Educaţia financiară, Incluziunea Financiară şi Gradul de Îndatorare în România: Rolul Sistemului Bancar

Financial Education, Financial Inclusion and Indebtedness in Romania: The Role of the Banking System

Drd. Isabelle OPREA

Drd. Daniela DUŢĂ

Drd. Liviu-Gelu DRAGHICI

Abstract:

The paper explores the relationship between financial education, financial inclusion, and household indebtedness in Romania, emphasizing the crucial role of the banking system. The research outlines how financial education directly influences individuals' financial decisions, such as setting financial goals, budgeting, and minimizing debt. In addition, it highlights the impact of financial literacy on financial well-being and the ability to avoid over-indebtedness. With Romania's financial inclusion rate being one of the lowest in the EU, the study examines the importance of accessible and transparent banking services for promoting financial stability. Furthermore, the paper discusses the legal framework governing...