The use of digital financial technologies in strategies to optimize the structure of household financial resources

DOI

10.2991/iscde-19.2019.11How to use a DOI?

Keywords

digital financial technologies, financial resources of households, financial literacy of the population, financial transactions

Abstract

The article presents the results of a study verifying the initial hypothesis that there is a direct effect of the level of financial literacy of the population on the use of digital financial instruments by households. The structure of household transactions by disposing of disposable income in dynamics (2013 and 2019) is shown; the results of a questionnaire analysis of a 1,608 respondents sample assessing the level of financial literacy and a survey on the structure of financial transactions; questions of questionnaires developed by the authors based on the methodology of the CB RF. It is concluded that more financially literate people tend to make greater use of digital financial technologies and services in transactions. The analysis is supplemented by a review of the results of assessing the level of financial literacy in the world's countries, Russia and the Sverdlovsk region. The purpose of the study is to analyze the influence of financial literacy in the widespread use of digital financial technologies in the formation of strategies for optimizing household resources based on an analysis of the results of a survey of a group of respondents. Main results: the authors substantiated the conclusion about the influence of the population level of financial literacy on the use of digital financial technologies and the formation of a strategy for optimizing household resources.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - E.A. Razumovskaya
AU  - D.Yu. Razumovskiy
AU  - K.V. Pletnev
PY  - 2019/12
DA  - 2019/12
TI  - The use of digital financial technologies in strategies to optimize the structure of household financial resources
BT  - Proceedings of the International Scientific and Practical Conference on Digital Economy (ISCDE 2019)
PB  - Atlantis Press
SP  - 719
EP  - 724
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscde-19.2019.11
DO  - 10.2991/iscde-19.2019.11
ID  - Razumovskaya2019/12
ER  -