Mobile Learning Application Design to Promote Youth Financial Management Competency in Thailand

Alisa Mueangpud,Prakob Koraneekij,Jintavee Khlaisang

doi:10.3991/ijim.v13i12.11367

Alisa Mueangpud, Prakob Koraneekij + Show 1 more

Open Access

https://doi.org/10.3991/ijim.v13i12.11367

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Abstract

<p class="0abstract">Financial knowledge is an important factor in a country’s economic and financial security and its citizens’ lives and there is much related research indicating that technology will help, especially in the case for the mobile learning application model. This has the potential to educate and for the knowledge to be shared via the social network and social share and for the student to access vast learning sources to cultivate appropriate habits in financial management as they grow up. The purpose of the study was to design and develop a mobile application, including confirmatory factor analysis to learn and promote youth's financial management competency. This study used mixed methods in research both quantitative and qualitative approaches to explore research by collecting the comments from 5 regions in Thailand totaling 957 students and the qualitative data of 10 teachers by interviews. The results found that 98.75% of students had a smart mobile phone and that the students need a mobile application which can be used for learning everywhere (64.89%), supporting smart mobile phones both iOS system (Apple) and Android (66.04%), mobile learning design consisting of infographics, animation, sound and video (65.41%), The respondents needed the scaffolding application that is both flexible and fixed at the highest level (67.50%) and scenario-based learning in daily life at the (84.64%) and a financial pretest which motivated mobile application learning.</p>

Highlights

The mission of the Organization for Economic Co-operation and Development (OECD) is to coordinate nations around the world such as G20 and Asia-Pacific Economic Co-operation: APEC
With the rapidly changing global situation, one necessary skill for life is financial knowledge and this seems important for children in the future as well as the country's economy and financial security according to the theory of endogenous growth which emphasises the importance of saving and investment [3] as a factor behind sustainable economy iJIM ‒ Vol 13, No 12, 2019
For the mobile learning financial management, the screen is designed with a clear menu suitable for fingers

Summary

Introduction

The mission of the Organization for Economic Co-operation and Development (OECD) is to coordinate nations around the world such as G20 and Asia-Pacific Economic Co-operation: APEC. The world is changing to a digital economy [4] which promotes the new business of FinTech (financial technology) and EDTECH (Education Technology) will upgrade education through new technology that opens up equal opportunities to access data as well as reduce the inequalities in education by equipping learners with the life skills of financial management suitable for the rapidly changeable economic and social situation. Now is the period of Gen Mobile in which mobile appliance such as smart phones and tablet s have become part of our daily lives and people can connect and exchange data by the internet [5]. Financial management learning is not done by only context reading, but learners must learn by scenario-based learning which assists them in interpreting and applying the relevant knowledge in their daily lives [8]

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