Suthinee Supanantaroek|Robert Lensink|Nina Hansen
The Impact of Social and Financial Education on Savings Attitudes and Behavior Among Primary School Children in Uganda
University of Groningen|University of Groningen|Wageningen University & Research|University of Groningen
saving plays crucial role process economic growth however one main reason poor people often save lack financial knowledge improving savings culture children financial education promising way develop savings attitudes behavior early lifethis study one first examines effects social financial education training childrens club developed aflatoun savings attitudes behavior among primary school children uganda besides berry karlan pradhana randomized phase approach used randomizing order schools implemented program schoollevel randomization treatment group consisted students schools program implemented control group program yet implemented program lasted 3 months including 16 hours compared posttreatment variables treatment control groupstudy participants included 1746 students 936 students 22 schools randomly assigned receive program may july 2011 remaining 810 students attended 22 schools implement program study periodindicators childrens savings attitudes behavior key outcomesthe intervention increased awareness money money recording savings attitudes also provides evidencealthough less robustthat intervention increased actual savingsa short financial literacy social training improve savings attitudes behavior children considerably