Financially competent behavior of Russians under the conditions of sanctions pressure: rates and indicators

The purpose of the study. The article discusses indicators and indicators that influence the formation of financially literate behavior based on the results of empirical research in terms of determining the types of financially literate behavior of the population of the Russian Federation under sanctions pressure, within the framework of research “Effective tools for the formation of financially literate behavior of the population under sanctions pressure”. At the same time, the paper notes that financial literacy and, as a result, financial behavior plays a significant role in the lives of both individuals and the whole society. The changes in the economic environment and technological progress are analyzed and it is emphasized that the possession of financial knowledge and skills is a prerequisite for successful functioning in the modern world. As various sociological studies and departmental statistics show, today Russia is facing the challenges of low financial literacy and risky financial behavior, which, in turn, affects the quality of life of the population and, in particular, their income level.

Conclusions. Based on the conducted research, indicators and indicators that determine the profiles of financial behavior of the population under the conditions of sanctions pressure have been identified. The author concludes that the skills that make it possible to effectively manage finances and make purposeful decisions are important not only for personal development, but also for the quality of life in changeable conditions. Financial literacy plays a huge role in modern conditions of development of society, especially during the sanctions pressure on the country. In the presence of sanctions, the economic situation becomes unstable, which requires special attention to its financial decisions.