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The article is devoted to analysis of gender characteristics when young people build their savings and investment strategies. The authors compare the results of two own sociological studies carried out jointly by: 1) scientists of the Institute of Socio-Economic Studies of Population of the FCTAS RAS and the Financial University; 2) scientists of the Institute of Socio-Economic Studies of Population of the FCTAS RAS and the Institute of Psychology of the Russian Academy of Sciences. A number of data related to the choice of savings and investment behaviors of Russians are considered on the results of a study by the NAFI Analytical Center. In the gender context are considered such important issues for the study of financial strategies as: the need and availability of savings; ways to manage finances (first save, then spend, or vice versa); the share of income directed to savings; the goals of savings formation; the ability to build a horizon for planning one's own expenses; types and purposes of investing money. There are identified differences in the strategies of young men and women: when making savings (with constant share of savings) — a greater randomness in women, a longer planning horizon and ability to distribute their income in men; when making investments: more conservative risk-free strategies by women than by men, a much larger gender gap in choosing an investment strategy in regions compared to the capital region, as well as in the motives for investing in the stock market. Conclusions are drawn about the importance of understanding the needs of young women in formation of their savings and investment strategies for development (by financial institutions and educational organizations) of the goals to raise the level of financial literacy of this category of the population.
The article is devoted to analysis of gender characteristics when young people build their savings and investment strategies. The authors compare the results of two own sociological studies carried out jointly by: 1) scientists of the Institute of Socio-Economic Studies of Population of the FCTAS RAS and the Financial University; 2) scientists of the Institute of Socio-Economic Studies of Population of the FCTAS RAS and the Institute of Psychology of the Russian Academy of Sciences. A number of data related to the choice of savings and investment behaviors of Russians are considered on the results of a study by the NAFI Analytical Center. In the gender context are considered such important issues for the study of financial strategies as: the need and availability of savings; ways to manage finances (first save, then spend, or vice versa); the share of income directed to savings; the goals of savings formation; the ability to build a horizon for planning one's own expenses; types and purposes of investing money. There are identified differences in the strategies of young men and women: when making savings (with constant share of savings) — a greater randomness in women, a longer planning horizon and ability to distribute their income in men; when making investments: more conservative risk-free strategies by women than by men, a much larger gender gap in choosing an investment strategy in regions compared to the capital region, as well as in the motives for investing in the stock market. Conclusions are drawn about the importance of understanding the needs of young women in formation of their savings and investment strategies for development (by financial institutions and educational organizations) of the goals to raise the level of financial literacy of this category of the population.
The article is devoted to analysis of attitudes and ideas of young people about their own well-being and opportunities for implementation of financial behavior in the context of the prevailing socio-economic conditions, as well as a private assessment of these conditions and their prospects. The empirical basis of this work was the results obtained within the framework of two research projects, namely 1) research work within the framework of the State assignment for 2021 "Financial and economic culture as a parameter of the economic system: research methods and evaluation criteria" and 2) the author's sociological study "Economic culture of modern Russian youth", 2022. Youth, as the most creative and active part of society, is the driving force in the development of all spheres of society's life, and its attitude to the surrounding reality, in particular, to the socio-economic structure of our country, to the Russian elite, and the authorities sets the vector of transformational impact on both the State and society as a whole. The data obtained as a result of the conducted research reflect the negative assessments and young people's views on the future of the Russian economy and social sphere. In particular, this is expressed in low assessments of the actions of Russian elites and low trust in the State and state sources of information, that indirectly indicates that the respondents choose other sources of information for making economic decisions, and this can lead to new problems and risks associated with the quality of these sources, transformation of attitudes, values and behavior, including that in the financial market. This fact, first of all, serves as a signal to the State, which, according to the authors, should act as a conductor of all social processes in the country: economic, social, political, legal, spiritual and ideological, military, informational, environmental and others.
The article discusses the current aspects of the credit behavior of Russians, including changes in the volume of borrowings over the past 4 years, as well as the dynamics of indebtedness, including overdue loans. Based on the results of the author’s sociological research (two measurements — in 2022 and 2023), the features of active actions and attitudes of young people in the field of debt behavior are identified. The analysis showed strengthening of the vector on the willingness to involve this age group of the population in credit practices. There was carried out a comparison of the attitudes of young people regarding the conditions under which evasion of obligations to repay debts is justified: 1) debts to credit institutions; 2) to relatives and acquaintances. The views of Russian youth on the censure for such evasion practices in Russian society are examined. The survey results show that the presence of a loan agreement of respondents contributes to formation of a more responsible behavior regarding compliance with payment deadlines, in contrast to the situation of the absence of debt (only with the intention to enter into debt relations). The position of young people in relation to the violation of loan repayment terms is different in different groups: the youngest respondents (17–20 years old) see more reasons for the possibility of non-repayment of the loan. Among the reasons why it is permissible, in the opinion of young people, not to repay debts, the most compelling for respondents are the situations when the loan was issued by fraudsters without the consent of the person himself (67%), in case of serious health problems and the need to spend on treatment (38%), if the lender increased the interest on the loan unilaterally (34%), in case of job loss (26%). Credit risks typical not only for young people, but also for all age groups of Russians are highlighted: deterioration of the “credit quality” of borrowers and risks of breach of obligations (non-payment and violation of repayment terms) on loans due to a decrease in real income.
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