Financial education needed to make decisions solid
Published:
Apr 25, 2025
Volume:
23
Keywords:
Financial education
PISA
Financial literacy
Abstract
Since the beginning of the 2000s, financial education has become a national strategy, being seen as an aggregating instrument for education in many countries. Brazil begins to participate in the International Student Assessment Program – PISA on financial skills and abilities for 15-year-olds from 2015 onwards, as an optional component to make up the assessment run by the OECD. The article in question aims to support a discussion with a vast theoretical framework and, based on expository data from the PISA 2015, 2018 and 2022 assessments, bring to light discussions about the challenges of financial education in the country. Since the first assessment in 2015, Brazil came in last place and the 2022 assessment came in the last three places, ahead of only Saudi Arabia and Malaysia, making it clear that the challenges to be faced are enormous.
How to cite
Lucilena Ferraz Castanheira Corrêa, Paulo Rogério Faustino Matos. Financial education needed to make decisions solid. Brazilian Review of Finance, v. 23, n. 1, 2025. p. e202507. DOI: 10.12660/rbfin.v23n1.2025.92742.
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