THE ROLE OF FINANCIAL LITERACY IN ENSURING FINANCIAL SECURITY OF THE POPULATION

Abstract Financial literacy is an essential skill needed for financial security, personal well-being, economic growth and sustainable development. This article considers the significance of financial literacy in preventing fraud among the population. With the increasing number of financial crimes, especially in the digital space of Kazakhstan, the development of knowledge and skills in personal finance management becomes an urgent task. The results of the study confirm that systematic training in the basics of financial planning, development of critical thinking and the ability to identify signs of fraud play a key role in protecting citizens from financial losses.