ОСОБЛИВОСТІ ВИКОРИСТАННЯ ЗАОЩАДЖЕНЬ ДОМОГОСПОДАРСТВ В УКРАЇНІ

Abstract

The article deals with the problems of the household’s savings in Ukraine. Today, unfortunately, households haven’t become active savers yet. After all, the low level of income, high level of consumer spending, insufficient level of financial literacy of households, high level of tax burden, don’t contribute to the ability of households to save. The article clarifies the number of factors, which also have a significant impact on the process of savings formation. In the article the author household savings are divided into organized farms located in banking and non-banking financial institutions: bank deposits, insurance policies, savings accounts, deposit accounts in credit unions, etc.) and unorganized (savings in the “economy of national state funds”) and foreign currency outside financial institutions). It is proved that there are direct and indirect methods of converting savings into investment resources of households. Additional features (level of financial literacy, level of trust or non-recognition of the benefits of using financial instruments) that restrain and slow down the process of savings transformation are outlined.