The article deals with the aspects of populations’ financial literacy. It contains the results of the saving behavior and financial literacy monitoring survey conducted in the Vologda Oblast. It is proved that financial literacy of the region’s population is at low level and its main problems are revealed. On the basis of the results received by analyzing surveys and experience in other countries and regions, measures aimed at improving the financial literacy level among the Vologda Oblast population are proposed
Keywords
incomes, human capital, financial literacy, saving behavior, insurance