The level of financial literacy tends to be low inchildren, while information and financial education forchildren are very limited, especially in developing coun-tries without mandatory financial education in schools.This study examined the effects of a classroom financialeducation program on financial knowledge. We used ‘‘Fi-nancial Intelligence Curriculum’’ designed for elementaryschool students from grade 1–6, focusing on the need andwant, priority needs, income, spending, saving, and shar-ing. Using experimental method with pre-post-test andcontrol group design, we found that the treatment groupwho received financial education has improved financialknowledge relative to the control group. The study pro-vides evidence that elementary school students are appro-priate targets for financial education and that it is necessaryto develop mechanisms for effective learning to improvefinancial capability at an early age

• Bringing Voluntary Financial Education in Emerging Economy:Role of Financial Socialization During Elementary Years