Abstract

The increasing complexity of financial products and services requires a domain of information and knowledge in the financial area. This study explores the role of financial literacy in undergraduate students at a higher education institution in Portugal. A sample of 196 undergraduate students enrolled in six courses in the fields of engineering and social sciences was considered. The results reveal that the level of knowledge about financial literacy is quite heterogeneous. Formal and informal channels tend to coexist when they perform a financial decision. Furthermore, the findings indicate that the awareness of cryptocurrencies is high, while the adherence to digital platforms for the acquisition of these currencies remains low.

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