MECHANISMS FOR IMPROVING FINANCIAL LITERACY

Abstract

Today, increasing the level of financial literacy of the population is one of the issues of global importance. Economic experts of a number of international financial organizations are conducting research in various directions on various methodological approaches to assessing the level of financial literacy of the population. These studies focus on evaluating the ability of households, families and individuals to manage their financial resources and their effective decisions by assessing the level of financial literacy of the population. In addition, the impact of the level of financial literacy of the population on the standard of living of the population is also evaluated. In this case, the monetary characteristics of households, families or individuals are formed through monetary indicators.