499
Views
1
CrossRef citations to date
0
Altmetric
Response to Call

Digital Financial Literacy of Young Chinese Children in Shanghai: A Mixed Method Study

ORCID Icon, ORCID Icon, , ORCID Icon & ORCID Icon

References

  • Amagir, A., Groot, W., Maassen van den Brink, H., & Wilschut, A. (2018). A review of financial-literacy education programs for children and adolescents. Citizenship, Social and Economics Education, 17(1), 56–80. https://doi.org/10.1177/2047173417719555
  • Appleyard, L., & Rowlingson, K. (2013). Children and financial education: Challenges for developing financial capability in the classroom. Social Policy and Society, 12(4), 507–520. https://doi.org/10.1017/S1474746412000644
  • Behnamnia, N., Kamsin, A., Ismail, M. A. B., & Hayati, A. (2020). The effective components of creativity in digital game-based learning among young children: A case study. Children and Youth Services Review, 116. https://doi.org/10.1016/j.childyouth.2020.105227
  • Berti, A. E., & Bombi, A. S. (1981). The development of the concept of money and its value: A longitudinal study. Child Development, 52(4), 1179–1182. https://doi.org/10.2307/1129504
  • Birbili, M., & Kontopoulou, M. (2015). Financial education for preschoolers: Preparing young children for the 21st century. Childhood Education, 91(1), 46–53. https://doi.org/10.1080/00094056.2015.1001670
  • Bonn, M., & Webley, P. (2000). South African children’s understanding of money and banking. The British Journal of Developmental Psychology, 18(2), 269–278. https://doi.org/10.1348/026151000165689
  • Carey, S. (2000). Science education as conceptual change. Journal of Applied Developmental Psychology, 21(1), 13–19. https://doi.org/10.1016/S0193-3973(99)00046-5
  • Chen, N. H., & Hung, Y. W. (2015). Online shopping orientation and purchase behavior for high-touch products. International Journal of Electronic Commerce Studies, 6(2), 187–202. https://doi.org/10.7903/ijecs.1401
  • China Collaborative Innovation Centre for Financial Literacy Education. (2018). China Financial Literacy Education Standards Framework. https://sdjky.net/index.php?m=wap&a=menushow&id=1404
  • Creswell, J. W., & Creswell, J. D. (2017). Research design: Qualitative, quantitative, and mixed methods approaches. Sage Publications.
  • Edwards, S. (2016). New concepts of play and the problem of technology, digital media and popular-culture integration with play-based learning in early childhood education. Technology, Pedagogy and Education, 25(4), 513–532. https://doi.org/10.1080/1475939X.2015.1108929
  • Fiske, A. (1991). Structures of social life: The four elementary forms of human relations: Communal sharing, authority ranking, equality matching, market pricing. Free Press.
  • Gasiorowska, A. (2019). Lay people’s and children’s theories of money. In K. Gangi & E. Kirchler (Eds.), A research agenda for economic psychology (pp. 11–25). https://doi.org/10.4337/9781788116060.00007
  • Gold, L. A. (2021). Financial literacy in the Ohio K–2 classroom: A mixed methods study. Education 3-13, 50(6), 1–15. https://doi.org/10.1080/03004279.2021.1905018
  • Goyal, K., & Kumar, S. (2021). Financial literacy: A systematic review and bibliometric analysis. International Journal of Consumer Studies, 45(1), 80–105. https://doi.org/10.1111/ijcs.12605
  • Guberman, S. R. (1996). The development of everyday mathematics in Brazilian children with limited formal education. Child Development, 67(4), 1609–1623. https://doi.org/10.2307/1131721
  • Holden, K., Kalish, C., Scheinholtz, L., Dietrich, D., & Novak, B. (2009). Financial literacy programs targeted on pre-school children: Development and evaluation. La Follette School Working Paper No. 2009-009. http://digital.library.wisc.edu/1793/36314
  • Jayaraman, J. D., Jambunathan, S., & Adesanya, R. (2022). Preparedness of early childhood teachers to teach financial literacy: Evidence from the US. Education 3-13, 50(8), 1121–1136. https://doi.org/10.1080/03004279.2021.1939399
