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Peculiarities Of The Financial Behavior Of The Population In Georgia

Journal: Innovative Economics and Management (Vol.IV, No. 2)

Publication Date:

Authors : ;

Page : 124-137

Keywords : budgeting; active savings; pension self-confidence; financial goals; current account; loan liabilities; financial assets; debt burden; online loan.;

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The latest literary sources and the rich factual materials, consistently studied the behavior of financial features in Georgia. The methodological basis for the research is the 2015 manual of Financial Education and Financial Engagement Measurement developed by the Organization for Economic Cooperation and Development (OECD / INFE). It is important to note that the OECD / INFE's manual allows information to be collected and quantified by the determining level of financial behavior. The data collected in Georgia is included in the OECD / INFE's International Comparison Report 2016, which identifies the similarities and common challenges between countries and indicates a number of effective decisions. The article deals with the financial behavior of important issues, such as basic financial concepts, knowledge and real-life application of skills, personal and household financial management, financial goals and achieve them to take concrete steps, saving and budgeting, financial unexpected circumstances and the age of retirement readiness, borrow and Ali's management, financial products and other awareness and usage.

Last modified: 2018-05-21 16:10:33