Financial Literacy Web-based Learning Application Tool for Students of Higher Education Institutions

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Virgie Liza S. Mamauag, Maricris M. Usita

Abstract

Online learning and knowledge sharing are now the trends in an educational setting.  Educational online learning will fill the gap in getting the necessary knowledge about financial literacy.  Students are encouraged to be financially literate to appreciate their purpose in life.  The study focused on website development and evaluation for Higher Education Institutions' students to appreciate and internalize the value of financial literacy, including saving, spending, and investing.  The experimental research was utilized and focused on the processes involved in developing the system.  This study employed data analysis, online data gathering and used website validation, evaluation performance, and website deployment. A total of 145 respondents evaluated the web application.  Results showed that all the pages passed the required tests. Further, the website's performance evaluation is based on the Website Evaluation Questionnaire (WEQ) criteria through randomly sampled respondents and obtained a numerical rating of 4.07, which exceeded expectations in descriptive terms. Therefore, the developed website could serve as a helpful tool in learning financial literacy.

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