'Cradle to grave' financial literacy programs and money management

The objective of this paper is to develop an integrated conceptual model, termed as the “cradle to grave model” that forms the link between the roles of educational agents, socialisation agents and the media with financial literacy and its eventual impact on money management. The paper also propos...

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Main Authors: D. Sundarasen, Sheela Devi, Rahman, Muhammad Sabbir, Rajangam, Nakiran, Sellappan, Rathakrishnan
Format: Article
Language:English
Published: Canadian Center of Science and Education 2014
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Online Access:http://irep.iium.edu.my/36975/1/Cardle_to_grave.pdf
http://irep.iium.edu.my/36975/
http://dx.doi.org/10.5539/ijef.v6n6p240
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spelling my.iium.irep.369752016-02-13T05:42:20Z http://irep.iium.edu.my/36975/ 'Cradle to grave' financial literacy programs and money management D. Sundarasen, Sheela Devi Rahman, Muhammad Sabbir Rajangam, Nakiran Sellappan, Rathakrishnan HG Finance HG4001 Financial management. Business finance. Corporation finance. The objective of this paper is to develop an integrated conceptual model, termed as the “cradle to grave model” that forms the link between the roles of educational agents, socialisation agents and the media with financial literacy and its eventual impact on money management. The paper also proposes the moderating effects of money attitude between financial literacy and money management for future empirical research. The researchers deliberated on a rigorous literature to conceptualise the model. It is envisioned that the paper will assist individual citizens and the policy makers in understanding the use of educational institutions, society and media to intellectualize financial literacy in achieving money management. The proposed conceptual model by the researchers should not be generalized until further empirical testing. Auxiliary research is desired to empirically validate the concept through systematic investigations and devising of appropriate tools for quantification. The idea is original and makes the foundational contribution for an inaugural stream of financial literacy and money management research. Canadian Center of Science and Education 2014 Article REM application/pdf en http://irep.iium.edu.my/36975/1/Cardle_to_grave.pdf D. Sundarasen, Sheela Devi and Rahman, Muhammad Sabbir and Rajangam, Nakiran and Sellappan, Rathakrishnan (2014) 'Cradle to grave' financial literacy programs and money management. International Journal of Economics and Finance, 6 (6). pp. 240-246. ISSN 1916-9728 (O), 1916-971X (P) http://dx.doi.org/10.5539/ijef.v6n6p240 10.5539/ijef.v6n6p240
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HG Finance
HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG Finance
HG4001 Financial management. Business finance. Corporation finance.
D. Sundarasen, Sheela Devi
Rahman, Muhammad Sabbir
Rajangam, Nakiran
Sellappan, Rathakrishnan
'Cradle to grave' financial literacy programs and money management
description The objective of this paper is to develop an integrated conceptual model, termed as the “cradle to grave model” that forms the link between the roles of educational agents, socialisation agents and the media with financial literacy and its eventual impact on money management. The paper also proposes the moderating effects of money attitude between financial literacy and money management for future empirical research. The researchers deliberated on a rigorous literature to conceptualise the model. It is envisioned that the paper will assist individual citizens and the policy makers in understanding the use of educational institutions, society and media to intellectualize financial literacy in achieving money management. The proposed conceptual model by the researchers should not be generalized until further empirical testing. Auxiliary research is desired to empirically validate the concept through systematic investigations and devising of appropriate tools for quantification. The idea is original and makes the foundational contribution for an inaugural stream of financial literacy and money management research.
format Article
author D. Sundarasen, Sheela Devi
Rahman, Muhammad Sabbir
Rajangam, Nakiran
Sellappan, Rathakrishnan
author_facet D. Sundarasen, Sheela Devi
Rahman, Muhammad Sabbir
Rajangam, Nakiran
Sellappan, Rathakrishnan
author_sort D. Sundarasen, Sheela Devi
title 'Cradle to grave' financial literacy programs and money management
title_short 'Cradle to grave' financial literacy programs and money management
title_full 'Cradle to grave' financial literacy programs and money management
title_fullStr 'Cradle to grave' financial literacy programs and money management
title_full_unstemmed 'Cradle to grave' financial literacy programs and money management
title_sort 'cradle to grave' financial literacy programs and money management
publisher Canadian Center of Science and Education
publishDate 2014
url http://irep.iium.edu.my/36975/1/Cardle_to_grave.pdf
http://irep.iium.edu.my/36975/
http://dx.doi.org/10.5539/ijef.v6n6p240
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score 13.211869