Journal Screenshot

International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Enhancing Financial Education in Lower Primary with Concrete Kits and Digital Teaching Apps

Tan Tong Hock, Ahmad Fauzi Mohd Ayub, Riyan Hidayat

http://dx.doi.org/10.6007/IJARBSS/v14-i5/21655

Open access

Money is significant and should be understood and mastered by students since young age. However, students still face difficulties learning and getting the concept of money, especially in today's digital age. Therefore, this study aims to determine the effectiveness of using concrete money learning kits and digital teaching apps in enhancing the understanding of money concepts among second-grade students. The study respondents were 30 students who went through the lesson study using concrete and digital learning kits. The learning process of the concept of money included the introduction of money, operation in using money, exchange of money, and solving daily money problems. Data collection using test instruments was then analyzed using a marking scheme. Data analysis used to test the study hypotheses was paired with a T-test for the performance before and after the lesson study. The study's findings showed that the lesson study conducted successfully improved the achievement of second-year students in learning the concept of money. This study shows that concrete and digital learning kits can help students conceptual understand and promote meaningful mathematical learning. The implication to students is that they can improve their Mathematics achievement on money, especially in this era of e-money.

Accenture. (2017). Generation Z to switch the majority of purchases to retailers that provide the newest digital tools and channels. Global Consumer Shopping Survey 2017. https://www.accenture.com/_acnmedia/pdf-44/accenture-retail- customer-journey-research-2017-infographic.pdf
Aisyah, A. R., & Wajeeha, Z. (2016). Faktor penentu pengurusan kewangan: Kes mahasiswa Universiti Kebangsaan Malaysia. Jurnal Personalia Pelajar, 19(2), 85-94. http://journalarticle.ukm.my/10895/1/Artikel-9_Dr.-Aisyah-Abdul- Rahman_FEP.pdf
Fraenkel, J., & Wallen, N. (2019). How to design and evaluate research in education (10th ed.). McGraw Hill.
Huzaimah, Y., & Ahmad, A. (2017). Tahap literasi kewangan di kalangan mahasiswa [The level of financial literacy among undergraduates]. In International Conference on Global Education V “Global Education, Common Wealth, and Cultural Diversity.” Universitas Ekasakti, Padang, April 2017.
Lai, K. L., Khaw, A. H., & Seah, A. K. (2013). Satu kajian mengenai penggunaan bahan bantu mengajar dalam pengajaran pembelajaran matematik di sekolah rendah [A study on the use of teaching aids in the teaching of mathematics in elementary school]. Maktab Perguruan Batu Lintang.
McCrindle, M., & Fell. A. (2020). Understanding Generation Alpha. McCrindle Research.
Ministry of Education Malaysia. (2013). Pelan Pembangunan Pendidikan Malaysia (PPPM) 2013-2025 [Malaysia Education Blueprint 2013-2025].
Ministry of Education Malaysia. (2019). Pelaporan Pentaksiran Sekolah Rendah 2019 [Primary School Assessment Report 2019].
Nina Othman, I. F. (2017, Julai 25). Financial literacy: Starting them young. Personal Wealth, The Edge Malaysia Weekly.
https://www.theedgemarkets.com/article/financialliteracy-starting-them-young
Ngasiman, N. (2014). Kesan kaedah pembelajaran koperatif terhadap pencapaian pelajar dalam mata pelajaran matematik [The effect of cooperative learning methods on student achievement in mathematics subjects] (Unpublished Master thesis). Universiti Tun Hussein Onn Malaysia.
OECD. (2020). PISA 2018 Results (Volume IV): Are Students Smart about Money? PISA, OECD Publishing. https://doi.org/10.1787/48ebd1ba-en
Prebiu. (2019). Trend guna kemudahan tanpa tunai semakin meningkat-Kad Merchantrade turut raih populariti [The trend of cashless facilities is increasing- Merchantrade cards are also gaining popularity.]. https://prebiu.com/2019/03/04/trend-guna-kemudahan-tanpa-tunai-semakin-meningkat-kad-merchantrade-turut-raih- populariti/
Rubayah, Y., Hawati, J., & Nur Ain, K. (2015). Financial literacy level among public university students: Evidence from Universiti Kebangsaan Malaysia. Jurnal Personalia Pelajar, 18(1), 75–88.
Sobrey, J. A. (2018). Gelombang sistem bayaran tanpa tunai [Wave of cashless payment system]. Kosmo Online Jurnal.
http://psasir.upm.edu.my/id/eprint/66522/1/Gelombang%20Sistem%20Bayar an%20Tanpa%20Tunai.pdf
Thompson, W. (2019). Generation Alpha: Preparing for the future consumer. Wunderman Thompson Commerce Research.
https://gertkoot.files.wordpress.com/2019/10/wtcgeneration-alpha-2019.pdf
Xu, Y., Ghose, A., & Xiao, B. (2018). The impact of mobile payment channel on consumer consumption: Evidence from Alipay. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3270523
Zainudin, M. Z., Omar, R., & Kamarudin, M. F. (2016). Kaedah gabungan (mixed methods) dalam kajian pembasmian kemiskinan di malaysia dan Indonesia: pengalaman penyelidikan [Mixed methods in poverty eradication studies in Malaysia and Indonesia: Research experience. Universiti Teknikal Malaysia Melaka.

(Hock et al., 2024)
Hock, T. T., Ayub, A. F. M., & Hidayat, R. (2024). Enhancing Financial Education in Lower Primary with Concrete Kits and Digital Teaching Apps. International Journal of Academic Research in Business and Social Sciences, 14(5), 1254–1264.