FINANCIAL LITERACY, MATHEMATICS LITERACY AND ATTITUDE TOWARDS THE USE OF FINTECH SMARTPHONE APPS: A CASE STUDY OF INTERNATIONAL COLLEGE, SUAN SUNANDHA RAJABHAT UNIVERSITY

Abstract

The purposes of this study have been to explore financial literacy, mathematics literacy, and also the attitude towards the use of fintech smartphone apps among the students and alumni of the International College, Suan Sunandha Rajabhat University (Bangkok, Thailand). The stratified random sampling was employed in this study on the sample consisting of 273 units. The research finding reveal that 72.6% of the respondents possess the moderate level of knowledge and skills in financial literacy and in mathematics, while 4.5% of them have such skills at high level and 20.4% — at low level. The attitude among the students and alumni of the International College towards the use of fintech smartphone applications was divided into five areas. These were the ability and limitation, accuracy, safety, convenience and worthiness. The research findings reveal that the attitudes among the surveyed students and alumni were not much different. This was, most probably, because the sample units were in the same group of the generation Y (16-35 y.o.). This age group is using smartphones all the time and they are well familiar with many applications, including fintech ones. The research findings and conclusions can be used as guidelines while developing finance-related curriculum and also in mathematics learning instructions which may involve fintech apps use.