INDEBTEDNESS: FINANCIAL LITERACY AS A COMBAT TOOL

Abstract

Financial literacy is an important topic to be discussed in the current context of Brazil due to the indebtedness of a large part of the Brazilian population. The work aims to address financial literacy as an instrument to combat the individual indebtedness. The methodology used was a bibliographic review and a specialized document review. As a result, economic indicators show that the lack of knowledge and ability to make the right decision can lead to an increase in default and indebtedness of the individual. It is concluded that learning the concepts of financial literacy is an important instrument to combat the indebtedness of the current Brazilian population and future generations.