Clipping of news on Brazilian Culture, Law and Citizenship
15/05/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
One of the conclusions that indicator Serasa Experian Consumer Financial Education, which was launched today (14) in Sao Paulo, was demonstrated unfamiliarity with credit and with the notion of saving money for Brazilians. In this index, the Brazilians were evaluated taking into account three dimensions: the Knowledge, Attitude and Behavior. This theme was also addressed noCongresso Modern Consumer Credit, Billing & Payment (CCMCC) this year.
The indicator showed that the consumer spends more than it earns, not save money and do not plan the future. "He is new to credit. The lack of information on who grants credit on the actual level of consumer debt helped bring millions of Brazilian families experiencing over-indebtedness. The implementation of the positive list may, over time, to avoid this situation and increase financial education, "said Ricardo Loureiro, president of Serasa Experian.
To arrive at the results of the study were consulted 2,002 people in 142 cities from all Brazilian states and the Federal District in the first quarter of 2013. One of these findings was that more money in the account does not always mean better financial behavior: people who earn more than ten times the minimum wage were evaluated in dimension Behavior with an average score of those receiving minimum wage.
As one moves through the scales of income, the level of financial education rises, but because of other dimensions such as Attitude and Knowledge. Ie not having money in the account that makes the person knows saving, but their knowledge of personal finance and ability to plan.
Other items considered were education, which grows with the level of financial education and age, which also tends to grow proportionally. The study also found that people tend to have a better index of financial education as more family members are involved in financial decisions.
Retirement and future
An important aspect that we can evaluate this study is the lack of concern of the Brazilian towards retirement and financial future. The indicator shows that for 42% of respondents, the only way to long-term investment is for the National Institute of Social Security (INSS) and only 5% invest in any private pension plan.
Studies like this are a boost for that financial education is seen as something more urgent by the responsible agencies. "With the Indicator Serasa Experian Consumer Financial Education, Brazil becomes the first country in the world to have a methodology to determine the level of financial literacy of the population. Deliver annually to support the indicator measuring results in companies, organized civil society and with governments, which face the great challenge of financially educating our consumers, "said Loureiro.
Source: UOL - Modern Consumer
Our news are taken in full from our partner sites. For this reason, we can not change the contents of the same even in cases of typos.
This article was translated by an automatic translation system, and was therefore not reviewed by people.