Financial Education and its Impact on Decision Making in Business Management
This article discusses the influence of financial education on business decision-making. The lack of financial knowledge can lead to various difficulties, such as excessive debt, poor cost management, and liquidity problems, compromising the sustainability and growth of organizations. Methodologically, the study examined pertinent research on the subject using an exploratory and bibliographic method. According to the findings, people and organisations with higher financial literacy levels perform better, are more resilient to economic shocks, and are better equipped to deal with emergencies. It is concluded, therefore, that promoting financial education is essential for strengthening business sustainability and driving economic growth.
Authors
- Olívia Salgueiro Dava
- Agostinho Macane
Institutions
- Catholic University of Mozambique (MZ)
Publication Details
- Journal
- Journal of economics, business and commerce.
- Published
- 2025-04-19
- DOI
- https://doi.org/10.69739/jebc.v2i1.332
- Primary Topic
- Financial Literacy, Pension, Retirement Analysis
- Type
- article
- Field-Weighted Citation Impact
- 0.00