Financially literate people are people who have a sufficient level of knowledge and skills in the field of managing money. It allows you to give correct assessments of the situation and make appropriate decisions. Consider the basics financial literacy population in this article.

Financial literacy of the population: problems and prospects

Financial literacy includes the ability of citizens to manage their own. They are aware of the responsibility for the decisions they make. Such knowledge can be mastered without much difficulty. Basic information on the topic "fundamentals of financial literacy" is available in the specialized literature. Lectures and seminars are held. How to take the first steps, as well as what is the importance of financial literacy, we will consider further.

Decree of the Government of the Russian Federation of September 25, 2017 No. 2039-r On the approval of the Strategy for improving financial literacy in the Russian Federation for 2017-2023

The appearance of this government document aims to consider that the relevance of the development of financial literacy among the population takes place. This is especially important internationally. The factors that serve as the basis for the emergence of the strategy are:

• the possibility of crises;
• complication of financial products;
• discrepancy between the knowledge of the population and the dynamics of the market;
• ensuring universal access to information.

The Order sets out the state of the level of financial literacy and sets the goals of the strategy. It also indicates directions for the implementation of tasks.

The impact of financial literacy on the level of material well-being

Raising the level of financial literacy of the population is facilitated by familiarity with the main monetary concepts skills to apply them in life. Criteria for assessing financial literacy suggest that a person who properly manages his funds:

• does not allow large debts;
• plans;
• makes savings.

Financial literacy refers to the ability of people to navigate financial products, no matter how complex they may be. They consciously acquire them. Citizens with skills and theoretical knowledge can correctly apply insurance and accumulation tools. The government promotes the level of financial literacy of the population.

Informing the public about financial literacy issues and ways to protect the rights of consumers of financial services

Most residents of the Russian Federation manage money according to recommendations, and not by analyzing the available information. Financial literacy training is also required in terms of consumer rights when using monetary products. Many do not know how to protect them, they need assistance to improve the level of financial literacy of the population.

So families should be informed by banks about effective rates on loans. And also about the availability of protection from the state in case of loss of money in investment funds. At the same time, about 30% of the population believes that the state will compensate for the losses incurred due to the lack of their personal responsibility. All these aspects require improving the financial literacy of the population.

The work of the financial literacy program

Financial literacy of the population and its level is reflected in the economy of the state. The insufficiency of this sphere entails negative consequences for society. Why financial literacy is needed, shows a decrease in the risks of non-payment of loans, the number of cases of fraud, dishonesty.

Methodological support for improving financial literacy

There are websites on the Internet designed to improve the financial literacy of the population.

• Finagram answers a lot of questions on economics. The Banking Association of the Russian Federation also formed Fingram TV, where they teach money literacy from scratch.
• The Visa payment system has created the ABC of Finance project for the population of the Russian Federation.
• Banki.ru - largest resource RF from the sphere of the banking system. There is a section "Banking Glossary" with an explanation of terms and recommendations.
• Methodical materials on financial literacy is also available on the City of Finance portal, formed under the federal program.

Cooperation with financial institutions

The relationship with the banking system in practice also implements the basics of financial literacy. Such organizations are very interested in clients who serve themselves, and also recommend it to their friends. Under such circumstances, they are partners with people making savings.

Priority target populations

It is believed that the financial literacy of the population in the Russian Federation is low in terms of level. Not many people can navigate in money, services. Criteria for assessing financial literacy were derived on the basis of monitoring. The results show that not everyone understands the principles of deposit insurance, uses bank cards. Only 11% have clear ideas about how to secure their old age.

Government Decree No. 2039-r dated September 25, 2017 indicates the strategy for improving financial literacy. The target groups are:

• development potential of the Russian Federation;
• average income and below, risk group;
• retirement age and people who find it difficult to improve financial literacy for health reasons.

Financial Literacy Courses

The financial literacy of young people and persons of any other age can be improved in courses conducted in a paid and free form. Such events are organized at universities and through private initiatives, educational and methodological programs. The Internet provides a variety of resources on the topic: the basics of financial literacy:

• introduction to seminars;
• attending lectures online;
• training to acquire the necessary skills, teaching them;
• courses, video tutorials:
• other .

Classes on the Internet are often conducted in such a way that a person does not need to leave home. Almost everyone has the opportunity to master the basic rules of financial literacy.