  • Jennings, A. B. (2017). Exploring the autonomous economic world of children: A mixed methods study of kids’ naïve economic theories incorporating ethnographic and behavioral economics methodologies [ Doctoral dissertation]. University of Delaware. https://www.proquest.com/dissertations-theses/exploring-autonomous-economic-world-children/docview/1937500827/se-2
  • Jong, J.-T. (1997). Parents and kindergartners: Money and number, practices, concepts and skills [ Doctoral dissertation]. Iowa State University. https://doi.org/10.31274/rtd-180813-10498
  • Kaiser, T., & Menkhoff, L. (2020). Financial education in schools: A meta-analysis of experimental studies. Economics of Education Review, 78, 101930. https://doi.org/10.1016/j.econedurev.2019.101930
  • Karsen, M., Chandra, Y. U., & Juwitasary, H. (2019). Technological factors of mobile payment: A systematic literature review. Procedia computer science, 157, 489–498. https://doi.org/10.1016/j.procs.2019.09.004
  • Knobel, M., & Lankshear, C. (2016). Digital media and literacy development. In A. Georgakopoulou & T. Spilloti (Eds.), The Routledge handbook of language and digital communication (pp. 151–165). Routledge.
  • Kołodziej, S. (2012). How do Polish children understand economic concepts? The Central European Journal of Social Sciences and Humanities, 1(1), 15–22.
  • Kołodziej, S., Lato, K., & Szymańska, M. (2014). The role of parental influences on the economic socialization of children. Problems of Education in the 21st Century, 58(1), 99–107. https://doi.org/10.33225/pec/14.58.99
  • Kourilsky, M. (1977). The kinder-economy: A case study of kindergarten pupils’ acquisition of economic concepts. The Elementary School Journal, 77(3), 182–191. https://doi.org/10.1086/461045
  • Kumpulainen, K., & Renshaw, P. (2007). Cultures of learning. International Journal of Educational Research, 46(3–4), 109–115. https://doi.org/10.1016/j.ijer.2007.09.009
  • Kumpulainen, K., Sairanen, H., & Nordström, A. (2020). Young children’s digital literacy practices in the sociocultural contexts of their homes. Journal of Early Childhood Literacy, 20(3), 472–499. https://doi.org/10.1177/1468798420925116
  • Leiser, D. (1983). Children’s conceptions of economics—The constitution of a cognitive domain. Journal of Economic Psychology, 4(4), 297–317. https://doi.org/10.1016/0167-4870(83)90036-3
  • Lieberman, D. A., Bates, C. H., & So, J. (2009). Young children’s learning with digital media. Computers in the Schools, 26(4), 271–283. https://doi.org/10.1080/07380560903360194
  • Luo, W., Berson, I. R., Berson, M. J., & Han, S. (2022). Young Chinese children’s remote peer interactions and social competence development during the COVID-19 pandemic. Journal of Research on Technology in Education, 54(S1), S48–64. https://doi.org/10.1080/15391523.2021.1906361
  • Miles, M. B., Huberman, A. M., & Saldana, J. (2014). Qualitative data analysis: A methods sourcebook. Sage.
  • Morgan, P. J. (2021). Fintech, financial literacy, and financial education. In G. Nicolini & B. J. Cude (Eds.), The Routledge Handbook of Financial Literacy (pp. 239–258). Routledge.
  • Morgan, P. J., Huang, B., & Trinh, L. Q. (2019). The need to promote digital financial literacy for the digital age. In Realizing education for all in the digital age (pp. 40–46). Asian Development Bank Institute. https://www.adb.org/sites/default/files/publication/503706/adbi-realizing-education-all-digital-age.pdf
  • Nascimbeni, F., & Vosloo, S. (2019). Digital literacy for children: Exploring definitions and frameworks. UNICEF Office of Global Insight and Policy. https://ikanos.eus/wp-content/uploads/2019/09/UNICEF-Digital-Literacy-Scoping-Paper-FINAL-27-Aug-2019.pdf
