The effect of the family on the financial behavior of adolescents in public schools
DOI:
https://doi.org/10.11606/issn.1982-6486.rco.2018.142534Keywords:
Family in financial education., Financial behavior., Public education.Abstract
The study analyzes the effect of family interaction on the financial behavior of adolescents in public schools. Financial education and its consequences on future adult behavior originate in childhood and adolescence. A questionnaire was applied to about 1,900 high school students from 14 public schools in the South of Brazil. The results indicate that the typical behavior of having no control of spending and the low propensity to saving are related to a weak discussion of this issue by the family. In general, the family disseminate initial financial knowledge or through daily experiences.
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