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It is observed that the factors resulting from the exploratory factor analysis are: (1) planning and financial goals to 1-2 years, (2) long-term savings and (3) the taste for numerical calculation. We analyse the statistically significant differences between means regarding gender, school education, the existence of household budgets and age. It is concluded that it is important to obtain some financial training at the beginning and throughout life, to better be able to make the financial family planning, to make applications with better return and to reduce the financial risk of the family. It is concluded that the closer to the retirement age, the more people tend to save, since during retirement income usually decreases.<\/jats:p>","DOI":"10.2478\/sbe-2022-0037","type":"journal-article","created":{"date-parts":[[2022,10,9]],"date-time":"2022-10-09T02:46:53Z","timestamp":1665283613000},"page":"252-269","source":"Crossref","is-referenced-by-count":10,"title":["Financial Literacy: An Exploratory Analysis in Portugal"],"prefix":"10.2478","volume":"17","author":[{"given":"Fernando Oliveira","family":"Tavares","sequence":"first","affiliation":[{"name":"ISCET - Higher Institute of Business and Tourism"}]},{"given":"Lu\u00eds Gomes","family":"Almeida","sequence":"additional","affiliation":[{"name":"ISCET - Higher Institute of Business and Tourism"}]},{"given":"Vasco Jorge","family":"Soares","sequence":"additional","affiliation":[{"name":"ISVOUGA - Higher Institute of Between Douro and Vouga"}]},{"given":"Vasco Capela","family":"Tavares","sequence":"additional","affiliation":[{"name":"ISEG-UL - Lisbon School of Economics & Management , University of Lisbon"}]}],"member":"374","published-online":{"date-parts":[[2022,10,8]]},"reference":[{"key":"2026042916255439496_j_sbe-2022-0037_ref_001","doi-asserted-by":"crossref","unstructured":"Abreu, M., Mendes, V. 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