The purpose of this paper is to gain an understanding of the relationship between the concept of money and the consumption of the upper-grade elementary school students. Stratified and random sampling was used in this questionnaire study. The fifth and sixth graders in elementary schools in Taoyuan were the subjects of the study. The findings from this study included the following. First, male, sixth grade student, or the ones living in urban areas had improper concept of money. The second finding was that fifth graders from the rural areas who had less than NT$200 pocket money each month exhibited saving habits that manifest positive and reasonable consumption. Third, children who were less likely to show the dimensions of power, prestige and anxiety had positive and reasonable consumption, and they exhibited more sophisticated higher budget dimensions. The research findings could provide references for teachers to develop students’ proper concept of money and consumption.
Keywords: elementary school students, concept of money, consumption