Does Training Teachers in Financial Education Improve Students’ Financial Well-Being? An Abstract

Financial education has been recognised as a transformative service. It aims to increase individuals’ capability as financial consumers, thereby improving their financial well-being. Whilst many countries have developed financial education programmes for schools, the impact of such interventions is mixed (Hoffmann and Otteby 2018). A parliamentary report on financial education in schools in the UK (APPG 2016) concludes that much more support is needed to strengthen the delivery of financial education in schools, in particular through improving teacher confidence and skill set.