Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong

In view of the high impact of materialistic orientation among children and adolescents, financial educational programs are provided as preventive measures. Without a clear framework, it is impossible to evaluate these programs. The goals of this paper are threefold. Firstly, the phenomena related to...

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Main Authors: Lee, Tak Yan, Law, Ben M. F.
Format: Online
Language:English
Published: TheScientificWorldJOURNAL 2011
Online Access:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3236490/
id pubmed-3236490
recordtype oai_dc
spelling pubmed-32364902011-12-22 Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong Lee, Tak Yan Law, Ben M. F. Research Article In view of the high impact of materialistic orientation among children and adolescents, financial educational programs are provided as preventive measures. Without a clear framework, it is impossible to evaluate these programs. The goals of this paper are threefold. Firstly, the phenomena related to adolescent materialistic orientation and its associated problems in Hong Kong are examined. Secondly, the concept of financial education as a preventive measure is reviewed. Both board and narrow definitions of money literacy are examined. A framework on money literacy for children and adolescents as a founding stone for financial education is proposed. The framework finds its support from a typology proposed by the authors and results from an integration of research findings on dimensions of the concepts of money and success. Finally, curriculum units for Grades 7 to 9 students in a positive youth development program (the Project P.A.T.H.S.) are developed using the framework. TheScientificWorldJOURNAL 2011-11-20 /pmc/articles/PMC3236490/ /pubmed/22194664 http://dx.doi.org/10.1100/2011/650203 Text en Copyright © 2011 T. Y. Lee and B. M. F. Law. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
repository_type Open Access Journal
institution_category Foreign Institution
institution US National Center for Biotechnology Information
building NCBI PubMed
collection Online Access
language English
format Online
author Lee, Tak Yan
Law, Ben M. F.
spellingShingle Lee, Tak Yan
Law, Ben M. F.
Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong
author_facet Lee, Tak Yan
Law, Ben M. F.
author_sort Lee, Tak Yan
title Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong
title_short Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong
title_full Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong
title_fullStr Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong
title_full_unstemmed Teaching Money Literacy in a Positive Youth Development Program: The Project P.A.T.H.S. in Hong Kong
title_sort teaching money literacy in a positive youth development program: the project p.a.t.h.s. in hong kong
description In view of the high impact of materialistic orientation among children and adolescents, financial educational programs are provided as preventive measures. Without a clear framework, it is impossible to evaluate these programs. The goals of this paper are threefold. Firstly, the phenomena related to adolescent materialistic orientation and its associated problems in Hong Kong are examined. Secondly, the concept of financial education as a preventive measure is reviewed. Both board and narrow definitions of money literacy are examined. A framework on money literacy for children and adolescents as a founding stone for financial education is proposed. The framework finds its support from a typology proposed by the authors and results from an integration of research findings on dimensions of the concepts of money and success. Finally, curriculum units for Grades 7 to 9 students in a positive youth development program (the Project P.A.T.H.S.) are developed using the framework.
publisher TheScientificWorldJOURNAL
publishDate 2011
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3236490/
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