Endividamento como consequência do analfabetismo financeiro

Abstract

The objective of this study is to examine the association between financial education and family debt habits, highlighting the positive impacts of financial literacy and describing its benefits. To achieve this, a questionnaire consisting of 23 questions was administered to 144 participants living in the city of Fortaleza, Ceará, Brazil. Descriptive analysis was used to present the results based on the participants’ socioeconomic profiles. The findings of the study showed that the level of financial education among respondents is still low; however, it improves when individuals have completed higher education or attained higher educational levels. The research results also indicated that respondents’ debt habits vary according to age, income, and gender. The evidence suggests that a significant portion of the participants have substantial credit card expenses, even compromising up to 90% of their income. The findings of this study reinforce the premise that individuals with higher financial literacy demonstrate greater control over their debt levels.