Financial education in centennials: evidence from students of public and private educational institutions in the city of Loja, Ecuador

[摘要] Financial education is a process through which people obtain greater knowledge about financial products and services. The objective of this research is to measure the level of financial education of "centennials" in public and private educational institutions in the city of Loja. The methodology used is of an exploratory-descriptive type, for the collection of information a survey based on the PISA test was used, which was applied to 360 students from 11 institutions of the public and private system, aged between 14 and 18 years old. The results show that the financial knowledge of the students is located at level 4 according to the PISA performance levels and that men have greater financial knowledge in relation to women, so it is necessary to implement financial education programs that allow students to reduce risk and minimize errors in decision making by improving their basic financial knowledge.

[学科分类] 自然科学（综合）

[关键词] centennials;educación financiera;finanzas personales;instituciones educativascentennials;financial education;personal finance;educational institutions