GEORG SIMMEL'S PHILOSOPHY OF MONEY, A THEORETICAL FOUNDATION FOR FINANCIAL EDUCATION AND INCLUSION

This paper analyzes the contribution of Georg Simmel's theory in The Philosophy of Money to
financial education and economic inclusion, demonstrating its relevance in the contemporary
context. Simmel explores money not only as an economic tool, but also as a social, psychological
and cultural phenomenon, influencing inter-human relations, economic structures and
perceptions of value. The paper highlights how his concepts of value, exchange, trust and
deferred gratification provide a fundamental theoretical framework for the development of
modern financial literacy. The relationship between desire and subjective value is central to
understanding individual and collective economic behaviour.
Even though it was written in 1900, the work also anticipates the implications of technology on
the perception of value and money management, predicting modern trends such as the
digitization of payments, behavioral economics, and the impact of trust on the financial system.
Another aspect addressed is the interplay between money and freedom, analyzing both the
autonomy that money can provide and the limitations imposed by economic dependence. It
also explores economic inequality and the role of financial education in reducing social
disparities.
In conclusion, the study reaffirms the importance of Simmel's work in understanding financial
education and economic inclusion, providing an interdisciplinary perspective on the social and
economic impact of money. His concepts can be applied in modern financial education
programs to improve access to resources and support the development of a more economically
equitable society.