System of Family Budgeting as a Methodological Basis for Personal Accounting and Guarantee for Growth of Financial Literacy of the Russians

Abstract

Under modern conditions of increased demand for the level of financial literacy of the economic subjects, together with an urgent problem of reduction of the level of real disposable income of the citizens

Personal Financial Security In Global Perspective

“…Block 1 -protection of the current level of financial well-being, which implies maintaining personal accounting for personal finances (for more details, one of the authors wrote in (Gorshkova, Mytareva, Perekrestova, Glushchenko, & Fisher, 2015); implementation of personal financial planning (one of the authors wrote about this in (Mytareva & Nikolaeva, 2014); Block 2 -protection of financial well-being in the medium term, which relies on actions in the first block and is complemented by actions to form a cushion of financial and insurance security as well as the formation of consumer and credit-loan strategies;…”