Financial literacy of schoolchildren parents: state and ways of development

according to modern scientific studies and social surveys conducted in Russia, the level of financial literacy of the population remains to be insufficient. The purpose of the article is to identify the level of financial literacy of schoolchildren's parents in educational institutions and the ways of working with the parents on the topic of improving the financial literacy of families with children. Using the comparative analysis, induction, and deduction as methods of theoretical research, we found that the parents are really interested in improving their financial literacy and the financial literacy of their children. The study findings show that the parents are quite willing to participate in joint training programs to increase financial literacy. The author developed and proposed the method for the joint participation of parents and children in extracurricular activities in order to increase financial literacy.