On the Issue of Forming Financial Literacy Skills of Young People
The modern reality, characterized by rapid changes, economic instability, and growing competition in almost all spheres of human activity, directly affects the strategies of economic behavior of the population, the choice of which is reflected in its level and quality of life. In this regard, there is an urgent question of the formation and development of skills in managing one's funds to make economically competent decisions when interacting with participants in financial and economic relations. The aim of this study is to identify the necessary skills for the implementation of financial literacy strategies by young people as an active and promising audience in terms of using a variety of financial instruments. This article presents a theoretical discourse, as well as the results of an expert survey, which allow us to identify the classification of the most relevant and important skills necessary to solve the designated problem, among which we can distinguish hard, soft, and meta-skills. The author considers financial literacy (technical and intellectual) to be among the hard skills; among the soft skills, the most in-demand in the field of personal finance management, are emotional intelligence, self-discipline, responsibility, continuous self-education, effective thinking, and information hygiene. Meta-skills are represented by self-knowledge and awareness of oneself and what a person translates outside. Certain conclusions and provisions of the article can serve as starting points for improving the development programs of the institutional and educational environment to form financially competent strategies.