Bibliometric analysis of studies in financial education and sustainability

Abstract

Given the increasing financialization of human life, people need to be increasingly able to manage money as a resource. Personal finance management transcends economic issues and can be discussed from the sustainability perspective in three pillars. The field of research in financial education and sustainability is remarkably recent, bringing the need to analyze the research trajectory in the area. This research is a bibliometric analysis, supported by the software VOSviewer and CitNetExplorer, and explored the course of studies in financial education and sustainability in terms of productivity by year, authors, periodicals, institutions, notable works, and words key. The main results found were that since 2011 there had been an exponential growth in publications in the area, with the United States being the country that contributed most to the field. The main research titles are related to the didactics of financial education, and the themes are more related to the social and economic spheres of sustainability. Even when composing one of the search filters in the portfolio, sustainability is still an incipient aspect when working in financial education, especially in the environmental sphere. All of this brings the need to understand the relationship between personal finance management and sustainability fully.

Behavioral economics in U.S. financial literacy programs: A comprehensive review - Evaluating the role of psychology-driven strategies in enhancing understanding and responsible financial behaviors among citizens

“…The study reveals that the main research themes are related to the didactics of financial education, with a focus on social and economic aspects of sustainability. The findings suggest that technology plays a critical role in advancing financial education, especially in incorporating sustainability into personal finance management (Couto et al, 2022). Cude (2021) offers an overview of financial literacy and education in the U.S., discussing the country's demographic and economic characteristics and the role of technology in financial education.…”

Financial Education and Sustainability: A Conceptual Framework

“…A alfabetização financeira, decorrente da internalização de elementos da educação financeira, é considerada uma habilidade essencial para a vida adulta, dada a conjuntura social, política e econômica contemporânea (Huston, 2010;Potrich, Vieira, & Kirch, 2015). O tópico vem ganhando relevância na comunidade científica, evidenciado através do crescimento exponencial das produções científicas nas últimas décadas (López-Medina et al, 2021;Couto, Maracajá & Machado, 2022).…”