Current Aspects of the Impact on the Formation of Financially Literate Behavior of Russian Youth in the Context of Sanctions Pressure
( Pp. 155-160)

More about authors
Diaghilev Vasily V. Cand. Sci. (Hist.), Associate Professor; associate professor, Department of Sociology; leading researcher, Institute of Humanitarian Technologies and Social Engineering, Faculty of Social Sciences and Mass Communications
Financial University under the Government of the Russian Federation
Moscow, Russian Federation Danilova Milena R. intern researcher, Institute of Humanitarian Technologies and Social Engineering, Faculty of Social Sciences and Mass Communications; Financial University under the Government of the Russian Federation; Moscow, Russian Federation
Abstract:
The purpose of the study. Research of aspects of more literate behavior of young people in financial activities. The article examines the current aspects of the impact on the formation of financially literate behavior of Russian youth under the conditions of sanctions pressure. It is noted that in these conditions, the role of a sociologist is increasing in the need to provide various government structures with real information on various problems of society, and primarily in the financial sphere. The authors emphasize that “sustainable improvement of the quality and standard of living of citizens requires improving financial literacy and the formation of a financial culture, ensuring the financial well-being of citizens, their conscious use of financial products and services, reasonable financial decision-making, investment and risk management”. The work emphasizes that today the level of financial literacy and financial culture among young people is not at the proper level. At the same time, the financial culture of young people shows positive growth, and there are significant prospects for its further improvement. The article proposes a number of measures to improve the financial culture of young people, create a favorable environment for the development of optimal financial behavior of young people. Findings. The paper concludes that in order to form a full-fledged financially literate behavior of young people, it is necessary to develop not only financial literacy and financial culture, but also to contribute to the formation of a genuine value world in the process of personal socialization.
How to Cite:
Diaghilev V.V., Danilova M.R. Current Aspects of the Impact on the Formation of Financially Literate Behavior of Russian Youth in the Context of Sanctions Pressure. Sociopolitical Sciences. 2024. Vol. 14. No. 4. Pр. 155–160. (In Rus.). DOI: 10.33693/2223-0092-2024-14-4-155-160. EDN: PCATJA
Reference list:
Davydenko I.G. Gender component in personal finance management. Theory and Practice of Social Development. 2016. No. 12. Pp. 70–72. (In Rus.)
Drobysheva T.V. Economic socialization of the individual: A value approach. Moscow, 2020. 312 p.
Zemtsov A.A., Osipova T.Yu. Financial socialization within the framework of subject socialization of students. Problems of Accounting and Finance. 2017. No. 2 (26). Pp. 22–27. (In Rus.)
Kuzina O.E. Financial literacy and financial competence: Definition, methods of measurement and results of analysis in Russia. Questions of Economics. 2019. No. 8. Pp. 129–148. (In Rus.)
Sudakova A.E. Financial literacy: Theoretical understanding and practical research. Finance and Credit. 2017. No. 26 (746). Pp. 1563–1582. (In Rus.)
Yarasheva A.V., Novikov A.V., Nazarenko S.V. et al. Financial: Textbook. A.V. Novikova, A.V. Yarasheva (eds.). Moscow: Financial University, 2016. Pp. 54–225. (In Rus.)
Chen H., Volpe R.P. An analysis of personal financial literacy among college students. Financial Services Review. 1998. No. 7 (2). Pp. 107–128.
Keywords:
financially competent behavior, financial culture, investment potential of the country, financial savings (savings), mortgage lending, sanctions pressure, financial institutions, financial market.


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