(1550) FINANCIAL EDUCATION: A STUDY ON CREDIT CARDS USE AND COMPULSIVE BUYING AMONG COLLEGE STUDENTS

摘要

For many decades, Brazil suffered from strong inflationary crisis and devaluation of its currency.During that period, Brazilian consumers created a short-term spending culture, using the moments ofdevalued currency to shop without thinking about saving and long-term investments. With the inflationcontrol from the 90s on, savings and long-term investments regained importance for the population,which sought to ensure a better future. However, along with the economic stabilization, creditavailability has increased, and it can be perceived in how easy it is to acquire credit cards and loans.As a result, Brazilians debt levels have grown over time. Along with that, debates about a greater needfor financial education among the population gained strength. Thus, a survey of 211 students ofundergraduate courses in Business Administration and Accounting from a Brazilian university wasapplied in order to find out how students deal with the use of credit card and its relationship withcompulsive shopping. The students Financial Literacy level was also sought. The first contact withcredit cards can occur during college, when young people are starting adult life and gainingindependence. Researches related to financial education and money use are relevant today, beingjustified by the statistics regarding household debt and credit cards that people own. The resultsachieved in this research can contribute to the debates on how to insert topics related to financialeducation in the courses curricula.