Formation of financial literacy of schoolchildren in the course of studying Russian literature

Is it possible to obtain the required information in literary works? Most likely yes. Some books contain in their plots a description of the right habits in relation to money. As well as methods to increase financial ingenuity and experience in the successful disposal of funds.

Preparing citizens for life in old age

The federal program includes the development of strategies that will improve the financial literacy of people of retirement and pre-retirement age. Thus, in the Government Decree on the strategy, low awareness of the population about the protection of rights under social benefits was noted. Tasks include:

• formation of competent behavior in people;
• the importance of financial literacy - developing the ability of citizens to plan their funds;
• formation of mechanisms of interaction with the state.

The meaning and necessity of financial literacy for a modern person

A financially literate person is distinguished by the fact that he is not inclined to make rash decisions that can have a deplorable effect on well-being. He is usually in writing, for which he sometimes uses programs. The basics of economic literacy presuppose the obligatory presence of the ability for such control.

At the same time, the disposal of cash brings benefits, not losses.

It is possible not only to stabilize the level of one's well-being, but also to increase it. From this we can conclude: not so much those who have large earnings are called successful, but those who consciously spend. Such people usually make the right investments.

What financial literacy skills should everyone have?

You can specify the following signs the presence or absence of literacy in the management of their income.

• The illiterate can acquire the worthless loan product imposed on him spontaneously. Such people participate in the pyramids. A sign of literacy is to realize your capabilities and refrain from reckless scams.
• The illiterate do not get the effect of profit from their investments, they can make a mistake when choosing pension funds. At this time, it is more correct to find the right economic information.
• A person may not see his advantages in the market. But if you invest carefully, you will need a list of all the options that you should certainly explore.

The negative result is a decrease. But a competent person finds means to put them aside in case of unforeseen circumstances. Everyone needs to accumulate. For illiteracy will have a detrimental effect on future life in the form of consequences.

Reading special literature on the basics and principles of financial literacy

You can acquire the knowledge of an economically literate person by reading books containing the necessary information. For example, "How to be always with money" P. Bagryantsev contains a series practical advice that are not spoken about in regular schools. The author shares personal experience their financial achievements.

It will not be difficult to choose a teaching method from the many offered. The main rules of financial literacy, as well as various subtleties in relation to money, can be comprehended in the following sources.

• Works on economics.
• E-books about the secrets of financial psychology and similar topics.

Sources of books on acquiring financial literacy for modern living standards - stores and the Internet. The most popular book by R. Kiyosaki contributes to learning "Rich dad, poor dad". It deals with the application of the concepts of assets and liabilities. The former bring money, rich people acquire it. The second only spends money.

Successful millionaires contribute to raising the level of financial awareness of people, for which they provide recommendations, advice, share experience in the form of exact numbers. Another popular book that raises the level of financial literacy is written by B. Schaeffer. Its name - "The Path to Financial Freedom". The content includes a description of undertakings in business, investments and monetary relationships, the rules for managing funds.

Attending seminars, courses and webinars to improve financial literacy

R. Kiyosaki's training "Rich Dad, Poor Dad" is recommended for all beginners to master economic and financial literacy. After reviewing this course, you can learn to look at money differently, as a wealthy person sees it. R. Kiyosaki's statement is that this literacy factor includes the following.

• Acquaintance with tax code at the level of understanding.
• Knowledge of accounting theory and practice.
• Elementary Compilation Skill.
• Acquired concept of what money is and how to manage it.

You can learn from R. Kiyosaki in just a few weeks. A successful student is able not only to increase the level of financial literacy, but also to improve the acquired skills in practice. Many practically rest with the help of economic games provided by the Internet.

Develop good financial habits

The basic rules of financial literacy are not limited to the fact that a person saves money from every earnings. It is also necessary:

• to master the basics of macro - and microeconomics;
• have an idea about credit institutions;
• be able to put in front of you, as well as fulfill them.

Such foundations of personal economic development are applicable as criteria for assessing financial literacy. The following methods will help you develop good habits.

• Personal control Money, the use of auxiliary programs.
• Eliminate costs that don't make sense.
• Allocation of basic expenses ( communal payments, food), organizing the distribution of funds.
• Postponement 10%.
• Allocating part of your own for investment, increasing funds.
• Strategy for increasing financial literacy, improving skills.
• Acquaintance with changes in the legislation of the Russian Federation.
• Taking into account the provision of one's old age.

