A design-based intervention approach to the development of a financial literacy interactive learning journey for youths in Singapore

Abstract

As the cost of financial illiteracy is becoming increasingly high for society, the pressing need for educators is to explore and develop effective ways of teaching financial literacy that are scalable and sustainable. In this chapter, the authors document the collaboration between the Citi-NIE Financial Literacy Hub for Teachers and Republic Polytechnic in developing a financial literacy interactive learning journey for secondary school students between the ages of 13 and 16 in Singapore. By adopting a design-based intervention approach, progressive refinements were applied to the development of the interactive journey as a platform to inculcate financial literacy. The development process and the findings are reported for further refinement and implementation.