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An analysis of the benefits of finanças para todos towards financial knowledge

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This study evaluates the effects of Finanças Para Todos (FpT), a financial education program in Portugal, on financial knowledge levels. Our evidence shows that FpT, on average, positively impacts participants’ levels of financial knowledge. The program is particularly effective for women, individuals with specific financial goals, and those who perceive their income as insufficient to cover their living expenses. Despite the positive impacts, limitations of our analysis include a need for a randomized control trial (RCT), an analysis of the program’s cost-effectiveness, and a more diverse sample to enhance external validity in the Portuguese context.

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Financial literacy Financial education Financial knowledge Finanças para todos Meta-analysis

Contexto Educativo

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Licença CC