| Abstract |
The objective of the study is to determine whether financial literacy interventions improve financial literacy significantly in the long-term (eighteen to twenty months after the intervention) and in the short-term (one to three months after the intervention). The improvements in the literacy scores in the short-term and in the long-term were then used to assess the extent of change in financial literacy over time. The study also investigated the efficacy of six alternate training methods, using three techniques - lectures; lectures and movies; and lectures, movies and games, with the training being imparted without and with an accompanying adult (mainly spouse). |