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Strategies of financial behavior of Russians: Concept, dynamics, factors
https://doi.org/10.32609/0042-8736-2021-10-71-88
Abstract
The article presents the justification of the methodology for studying the strategies of financial behavior of the population, the dynamics of their prevalence in Russia in the period 2009—2020, as well as the assessment of the influence of socio-demographic variables on the probability of having a financial strategy in the household. The analysis of the data obtained from “Monitoring of the financial behavior of the population” for 2009—2020 has demonstrated that the financial planning horizon of the majority of Russians does not exceed one year, about 50% of Russians have long-term financial goals, and about 30% have strategies to achieve them. A positive relationship has been revealed with a number of socio-demographic characteristics that fit into the logic of the life cycle: age, presence of children, higher education and income.
Keywords
financial strategies,
financial behavior strategies,
financial behavior,
financial literacy,
credit,
savings,
financial culture,
financial skills
JEL: G51, G53
About the Authors
O. E. KuzinaD. V. Moiseeva
http://www.vstu.ru/university/personalii/moiseeva_darya_viktorovna/
HSE University; Volgograd State Technical University
Russian Federation
HSE University; Volgograd State Technical University
Russian Federation
Darya V. Moiseeva
Moscow, Volgograd
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For citations:
Kuzina O.E., Moiseeva D.V. Strategies of financial behavior of Russians: Concept, dynamics, factors. Voprosy Ekonomiki. 2021;(10):71-88. (In Russ.) https://doi.org/10.32609/0042-8736-2021-10-71-88
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