Measuring Learning and Engagement of Adult in a Money Museum: Development of Financial Knowledge
Mohd Halim Mahphoth (a*),Wei-Loon Koe (a), Puspo Dewi Dirgantari (b), Yusuf Murtadlo Hidayat (b)

a) Faculty of Business and Management, Universiti Teknologi MARA Cawangan Melaka Malaysia
Kampus Bandaraya Melaka, 110 Off Jalan Hang Tuah, 75300 Melaka
*mohdhalim282[at]uitm.edu.my
b) Faculty of Economics and Business Education Universitas Pendidikan Indonesia
Jl. Dr. Setiabudi No.229, Isola, Kec. Sukasari, Kota Bandung, Jawa Barat 40154, Indonesia

Abstract

Financial literacy plays a critical role in the lives of adults, empowering them with the knowledge and skills necessary to make informed financial decisions. Unfortunately, many adults lack the necessary financial knowledge, which can lead to poor financial decisions, increased debt, and limited opportunities for financial growth. Therefore, it is crucial to emphasize the importance of financial literacy among adults and provide them with the tools and resources needed to navigate the intricacies of personal finance. Financial literacy education in museums can be a valuable and engaging way to promote financial knowledge and skills among adults. Museums offer unique learning environments where visitors can explore various aspects of personal finance through interactive exhibits, workshops, and educational programs. Thus, this study examined the relationship between engagement and learning experience in a museum among adult visitors. Result from the findings indicated that engagement and learning experience are interconnected in a museum setting. By promoting active learning through sensory, affective, cognitive and social engagement, museums can create an environment where visitors are actively involved in the learning process and derive maximum educational benefits from their visit. These were used to prompt further discussion on empowering individuals to achieve their financial well-being and help visitors understand the broader implications of financial decisions through museums^ unique educational offerings.

Keywords: Engagement, Learning, Financial Knowledge, Adult, Museum

Topic: Financial Management and Accounting