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2020 | OriginalPaper | Buchkapitel

18. Consumer Debt and Social Sustainability

verfasst von : Aldo Alvarez-Risco, Shyla Del-Aguila-Arcentales, Santiago Diaz-Risco, M. Chandra Sekar

Erschienen in: Building Sustainable Cities

Verlag: Springer International Publishing

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Abstract

Globally, the financial behavior of consumer is very relevant for companies, governments, and of course the consumers themselves. Major problem currently is the lack of sufficient knowledge among consumers about financial planning, known as financial literacy. Lack of such knowledge leads families and citizens to opt for wrong decisions that are financially expensive, resulting in increased debt load and depletion of retirement funds.

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Metadaten
Titel
Consumer Debt and Social Sustainability
verfasst von
Aldo Alvarez-Risco
Shyla Del-Aguila-Arcentales
Santiago Diaz-Risco
M. Chandra Sekar
Copyright-Jahr
2020
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-030-45533-0_18