INSTRUCTIONAL SYSTEM DESIGN WITH FINANCIAL PLANNING APPROACH TO UNDERGRADUATE’S FINANCIAL DISCIPLINE IN NEW NORMAL

Main Article Content

Wachira Kruekamai
Chawalit Kodsiri

Abstract

The article aims to discuss and give a concrete example of integrating a systematic process of instructional system design (ISD) with financial planning approach in order to enable undergraduate students to create sound financial discipline and apply in particular to their everyday life in the era of Covid 19 crisis or economic difficulties. For this purpose, the article presents instructional system design with five steps: 1) analysis, 2) design & development, 3) implementation, 4) evaluation and 5) propagation and sharing. This is also integrated into the contents of building financial discipline consisting of gathering information and setting financial goals, analyzing and evaluating financial data, writing a financial action plan and following the plan, and reviewing and revising the financial plan periodically. The organized procedure places emphasis on undergraduate’s financial management to financial happiness and fulfills their needs of living in everyday life from financial aspects of making a spending plan, generating additional income, reducing unnecessary expenses, and evaluating personal finance. This not only disciplines undergraduates as both strong Thai and global citizens to put their characteristics of good habits into practice but also reduces their debt problems from unnecessary expenses by means of fostering a harmonious relationship within wisdom, body and mind. As well as instructors can use its value to develop learning management.

Article Details

Section
Academic Article

References

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