Good Money Habits: e-guidebook for kids / Nurul Shafiqah Azman ... [et al.]

• Main Authors: Azman, Nurul Shafiqah, Wan Ahmad Fazlisyah, Wan Fareeza, Ghazat, Nur Anisah, Shafarudin, Nurul Asyikin, Mohd Nordin, Noorain
• Format: Book Section
• Language: English
• Published: Universiti Teknologi MARA, Kedah 2023
• Subjects: Educational technology; Learning. Learning strategies; Learning ability
• Online Access: https://ir.uitm.edu.my/id/eprint/83414/1/83414.pdf; https://ir.uitm.edu.my/id/eprint/83414/

A financial plan is a road map or simple visual guide that helps us achieve our objectives, whether on our own or with the assistance of a professional. It is an excellent method for developing plans for achieving short-term and long-term objectives. It may reduce financial stress to support current needs and help us to save for long-term goals like retirement. Good Money Habits is an electronic guidebook designed for kids to teach them how to manage and save money at a young age. Furthermore, the existing e-guidebook is complicated and not completely attractive for kids. Therefore, Good Money Habits was designed as a financial guidance tool for kids to learn more about financial planning. The main objective of Good Money Habits is to develop knowledge and skill to create a balanced plan to accomplish future goals. In addition, it also eases the process of managing or utilizing these funds efficiently. In terms of its novelty, this e-guidebook comes with notes, video animation, and interactive activities. The benefits of this product are as follows: i) it is easy to learn and use, ii) it develops abilities for increased savings, iii) it helps implement the right plan, and iv) it enhances knowledge to be prepared for an emergency fund. It is suitable to be used as a guidebook for kids to explore how financial planning might effectively achieve future goals. Hence, with this e-guidebook, it will be easier to encourage them to save money and be more disciplined toward their financial goals.