A new approach to children's education quarterly

A new approach to children's education quarterly

Presenting a model for developing financial literacy in students

Document Type : Original Article

Authors
Hajar Rafiean Shahmiri 1
Maryam Safari 2
Negin Jabbari 1
1 Department of Educational administration, Go.C., Islamic Azad University, Gorgan, Iran.
2 Department of Educational Sciences, Az.C., Islamic Azad University, Azadshahr, Iran.
10.22034/naes.2025.552923.1793
Abstract
Background and Aim: Financial literacy is considered a life skill required for better choices, identifying opportunities, and planning for the future. This study was conducted with the aim of presenting a model for developing financial literacy in students.
Methods: The method of conducting qualitative research (synthesis study). The research area was 29 Iranian and foreign research articles in the field of financial literacy during the years 1397 to 1404 (14 articles) and 2017 to 2025 (15 articles) with specific inclusion and exclusion criteria. The sampling method was purposive and its instrument was a researcher-made questionnaire (form), whose validity was examined with the Lawshe coefficient and reliability with the Kappa index. The synthesis study data analysis was conducted based on the Roberts model and open, axial, and selective coding.
Results: Presenting a model for developing financial literacy in students requires 5 dimensions, 14 components, and 42 indicators. The dimension "financial awareness and knowledge" has 4 components: understanding the basic concepts of money and economics; recognizing financial instruments; being aware of the time value of money and inflation; entrepreneurship and identifying business opportunities and 15 indicators, the dimension "financial skills and abilities" has 2 components: budgeting and personal financial planning; avoiding financial risks and 6 indicators, the dimension "financial attitudes and beliefs" has 3 components: positive attitude towards savings and investment; responsible consumption; a forward-looking perspective on financial issues and 8 indicators, the dimension "financial behavior and decision-making" has 3 components: cost management and control; making informed financial decisions when purchasing; preventing unnecessary debt and 7 indicators, the dimension "legal awareness and financial ethics" has 2 components: financial responsibility; transparency and honesty in financial matters and 6 indicators.
Conclusion: Developing financial literacy in students requires a comprehensive look at the five dimensions of knowledge, skills, attitudes, behavior, and ethics. The presented model can provide a coherent framework for educational planning and effective interventions in schools. This model will pave the way for improving the financial capabilities of the next generation and improving the quality of their decision-making in life.
Keywords
Development
Students
Financial Literacy
Model
Subjects
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A new approach to children's education quarterly
Volume 7, Issue 4 - Serial Number 26
Winter 2026
Pages 109-127