Abstract
The article presents some results of a study of the formation of financial culture in the families of the metropolitan metropolis, the purpose of which was to identify the features of financial socialization of children in families, through which knowledge, norms and values, attitudes to finance and financial institutions are transferred, which determines certain behavior in the field of finance. Special attention is paid to the definition of parental practices as an unusual system of actions that contribute to the formation of the financial culture of children, who later move into the socio-demographic category of "youth". Based on the results of theoretical analysis and author's empirical research, the following parental practices have been identified in relation to the formation of the financial culture of their children: allocation of pocket money; discussion of financial issues; broadcasting of attitudes (consumer, credit, savings, investment) and norms. The main purpose of this article is to initiate a theoretical discussion about financial socialization and parenting practices — what it is; why it is important; and how their principles can help to better understand the process of forming a financial culture.
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