Template-Type: ReDIF-Article 1.0
Author-Name: Stolyarova A. A.
Author-Email: astolyarova49@mail.ru
Author-Workplace-Name: Budget and Treasury Academy of the Ministry of Finance of the Russian Federation
Title: The Financial Literacy and the Financial Standing of the Individual Households and Individuals
Abstract: The article author systemically describes the key ways in which the financial literacy contributes to the improvement of the financial standing of the individual households and the individuals. The ability to use the available funds and resources wisely is a critically important factor that contributes to the under-funded individual households’ survival. Many examples taken from the descriptions of the international best practices as well as the Russian and overseas scholars’ research findings prove that there is a correlation between the level of financial literacy and the financial standing.
Classification-JEL:
Keywords: financial literacy, financial education, individuals, households, financial standing
Journal: Finansovyj žhurnal — Financial Journal
Pages: 159-166
Issue: 3
Year: 2010
Month: July
File-URL: http://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2010/3/statii/100316.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:100316:p:159-166