Abstract
The article is devoted to the review and analysis of financial literacy, its significance for changing the level of well-being of citizens. The purpose of this article is to understand the relationship of financial literacy to wealth and how it affects growth of savings of citizens. Various levels of work with finance are given, the main various between a financially illiterate person and a financially literate one are shown. The article reveals how and with what tools you can improve financial literacy. The novelty of the article lies in the analysis of the latest financial literacy tools and their impact on current performance and, most importantly, how it is currently being applied.
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