Instructional Web Application Development using Financial Planning process and Six Jars Money Management System to Enhance Financial Behavior of Lower Secondary Students
Keywords:
Financial Behavior, Financial Planning Process, Six Jars Money Management System, Web ApplicationAbstract
Financial literacy is an essential skill crucial for learners' development. According to the results of the Thailand Financial Literacy Survey conducted by the Bank of Thailand from 2016 to 2020, fostering financial behaviors among learners is imperative. This research aims to (1) develop a web application utilizing the financial planning process and the Six Jars Money Management System to enhance the financial behavior of lower secondary school students, and (2) investigate the effects of this web application on the financial behavior of lower secondary school students. The participants were 60 students selected from lower secondary schools using purposive sampling, and the study spanned a duration of 9 weeks, totaling 81 hours of study. Research instruments included the web application employing the financial planning process, the Six Jars Money Management System, and a financial behavior questionnaire. Data analysis utilized average mean scores, standard deviation, and t-tests. The results revealed a significant difference in students' mean scores on financial behavior before and after using the web application (t(29) = 11.36, p < .001, Cohen’s d = 1.18).
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