Financial behavior of the population at the present stage of economic development

The ability of the population to make competent decisions regarding the management of personal finances, as well as the effective use of the available variety of financial instruments, is the key to sustainable development. However, due to the naturally decreasing key rate, the yield on deposits is also reduced, which makes it necessary to consider new forms of investment, such as a brokerage account and an individual investment account. At the same time, these financial areas have not become widespread yet, especially against the background of low financial literacy of the population. At the present stage, the market shows a steady trend of growth in the number of investment and brokerage accounts, increasing investor participation in exchange and over-the-counter trading.At the same time, this trend is observed by banks, professional participants in the securities market, and trust managers. Discussion questions about the need to regulate and categorize investors are relevant and are aimed at protecting them from increased risks in a new market for them. In addition to that, the growing volume of loans issued to the population at a record pace contributes to a critical increase in the creditworthiness of citizens, which can subsequently become a threat to the financial stability of the state and also requires the participation of the regulator.