Knowledge against indebtedness: Financial education mediated by digital technologies
J. Doll, L. Hollerweger
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AbstractIn Brazil, an increasing number of older people becoming indebted (Paraíso, Fernandes, 2019). There are different reasons for that, such as critical life events, low financial knowledge, aggressive marketing strategies performed by financial institutions, seduction of the consumer market and low income. (Doll et al., 2021). Due to the Brazilian scenario, Federal Law nº 14.181/21, known as the Over-indebtedness Law, was created. It enables reconciliation through debt renegotiation before the Courts guaranteeing an existential minimum (Bertoncello, 2015). Although there are a few financial education initiatives, fewer are suitable for older people (Doll, Hollerweger, 2021). Considering the potential of digital technologies for financial education (Hollerweger, 2018), a partnership between the School of Education of UFRGS, the Public Defender's Office of the State of Rio Grande do Sul and the Court of Law specialized in reconciliation has been developing a project to disseminate more information about financial issues using different digital technologies. The objective is to bring, through digital technologies, information in a clear, objective and accessible way to a mature and older population with low income and low schooling, in order to prevent indebtedness and to offer guidance for seeking support in cases of over-indebtedness.Keywords: indebtedness, financial education, digital information
J. Doll, L. Hollerweger (2022). Knowledge against indebtedness: Financial education mediated by digital technologies. Gerontechnology, 21(s),1-1
https://doi.org/10.4017/gt.2022.21.s.584.opp4