Demonstrates improved financial literacy in adolescents, suggesting schools should integrate financial education programs.
This study examines the impact of school-based financial education programmes on adolescent financial literacy in Tanzania. Financial education programmes were evaluated through a mixed-methods approach involving pre- and post-programme assessments for a sample of secondary school students in Tanzania. A significant improvement was observed in students' ability to manage finances, specifically in budgeting and saving strategies after participating in the financial education sessions (p < 0.05). The findings suggest that structured financial education within schools can effectively enhance adolescent financial literacy. Schools should integrate regular financial education into their curriculum to further improve students' financial capabilities.
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Mwase et al. (2001) studied this question.
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