  • OECD. (2014). PISA 2012 Results: Students and Money (Volume VI): Financial Literacy Skills for the 21st Century. Organization for Economic Co-operation and Development. https://www.oecd-ilibrary.org/education/pisa-2012-results-students-and-money-volume-vi_9789264208094-en
  • Pramling, I. (1991). Learning about “the shop”: An approach to learning in preschool. Early Childhood Research Quarterly, 6(2), 151–166. https://doi.org/10.1016/0885-2006(91)90004-5
  • Qi, M., Li, Z., & Zhu, L. (2015). Children’s understanding of economic phenomenon. Journal of Psychological Science, 38(5), 1123–1129.
  • Raghubir, P., & Srivastava, J. (2008). Monopoly money: The effect of payment coupling and form on spending behavior. Journal of Experimental Psychology Applied, 14(3), 213. https://doi.org/10.1037/1076-898X.14.3.213
  • Salas‐Velasco, M., Moreno‐Herrero, D., & Sánchez‐Campillo, J. (2021). Teaching financial education in schools and students’ financial literacy: A cross‐country analysis with PISA data. International Journal of Finance & Economics, 26(3), 4077–4103. https://doi.org/10.1002/ijfe.2005
  • Saldaña, J. (2021). The coding manual for qualitative researchers. Sage.
  • Scheinholtz, L., Holden, K., & Kalish, C. (2011). Cognitive development and children’s understanding of personal finance. In D. J. Lamdin (Ed.), Consumer knowledge and financial decisions (pp. 29–47). Springer. https://doi.org/10.1007/978-1-4614-0475-0_3
  • Siegler, R. S., & Thompson, D. R. (1998). “Hey, would you like a nice cold cup of lemonade on this hot day”: Children’s understanding of economic causation. Developmental Psychology, 34(1), 146–160. https://doi.org/10.1037/0012-1649.34.1.146
  • Soman, D. (2003). The effect of payment transparency on consumption: Quasi-experiments from the field. Marketing Letters, 14(3), 173–183. https://doi.org/10.1023/A:1027444717586
  • State Information Center, China Economic Information Service & Ant Financial Services. (2019). China digital payment development report. http://www.sic.gov.cn/news/79/10013.htm
  • Strauss, A. L. (1952). The development and transformation of monetary meanings in the child. American Sociological Review, 17(3), 275–286. https://doi.org/10.2307/2088073
  • Thaichon, P. (2017). Consumer socialization process: The role of age in children’s online shopping behavior. Journal of Retailing and Consumer Services, 34, 38–47. https://doi.org/10.1016/j.jretconser.2016.09.007
  • Van Campenhout, G. (2015). Revaluing the role of parents as financial socialization agents in youth financial literacy programs. The Journal of Consumer Affairs, 49(1), 186–222. https://doi.org/10.1111/joca.12064
  • Van Nes, F., Abma, T., Jonsson, H., & Deeg, D. (2010). Language differences in qualitative research: Is meaning lost in translation? European Journal of Ageing, 7(4), 313–316. https://doi.org/10.1007/s10433-010-0168-y
  • Vygotsky, L. S. (1978). Mind in society: Development of higher psychological processes. Harvard University Press.
  • Webley, P. (2005). Children’s understanding of economics. In M. Barrett & E. Buchanan-Barrow (Eds.), Children’s understanding of society (pp. 43–65). Psychology Press.
  • Whitebread, D., & Bingham, S. (2013). Habit formation and learning in young children. Money Advice Service. https://mascdn.azureedge.net/cms/the-money-advice-service-habit-formation-and-learning-in-young-children-may2013.pdf
  • Williams, P., Morton, J. K., & Christian, B. J. (2022). Enhancing financial literacy in children 5–12 years old using authentic learning within a school market garden programme. Education 3-13, 50(3), 361–374. https://doi.org/10.1080/03004279.2020.1851741
  • Zhang, J., & Mao, E. (2020). Cash, credit, or phone? An empirical study on the adoption of mobile payments in the United States. Psychology & Marketing, 37(1), 87–98. https://doi.org/10.1002/mar.21282

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.