The Impact of Gamified Learning on Financial Literacy and Behavioral Change
This study explores the impact of gamified teaching on financial and investment education, focusing on its effectiveness in enhancing financial knowledge, motivating learning, and influencing investment behavior. Results show a 31% improvement in participants' financial knowledge, with average test scores increasing from 65.3 to 85.7. Gamified elements, such as competitive games and storybooks, boosted engagement (87%) and reduced learning anxiety (78%). Behavioral changes were also observed, with 72% applying learned knowledge to simulated investments and 46% entering the investment market for the first time. Qualitative feedback highlighted the effectiveness of tools like interactive chatbots and story-based games in lowering learning barriers and increasing enjoyment. This research demonstrates that gamified workshops provide an innovative and impactful approach to financial education, fostering both knowledge acquisition and behavioral transformation while enhancing overall learning experiences.
Authors
- Chia-Hao Chiu
Institutions
- Soochow University (TW)
Publication Details
- Published
- 2025-05-14
- DOI
- https://doi.org/10.1109/icaie64856.2025.11158633
- Primary Topic
- Financial Literacy and Behavior
- Type
- article
- Field-Weighted Citation Impact
- 0.00