Improving financial literacy of the children and teenagers in the Russian Federation

AutorAidar M. Tufetulov - Chulpan M. Shavaleyeva - Nadia M. Sabitova - Timur I.Abdreev
CargoKazan Federal University. e-mail: chulpan212@mail.ru. Tel.: 8(917)888-80-50
Páginas60-69
Periódico do Núcleo de Estudos e Pesquisas sobre Gênero e Direito
Centro de Ciências Jurídicas - Universidade Federal da Paraíba
V. 8 - Nº 06 - Ano 2019 – Special Edition
ISSN | 2179-7137 | http://periodicos.ufpb.br/ojs2/index.php/ged/index
60
IMPROVING FINANCIAL LITERACY OF THE CHILDREN AND
TEENAGERS IN THE RUSSIAN FEDERATION
Aidar M. Tufetulov1
Chulpan M. Shavaleyeva2
Nadia M. Sabitova3
Timur I.Abdreev4
Abstract: The issues of improving the
financial literacy of the population are
currently receiving a lot of attention both
at the international and national levels.
Of particular relevance are financial
literacy issues for the Russian
Federation. Due to the peculiarities of
the country's historical development, for
most citizens of Russia, issues of
personal financial planning, the
principles of the functioning of financial
markets, the possibility of investing
savings remain obscure, as a result of
this, the population can not fully use
modern financial products and services,
does not know their rights in the
financial market and unable to protect
them in accordance with the law. It
should be noted that the problem of a low
1 Kazan Federal University. e-mail:
chulpan212@mail.ru. Tel.: 8(917)888-80-50
2 Kazan Federal University. e-mail:
chulpan212@mail.ru. Tel.: 8(917)888-80-50
3 Kazan Federal University. e-mail:
chulpan212@mail.ru. Tel.: 8(917)888-80-50
4 Kazan Federal University. e-mail:
chulpan212@mail.ru. Tel.: 8(917)888-80-50
level of financial literacy of citizens is a
problem at the national level, since a low
level of financial literacy negatively
affects the personal well-being of
citizens, their financial potential, and
accordingly prevents the development of
the financial market, inhibiting
investment processes in the economy.
Under these conditions, increased
interest in issues of financial education
and financial literacy of citizens of the
Russian Federation is logical and, since
2011, the World Bank and the Ministry
of Finance of the Russian Federation
have actively implemented a project
“Promoting Improving the Level of
Financial Literacy of the Population and
Development of Financial Education in
the Russian Federation”. One of the most

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