The need to improve financial literacy of schoolchildren in the region

Volume 7 (2022), No. 1, pp. 57–67


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The article is devoted to the discussion of the problems of improving financial literacy of schoolchildren through the description of existing educational programs included in the system of additional education. In this context, the purpose of the article is to summarize the educational programs on financial literacy for schoolchildren carried out in the Vologda region. Special attention is paid in the article to the history of the emergence of «financial literacy», approaches to the definition of the concept of «financial literacy» and the first research. The results of international comparative studies of financial literacy among adults conducted by the Organization for Economic Cooperation and Development (OECD) and the International Network for Financial Education (INFE) are reviewed. The article also presents the results of a study on financial literacy of 15-year-old schoolchildren conducted by the International Program for the Assessment of Educational Achievements of Stu-dents (PISA) and students of the 10th academic class of the MOE «Secondary School No. 13» in Vologda. The review of the author’s elective course «Financial literacy for schoolchildren», implemented within the framework of the system of additional education on the basis of the Scientific and Educational Center of the Vologda Scientific Center of the Russian Academy of Sciences in the city of Vologda, is carried out. The materials of the article can be useful for both teachers of basic education and additional education, as well as researchers studying the problems of financial literacy of the population.


financial literacy, financial education, schoolchildren, research, scientific and educational center, elective course


Elena P. Roshko, Research engineer of the Department of Research on the impact of Integration processes in Science and Education on Territorial Development, Federal State Budgetary Institution of Science «Vologda Scientific Center of the Russian Academy of Sciences», Vologda, Russia.

For citation:

Roshko E.P. The need to improve financial literacy of schoolchildren in the region // Social competence. 2022. Vol. 7. No. 1. pp. 57-67.


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