IDEAS home Printed from https://ideas.repec.org/a/apb/jahsss/2017p332-339.html
   My bibliography  Save this article

Disconnect between parents’ values for saving and actual savings behavior: Impact on children’s education and financial decision-making

Author

Listed:
  • Diane Masuo

    (University of Hawai’i at Manoa, Honolulu, HI)

  • Michael Cheang

    (University of Hawai’i at Manoa, Honolulu, HI)

Abstract

As educational technologies continue to expand, American higher education has witnessed radical transformation to provide students a more integrated and multi-dimensional educational experience. This convergence of technology and student expectations of Generation Z has led to redefined learning and teaching models. While hitting the sweet spot of technology and learning expectations may need more data and research, the balance can be optimized in blended learning classrooms. The exploratory paper will present a case study that incorporates active learning classroom teaching and technology and explore the advantages and challenges they present to both students and faculty. Results from the case study indicate that the grade point average increased, and students were satisfied with the blended learning experience although challenges persisted for both students and faculty. A practical framework to reimagine the role of technology in higher education to create a student-centered ecosystem that empowers learning experiences are presented along with recommendations on how faculty and institutions could be embracing technology to enhance student outcomes.

Suggested Citation

  • Diane Masuo & Michael Cheang, 2017. "Disconnect between parents’ values for saving and actual savings behavior: Impact on children’s education and financial decision-making," Journal of Advances in Humanities and Social Sciences, Dr. Yi-Hsing Hsieh, vol. 3(6), pages 332-339.
    • Handle: RePEc:apb:jahsss:2017:p:332-339
    DOI: 10.20474/jahss-3.6.5
    as

