Financial literacy as a factor of state economic security

The research focuses on the financial literacy in the Russian Federation due to the state strategic concept adopted in this regard. The preceding strategy for improving financial literacy in Russia and the new one are analyzed. The paper examines a number of specific public authorities and other actors who are responsible for or interested in the implementation of the strategic tasks. The study reviews the factors and criteria affecting the financial situation of citizens in this country. Russian and international practices for improving financial literacy are considered. The research proves that there is a low level of knowledge, practical skills and attitudes of the citizens in the field of personal finance. The author provides the concepts and tools to improve financial literacy in Russia.