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WORLD EXPERIENCE OF PROJECTS IMPLEMENTATION IN THE FIELD OF FINANCIAL EDUCATION AND INCREASE OF FINANCIAL LITERACY OF THE POPULATION // Tomsk State Pedagogical University Bulletin. 2015. Issue 5 (158). P. 35-41

The state and private initiatives directed to the increase of financial literacy of citizens are being solved in different ways in many countries. For Russia an appeal to the international experience in improving financial literacy is very topical. The greatest interest represents foreign experience of those countries in which programs on financial literacy have proved the efficiency. The information-educational products directed to the increase of financial literacy of the population, are considered on an example of the USA and Poland, having interesting approaches and methodical materials. In the USA the projects and programs directed to increase of level of financial literacy of the population, are financed basically by a private sector with support of the state and public initiatives. Financial education in the USA is based on partnership of the organisations of all patterns of ownership and all levels of the power. In Poland state financing of such programs prevails. And the Central bank of the country is their initiator. Educational programs are constructed on the private-state partnership with consolidated financing of events for financial literacy. World experience is useful to Russia from the point of view of the organizational aspects, use of various techniques and educational resources.

Keywords: world experience of financial formation, financial literacy, educational programs and projects, educational materials

TARGET REFERENCE POINTS AND POSITIVE EFFECTS OF INCREASE OF FINANCIAL LITERACY LEVEL OF THE POPULATION // Tomsk State Pedagogical University Bulletin. 2015. Issue 5 (158). P. 69-74

The aricle presents various approaches in understanding of financial literacy both in Russian and in world practice. Gives the essence of concept “financial literacy” in author's understanding. Financial well-being of the population in the conditions of the market is determined by the quality of management of the personal finance, thereby, forming the shape of national economy. At each stage of life cycle of the individual or a family there are concrete financial requirements. Hence, a sufficiently high level of financial literacy will help to be guided with a forthcoming choice of reality situations. Increase of level of financial literacy has a number of positive consequences for the state, business, households and economy as a whole, promoting prevention of social and economic mobility and closedness from the financial market.

Keywords: financial literacy, financial competence, components of financial literacy, financial well-being, financial behaviour, financial products