MoneyWise Cash-Flow Simulation Module: Improving Students’ Grade Through Enhanced Personal Financial Planning System


  • Suhaily Maizan Abdul Manaf MRS
  • Fathiyah Ismail
  • Nur Azwani Mohamad Azmin
  • Sholehah Abdullah
  • Siti Fatimah Mardiah Hamzah
  • Nik Noor Afizah Azlan
  • Zaimi Mohamed
  • Salwani Affandi



e-learning, module, financial literacy, simulation, students' grade


The development of MoneyWise Personal Cash-Flow Simulation Module in teaching and learning focuses on helping students understand the personal financial management elements. The simulation enables the students to experience the essentials of budgeting, record-keeping, valuable tools, and tips on managing cash flows and other related activities in money management. During the simulation, the students have been able to analyse their financial position in various reports, such as the budget template and cash-flow statement. In the meantime, the module will enhance students’ potentials to obtain excellent grades in the personal financial planning course and elevate their skills and readiness to face real-life situations in the future. The findings have shown that the percentage of student’s scores in Part A has increased from 75.9 per cent in semester 20182 to 84.6 per cent in semester 20184. While 80.6 per cent score in 20192 which is above the targeted average, concludes that the objectives have been achieved. The system not only functions as an e-learning material but is also helpful for individuals to record and manage their daily transactions. MoneyWise is an excellent e-learning innovation and relevant financial tool to elevate financial literacy, aligning with the National Strategy for Financial Literacy 2019-2023.


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28-09-2022 — Updated on 28-09-2022

How to Cite

Abdul Manaf, S. M., Fathiyah Ismail, Nur Azwani Mohamad Azmin, Sholehah Abdullah, Siti Fatimah Mardiah Hamzah, Nik Noor Afizah Azlan, Zaimi Mohamed, & Affandi, S. . (2022). MoneyWise Cash-Flow Simulation Module: Improving Students’ Grade Through Enhanced Personal Financial Planning System. E-Jurnal Penyelidikan Dan Inovasi, 9(2), 24–41.