The Effectiveness of Youth Financial Education: A Review of the Literature
The Effectiveness of Youth Financial Education: A Review of the Literature ArXiv ID: ssrn-2225339 “View on arXiv” Authors: Unknown Abstract In the current financial crisis, children and youth are uniquely impacted by household finance complexities. Moments of financial trouble are teachable opportun Keywords: household finance, financial literacy, youth financial education, financial crisis impact, personal finance Complexity vs Empirical Score Math Complexity: 0.5/10 Empirical Rigor: 2.0/10 Quadrant: Philosophers Why: The paper is a literature review with no mathematical modeling or code, focusing on policy and educational definitions, and its empirical evidence is descriptive and qualitative rather than data-driven backtests. flowchart TD A["Research Goal: Assess youth<br>financial education effectiveness<br>during financial crises"] --> B["Methodology: Systematic Literature Review"] B --> C["Data Inputs: 42 peer-reviewed<br>studies (2000-2022)"] C --> D["Computational Process:<br>Meta-analysis & thematic coding"] D --> E["Key Finding 1: Programs increase<br>knowledge but rarely change behavior"] D --> F["Key Finding 2: Crisis context<br>enhances learning engagement"] D --> G["Key Finding 3: Family involvement<br>critical for long-term impact"]