Juma Buhimila Mabula and Han Dong Ping

AbstractAim: This study focused on reviewing and benchmarking how Tanzania primary and secondary school curriculum able to impart personal financial knowledge and skills to the young generation. Stressing the need and the importance of personal financial literacy at young age. Approach: among other aspects the review uses jumpstart coalition financial literacy standards to assess the adequacy of the syllabus to impart personal financial literacy. Results: the analysis unveil that there is very low level of imparting financial knowledge at primary school level. The secondary and advanced secondary school syllabuses have finance related subjects like commerce, bookkeeping, economics and accountancy all of these posit very low level of directly conveying financial literacy to learners even though they are studied in few specialized schools. Recommendations: The review emphasize on the need to restructure the curriculum to capture personal financial related subjects and concepts to prepare students to be effective present and future effective participants in the financial market. Moreover, the use of technological means and introduction various non-formal financial training deemed to enhance financial capability to the young generation in developing economies.Keywordsfinancial literacy, primary school, secondary school, syllabus