Published
2022-04-22
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Reflections on Financial Education Applied to Indebtedness

DOI: https://doi.org/10.22490/ECACEN.4269
Section
Artículos
Marlio Daniel Perdomo Quevedo Universidad Nacional Abierta y A Distancia
Luis Carlos Celis Parra Universidad Nacional Abierta y A Distancia
Sandra Perdomo Paredes Universidad Nacional Abierta y A Distancia

This article of reflection not derived from research results, underlies an ongoing project that aims to analyze the habits and levels of indebtedness of young university students belonging to the Business Administration Program of Higher Education Institutions of the city of Florence. For this reason, the document highlights the importance of educating yourself in financial aspects that allow you to lead a life of tranquility while taking care of your pocket, since it is common to find that individuals and family groups are frequently involved in altercations where the money factor is the protagonist However, these situations in various cases could be avoided if people became aware of planning their expenses and borrowing rationally.

That is why one of the main aspects of financial education and that is addressed in this document, is indebtedness, since acquiring debt not only generates inconveniences, it is also the opportunity to improve finances to the extent that money be managed efficiently and the individual recognizes their debt limits so as not to fall into the game of acquiring credits to solve credits that ultimately only lead to the trap of over-indebtedness that affects not only the pocket, but also health.