Módulo 3: los jóvenes y el sistema financiero

Abstract

Globally, it has been shown that young people save informally, as it is unfortunate that the savings opportunities It is unfortunate that young people have few opportunities to save in the financial system, and even more so in the financial system are few, even more so in developing countries like ours (Colombia). in developing countries such as ours (Colombia). As a result, young people face young people face a number of barriers, many of them related to financial regulatory financial regulation policies, difficulties due to geographic access, the requirement to be accompanied by responsible adults in order to open a bank account or to make transactions, and the account or make transactions, and the financial service fees they are charged on products. products. It has been shown that low levels of financial literacy are related to low savings low levels of financial literacy have been shown to be related to low savings, less responsible loan responsible management of loans, frequent payment of credit card fees, and higher default rates during and higher rates of non-payment during times of crisis.