THE SCOPE ANALYSIS OF FINANCIAL LITERACY FOR HIGH SCHOOL STUDENTS

Abstract

The objectives of this research article were to analyze the scope of financial literacy for high school students by using descriptive research with collecting qualitative data from five experts in the fields of economics and finance, economic education, and personal financial planning. The interview was performed by using the interview form with examined by five measurement experts and the collected data was analyzed by using Miles and Huberman content analysis method. The results of this study showed that the scope of financial literacy for high school students consists of 5 main topics and 12 sub-main topics as follows: 1) financial planning: 1.1) financial management,                 1.2) proper and essential consumption, 1.3) saving and investment; 2) borrowing and credit: 2.1) knowing the debts, 2.2) credit and impact of overdue payment, 2.3) credit card usage; 3) transactions and financial products: 3.1) financial transactions, 3.2) achievement of financial goal by financial products; 4) risk and prevention: 4.1) risk management by insurance, 4.2) financial disaster and 5) tax is a duty: 5.1) Economics for Everyday Life, 5.2) economics and personal finance. Based on the results of the study, the scope of the financial literacy can be used to develop and promote high school students to have a higher level of financial literacy.