Relevance is the correct investment of funds. An example is the creation of a passive contribution that brings benefits, but is not related to the main activity. A feature is the formation of several sources to ensure it, which reduces the risk of monetary losses.

Promotion is also the practical application of acquired skills and knowledge. At the same time, it is not necessary to significantly change your own, quit your job. Additional income you can have without going to formal business. Namely, on assets, to distribute money correctly. In this case, the main income will not be lost.

Everyone is obliged to learn the truth that it is a person who manages money, and not they manage it. Personal economic development is hampered by senseless acquisitions, making an imaginary status, spending. In this case, the likelihood of achieving prosperity is reduced.

Grishakina Olga Petrovna,

Head of the Chekhov branch of the National Assembly "Integration",

teacher of economics, MBOU gymnasium No. 7 in Chekhov,

head of RMO teachers of economics

Chekhovsky district, Moscow region

The project "Promotion of increasing the level of financial literacy of the population and the development of financial education in Russian Federation» implemented by the Ministry of Finance of the Russian Federation jointly with by the World Bank, with the support of the Ministry of Education and Science of the Russian Federation, leading Russian banks. His ideas arose in 2011, the project is designed initially until VI 2016, extended until 2018.

Project Goal is to increase financial literacy Russian citizens(especially students of schools and higher educational institutions, as well as the adult population with low and middle income levels), promoting the formation of reasonable financial behavior among Russian citizens, informed decisions and a responsible attitude to personal finances, increasing efficiency in the field of consumer protection financial services.

• Finance is a system economic relations that arise between business entities, between the population and the state as a result of the use of money.
• Financial literacy is understood as the totality of knowledge and practical skills of a person to understand situations related to monetary issues, budget, financial markets, their instruments (deposits, payment and credit cards, etc.), products and services, the work of banks, tax system; skills in making financial decisions and responsibility for them, taking care of their economic well-being.

The main objectives of the Project:
1. Based on an assessment of the level of financial literacy of the population and the effects of piloted programs, develop and begin implementing a medium-term national strategy improving the financial literacy of the population;
2. Create sustainable institutional mechanisms for the implementation of financial literacy programs at the federal and regional levels with the participation of executive authorities, educational institutions, non-governmental organizations, and the financial sector;
3. Create human resources in the implementation of financial literacy programs at the federal and regional levels;
4. Develop, test and disseminate educational programs and tools to improve financial literacy, using the institutions and channels of both formal and non-formal education for schoolchildren, students and adults;
5. Create a system of effective and accessible information resources in the field of financial literacy and protection of the rights of consumers of financial services, conduct a large-scale information campaign; develop, test and distribute a wide range of information materials on the protection of the rights of financial consumers;
6. Support on a competitive basis a wide range of bottom-up initiatives aimed at improving financial literacy, developing financial education and improving the protection of the rights of consumers of financial services;
7. Provide capacity building for authorities government controlled and the non-state sector in the field of consumer protection in the field of financial services, including staff development, improving the state of affairs with the disclosure and accessible presentation of information by participants financial markets and interaction with private sector organizations;
8. Conduct a comprehensive large-scale assessment and organize monitoring of the level of financial literacy and financial behavior of the population.

Main components of the project

1. Development of a financial literacy strategy, monitoring and evaluation of the level of financial literacy and consumer protection.
2. Capacity building in the field of financial literacy, including:

• Training and organization of seminars and open discussions for national expert groups, as well as for teachers and educators at different levels of the education system and non-formal education, expanding human resources in the field of improving financial literacy;
• Creation of an information and educational portal on financial literacy and consumer protection;
• Implementation of a regional program for the development of financial literacy in the Pilot and other regions, which provides for: the creation of Regional Financial Literacy Centers; development and testing of educational programs and materials on financial literacy; implementation of these training programs, monitoring and evaluation of the above activities; conducting information campaigns;
• Support for the preparation of follow-up activities in the areas of financial literacy and consumer protection.

3. Development and implementation of educational programs and information campaigns to improve financial literacy, including:

• Development and implementation of educational programs to improve financial literacy.
• Development and implementation of information campaigns to improve financial literacy: definition of the campaign concept, development of materials and campaign tools, implementation of training programs for journalists.
• Implementation of Subprojects aimed at improving financial literacy, including support for a number of financial literacy initiatives carried out by representatives of the private and public sectors, non-governmental and non-profit organizations and professional associations

4. Improving the protection of the rights of consumers of financial services, including:

• Development and implementation of a plan to strengthen the capacity of Rospotrebnadzor in the field of protecting the rights of consumers of financial services.
• Implementation of Subprojects aimed at improving financial literacy by supporting a number of financial consumer protection initiatives, including initiatives to provide legal advice and information to consumers by representatives of the private and public sectors, non-governmental and non-profit organizations and professional associations
• Assistance in the creation of the institution of the financial ombudsman, as well as in the improvement of the system of independent monitoring in the field of consumer protection. The project is initially designed for 5 years until June 2016, has a national scale. The amount of financing is $113 million. The action has been extended until 2018.

