Financial literacy decision tree game: A system development exposé

[EN] Poor financial literacy has significant economic implications, with limited savings, insufficient retirement provisions and higher dependency on debt. Concerns about the level of financial literacy among the youth or young graduates motivated this study. The study describes the design of a game...

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Detalles Bibliográficos
Autores: Lotter, Melany, Okoro, Chioma
Tipo de recurso: capítulo de libro
Fecha de publicación:2023
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/203258
Acceso en línea:https://riunet.upv.es/handle/10251/203258
Access Level:acceso abierto
Palabra clave:Education
Financial literacy
Game design
System development
Universities
Young graduates
Descripción
Sumario:[EN] Poor financial literacy has significant economic implications, with limited savings, insufficient retirement provisions and higher dependency on debt. Concerns about the level of financial literacy among the youth or young graduates motivated this study. The study describes the design of a game to educate young graduates while imbibing life-long personal financial management skills. A system development approach was used to present the information. Scenarios and decisions were developed to guide the student (player) in planning and making decisions about their budget with real-life events or cases. The study will be beneficial to university students to transition smoothly into the workforce and take control of their finances. University authorities and stakeholders can also implement the game design to assist students in gaining financial education before venturing into the working world.