PERSONAL FINANCE MANAGEMENT: ASSESSMENT OF SOCIAL DEBT FOCUSED ON THE EMERGENCY AID PROGRAM DURING THE PANDEMIC

Abstract

This study constitutes a critical and sincere look at the service approaches and strategies provided by the departments that make up the national financial system, especially banks, aiming to demystify the way in which resources are managed in such a sensitive period and bring to light the importance of accounting in management of a non-diversifiable risk of such magnitude, the participation of this teaching ensured that many institutions remained firm and were able to distribute income in an efficient and timely manner, and people with their finances healthy, despite adversities, we will see the importance of correct management of personal resources in order to develop a dignified livelihood, despite such a delicate period. The main objective is to understand the financial impacts of the pandemic in this specific environment, exploring the dynamics of debt, its causes, consequences and possible mitigation strategies. By exploring the intersection between individual financial management and social programs, notably in times of imbalance, we seek to provide valuable clarity for public policies and financial management practices that can help address the economic challenges faced by vulnerable individuals and families during the pandemic.