Teaching Financial Literacy across the Generations

This article describes a tool developed by educators of the University of Minnesota Extension and University of Wisconsin Cooperative Extension to assist professionals as they plan financial education for participants. In today's changing economy, financial education is essential throughout one...

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Bibliographic Details
Published in:Journal of extension 2013-02, Vol.51 (1)
Main Authors: Jokela, Becky Hagen, Hendrickson, Lori, Haynes, Barbara
Format: Article
Language:English
Subjects:
Consumer Education
Extension Education
Generational Differences
Literacy
Money Management
Teaching Methods
Workshops
Online Access:Get full text
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Summary:This article describes a tool developed by educators of the University of Minnesota Extension and University of Wisconsin Cooperative Extension to assist professionals as they plan financial education for participants. In today's changing economy, financial education is essential throughout one's life cycle. By understanding learner attributes, educators can create motivating learning environments and seek appropriate teaching methods to capture participant attention. Multi-generational complications may arise as people view and communicate about money differently. The financial literacy grid was developed to examine generational characteristics, life cycle tasks, financial concepts, and appropriate teaching techniques to meet learner needs.
ISSN:1077-5315
0022-0140
1077-5315
DOI:10.34068/joe.51.01.16