Factors affecting the financial literacy of the population

Subject. This article discusses the issues of financial literacy of the population. Objectives. The article aims to reveal and supplement the factors affecting the financial literacy of the population. Methods. For the study, we used a review of domestic and foreign literature and analytical materials, and a statistical analysis. Results. Based on the analysis of the existing factors influencing financial literacy, the article supplements the existing classification of factors affecting the financial literacy of the population with two classification groups, namely by level of management and degree of influence on financial literacy. Conclusions. Gradual, step-by-step training in the basics of financial literacy is the easiest way to improve the level of financial literacy of the population. Identifying factors that affect financial literacy will help use the necessary tools for developing new skills. The proposal of new groups meets the requirements of a systematic approach and makes it possible to expand the classification due to those factors that are important for the population.