General management of the Project.

Executor and Chief Executive budget funds under the Project is the Ministry of Finance of the Russian Federation (Minfin of Russia). The project is being implemented in cooperation with Rospotrebnadzor, the Bank of Russia, the Ministry of Education and Science and the Ministry of Economic Development of Russia and other departments and organizations. Expert support of the Project is provided by the Expert Council. The functions of coordinating the current work on the preparation and implementation of the Project are performed by the Working Group of the Ministry of Finance of Russia. Chairman working group is also the Project Director.

There are several options for participating in the Project:

• you can familiarize yourself with the list of Project contracts planned for implementation in the near future, in respect of which invitations to expressions of interest (procurement announcements) are posted on the IDF website http://fer.ru/fefl/procnotices.htm;
• if among them there are interesting for your company or for you personally as an individual consultant, submit expressions of interest describing your experience and opportunities for implementing this contract (all contact details and essential information about specific contracts are contained in the relevant invitations)

With complete list all contracts of the Project - both already implemented, current and planned for the future - can also be found on the FRP website by studying the Project Procurement Plan: http://fer.ru/fefl/procplan.htm;

• if you are engaged in activities in the field of financial literacy or consumer protection of financial services, but among the Project contracts there was not one that would meet your interests and the characteristics of your work, you can apply for funding for such work under the Project Good Ideas Fund – a special mechanism for competitive selection and support of local initiatives on the subject of the Project: www.goodideasfund.ru.

Project contacts:

• Ilyina E.S. - Chief Specialist-Expert of the Division for International Development Assistance of the Department of International financial relations Ministry of Finance of the Russian Federation. Tel. 8-495-913-47-01 Fax 8-495-913-43-15 E-mail:

• Zelentsova A.V. – Head of the Group of project consultants. Tel. 8-915-480-02-80 E-mail: This adress Email protected from spambots. You must have JavaScript enabled to view.

• http://goodideasfund.ru/konkurs/ The Good Ideas Fund is a competitive selection of financial literacy initiatives. Funding initiatives up to $200,000 for legal entities and up to $50,000 for individuals and IP http://goodideasfund.ru/kontakty/ contacts for the competition

The publication was prepared as part of a joint project of the Ministry of Finance of the Russian Federation and World Bank"Assistance in improving the level of financial literacy of the population and the development of financial education in the Russian Federation."

In the context of the global financial crisis, even Western economists and public figures are raising the issue of the need to improve the financial literacy of the population and improve financial preparation at school. For our country, this issue is much more relevant due to the fact that Russian citizens have practically no experience of living in conditions market economy. As a result, many families do not know how to rationally manage their income and savings, to correctly assess possible risks in the financial markets, often become victims of financial scammers.

Therefore, a special educational and methodological complex (TMC) was developed, which includes the following elements:

• training program,
• materials for students in the main programs of vocational training,
• methodological recommendations for the teacher,
• control measuring materials(KIMs),
• materials for parents.

The Financial Literacy course for this educational level is based on the learning-by-doing methodology. This allows you to give students not only basic knowledge of a financial nature, but also the skills of competent financial behavior.

Financial Literacy: A Curriculum. Professional education

The curriculum is focused on a competency-based approach to learning and active learning and cognitive activity of students. The program provides for the acquisition of not only basic knowledge in financial sector(subject results), but also a certain set of skills, competencies, personal characteristics and attitudes (meta-subject and personal results) in accordance with the Federal State Educational Standard.

Curriculum (PDF, 297 Kb)

Financial literacy: materials for students. Professional education

As a result of studying the course, students will learn how to draw up a family budget and carry out financial planning in the family, spend money rationally and make savings; what is the essence of insurance protection and the principles of functioning of the pension system; what does it mean to use bank loans and contributions; how to protect yourself from financial risks and prepare to start your own business.