    Download full text from publisher

    File URL: https://tafpublications.com/platform/Articles/full-jahss3.6.5.php
    Download Restriction: no
    File URL: https://tafpublications.com/gip_content/paper/Jahss-3.6.5.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.20474/jahss-3.6.5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Domingo C. Edano & Edna Marie D. Punzalan & Natty L. Tumutod, 2017. "Transformational Leadership Styles Of Public Elementary School Principals In Relation To School Social Organizational Factors In Region Iii, Philippines," International Journal of Humanities, Arts and Social Sciences, Dr. Mohammad Hamad Al-khresheh, vol. 3(3), pages 113-121.
    2. Rovelina B. Jacolbia, 2016. "Future educators’ perceptions on technology and livelihood education status and development of work skills," Journal of Advances in Humanities and Social Sciences, Dr. Yi-Hsing Hsieh, vol. 2(2), pages 85-97.
    3. Chen, Haiyang & Volpe, Ronald P., 1998. "An Analysis of Personal Financial Literacy Among College Students," Financial Services Review, Elsevier, vol. 7(2), pages 107-128.
    4. Siti Fatimah, A.Z & Norhafizah, M.S & Noryanti. M & Rozieana,K & Hassan, R.G, 2015. "A Study Of Students’ Performance In Calculus And Their Attitudes Toward The Course Using A Tripartite Model," International Journal of Humanities, Arts and Social Sciences, Dr. Mohammad Hamad Al-khresheh, vol. 1(1), pages 30-35.
    5. Casey Totenhagen & Deborah Casper & Kelsey Faber & Leslie Bosch & Christine Wiggs & Lynne Borden, 2015. "Youth Financial Literacy: A Review of Key Considerations and Promising Delivery Methods," Journal of Family and Economic Issues, Springer, vol. 36(2), pages 167-191, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Azra Zaimovic & Anes Torlakovic & Almira Arnaut-Berilo & Tarik Zaimovic & Lejla Dedovic & Minela Nuhic Meskovic, 2023. "Mapping Financial Literacy: A Systematic Literature Review of Determinants and Recent Trends," Sustainability, MDPI, vol. 15(12), pages 1-30, June.
    2. Kamer Karakurum-Ozdemir & Melike Kokkizil & Gokce Uysal, 2019. "Financial Literacy in Developing Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(1), pages 325-353, May.
    3. Sergio Longobardi & Margherita Maria Pagliuca & Andrea Regoli, 2018. "Can problem-solving attitudes explain the gender gap in financial literacy? Evidence from Italian students’ data," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(4), pages 1677-1705, July.
    4. repec:pra:mprapa:40678 is not listed on IDEAS
    5. Muhammad Waqas & Alishba Hania & Farzan Yahya & Iqra Malik, 2023. "Enhancing Cybersecurity: The Crucial Role of Self-Regulation, Information Processing, and Financial Knowledge in Combating Phishing Attacks," SAGE Open, , vol. 13(4), pages 21582440231, December.
    6. Alfonso Arellano & Noelia Camara & David Tuesta, 2014. "El efecto de la autoconfianza en el conocimiento financiero," Working Papers 1427, BBVA Bank, Economic Research Department.
    7. Lim, Thien Sang & Mail, Rasid & Abd Karim, Mohd Rahimie & Ahmad Baharul Ulum, Zatul Karamah & Jaidi, Junainah & Noordin, Raman, 2018. "A serial mediation model of financial knowledge on the intention to invest: The central role of risk perception and attitude," Journal of Behavioral and Experimental Finance, Elsevier, vol. 20(C), pages 74-79.
    8. Thomas A. Hanson, 2022. "Family Communication, Privacy Orientation, & Financial Literacy: A Survey of U.S. College Students," JRFM, MDPI, vol. 15(11), pages 1-13, November.
    9. Gangwar, Rachna & Singh, Ritvik, 2018. "Analyzing Factors Affecting Financial Literacy and its Impact on Investment Behavior among Adults in India," MPRA Paper 89452, University Library of Munich, Germany.
    10. Mhd Akbar Hasibuan & Marwanti, 2019. "The Importance of Personal Financial Management Awareness at the Padang Lawas Student Family Association in Yogyakarta, Indonesia," Journal of Scientific Reports, IJSAB International, vol. 1(1), pages 44-50.
    11. Ioan Cristian Mustața & Ioana Mustața, 2020. "Integration of Technology Enriched Games with Classical Teaching Instruments for the Development of Technical Communication Competencies," Journal of ICT, Design, Engineering and Technological Science, Juhriyansyah Dalle, vol. 4(1), pages 12-15.
    12. Sangeeta Arora & Kanika Marwaha, 2013. "Financial Literacy Level and Awareness Regarding Stock Market," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 38(3), pages 241-253, August.
    13. C. Andrew Lafond & Bruce Leauby, 2014. "Integrating Financial Literacy Concepts into the Introductory Financial Accounting Course," International Journal of Business and Social Research, LAR Center Press, vol. 4(5), pages 12-24, May.
    14. Nadia Asandimitra & Tony Seno Aji & Achmad Kautsar, 2019. "Financial Behavior of Working Women in Investment Decision-Making," Information Management and Business Review, AMH International, vol. 11(2), pages 10-20.
    15. Adam Hancock & Bryce Jorgensen & Melvin Swanson, 2013. "College Students and Credit Card Use: The Role of Parents, Work Experience, Financial Knowledge, and Credit Card Attitudes," Journal of Family and Economic Issues, Springer, vol. 34(4), pages 369-381, December.
    16. Jing Jian Xiao & Joyce Serido & Soyeon Shim, 2010. "Financial Education, Financial Knowledge and Risky Credit Behavior of College Students," NFI Working Papers 2010-WP-05, Indiana State University, Scott College of Business, Networks Financial Institute.
    17. Rodriguez-Raga, Santiago & Martinez-Camelo, Natalia, 2022. "Game, guide or website for financial education improvement: Evidence from an experiment in Colombian schools," Journal of Behavioral and Experimental Finance, Elsevier, vol. 33(C).
    18. Mouna, Amari & Anis, Jarboui, 2017. "Financial literacy in Tunisia: Its determinants and its implications on investment behavior," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 568-577.
    19. Pillai, Rajasekharan & Carlo, Rozita & D’souza, Rachel, 2010. "Financial Prudence among Youth," MPRA Paper 22450, University Library of Munich, Germany.
    20. Irman, Mimelientesa, 2020. "Sociodemographic Factors on Financial Literacy of University Students in Pekanbaru, Indonesia," International Journal of Economics Development Research (IJEDR), Research and Intellectual Development Foundation, vol. 1(3), pages 225-242, December.
    21. Vieira, Kelmara Mendes & Potrich, Ani Caroline Grigion & Bressan, Aureliano Angel, 2020. "A proposal of a financial knowledge scale based on item response theory," Journal of Behavioral and Experimental Finance, Elsevier, vol. 28(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:apb:jahsss:2017:p:332-339. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Yi-Hsing Hsieh (email available below). General contact details of provider: https://tafpublications.com/platform/published_papers/12 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.