Abstract

A financially conscious population promotes a country's competitiveness and makes its economic stability more secure. There is a need to promote financial awareness and education among secondary school students, young adults and older age groups. Our synthesis research is based on secondary data collection. This article describes the importance of financial awareness and the domestic initiatives and challenges to improve it, with a particular focus on human resource factors. It can be concluded that there are a number of initiatives in Hungary aimed at providing students with the financial and economic basics they will need in the future, starting from school. Some training is available for teachers involved in education, but there can be a serious problem with the low number of teachers.

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