Student Resources (PDF, 112.63 Mb)

Financial literacy: guidelines for the teacher. Professional education

The main advantage and distinctive feature of the methodological recommendations for this course is that they are based on a system-activity approach to learning, which provides an active educational and cognitive position of students. The manual will help the teacher in developing the necessary skills, competencies in the financial sector, personal characteristics and attitudes in students. It describes in detail the simulators - tasks, exercises, practical tasks with parents, essays, cases. Recommendations are given for conducting evaluation procedures, team games, discussions, quizzes, etc.

Guidelines for Teachers (PDF, 2.34 Mb)

Financial literacy: materials for parents. Professional education

(PDF, 1.24 Mb)

Financial literacy: control measuring materials. Professional education

Control measuring materials are a collection of tasks for all topics of the course. The materials contain tasks, open questions, tests where you need to choose one correct answer from several proposed ones, and tasks with many correct answers. The teacher can use these tasks in the preparation of control and test papers. All tasks in KIMs are grouped in pairs - two tests or two tasks dedicated to the same problem.

Improving the financial literacy of the population: international experience and Russian practice Bliskavka Evgenia Alexandrovna

3.8. Examples of regional financial literacy programs

3.8.1. Volgograd region

Since December 14, 2010, the Decree of the Administration of the Volgograd Region “On the long-term regional target program “Improving the level of financial literacy of the population and developing financial education in the Volgograd Region” for 2011–2015” has been in force.

The main goal of the program implementation is to form reasonable financial behavior among citizens in making informed decisions in relation to personal finances and to increase the effectiveness of protecting their rights as consumers of financial services. The Administration of the Volgograd Region assumed the functions of developing a program of measures to increase the FG and organizing the selection of performers of specific work within their framework. Financing of the program activities is carried out at the expense of the regional budget allocated to the executive authorities of the Volgograd region.

When preparing and holding events, special attention is paid to the following categories of citizens: young people planning to start a family; citizens in need of loans; citizens facing serious financial problems, including the unemployed; pensioners; military personnel.

Awareness-raising campaign at the regional level involves all types of media mass media. The concept of thematic content of television commercials for their production and systematic broadcast on the air has been developed. The concept provides for the preparation of five videos on the most significant problems in the field of financial literacy. The rotation of commercials is expected throughout 2011.

The publication and distribution of information brochures and booklets for the population on various aspects of financial literacy has been organized (Fig. 3.2).

It is planned to develop centers for consulting and educating citizens in the field of improving financial literacy on the basis of the existing infrastructure: the Volgograd regional business incubator; Volgograd State Training Center; multifunctional centers for the provision of state and municipal services in the Volgograd region (MFC).

Information support of the program to increase the FG of the Volgograd region

The state autonomous institution "Volgograd Regional Business Incubator" plans to train entrepreneurs in the form of short courses, in the form of workshops, including the transfer of theoretical data, analysis of practical situations and tasks, discussion of emerging issues in the field of compensation for the costs of maintaining entrepreneurial activity, interaction with banks and microfinance organizations, changes in the payment of contributions to off-budget funds, attracting investments for business development, etc.

Based on the state autonomous institution"Volgograd State Training and Course Combine" created a Center for consulting and educating citizens in the field of financial literacy in the housing and communal sector, an educational project "Financial ABC for citizens in the housing and communal sector" was developed. A series of information brochures has been prepared and issued (Fig. 3.3):

Publications of the series "Financial ABC for citizens in the housing sector in the Volgograd region"

Employees of the institution are working to place in institutions of the system of social protection of the population information materials and thematic videos to increase the FG of the population and protect consumer rights.

Today, there are 44 state institutions of social protection of the population and 101 state institutions of social services for the population in the territory of the Volgograd region, in which it is planned to distribute these information brochures, booklets, and collections.

It is planned to create Centers for financial consulting and education of citizens on the basis of multifunctional centers for the provision of state and municipal services. 13 MFCs have been established in eight urban districts and municipal districts of the Volgograd Region. The opening of the MFC in each municipal area Volgograd region is planned until the end of 2012.

In the educational process of educational institutions, institutions of primary and secondary vocational education in the Volgograd region in the 2010-2011 academic year, financial education programs are used, textbooks, teaching aids and electronic resources, including "Finance", " Money circulation and credit”, “Taxes and taxation”. It is planned to hold competitions on FG issues among institutions of higher and secondary vocational education, general education schools. Based on the results of the competitions, grants will be provided.