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Tag " financial literacy"

HSE Researchers: Young Russians Have Sufficient Knowledge About Money but Lack Money Management Skills

HSE Researchers: Young Russians Have Sufficient Knowledge About Money but Lack Money Management Skills
Adolescents and young adults in Russia today are well versed in financial terminology: they know what bank cards, loans, interest rates, and online payments are. However, as researchers at HSE University have found, real money-management skills remain poorly developed among most young people. The study ‘Financial Literacy, Financial Culture, and Financial Autonomy of Youth’ has been published in Monitoring of Public Opinion: Economic and Social Changes.