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The Role of Financial Literacy in Ensuring Financial Security of the Population

Year: 2025

Type: article

Abstract: Financial literacy is an essential skill needed for financial security, personal well-being, economic growth and sustainable development. This article considers the significance of financial literacy in preventing fraud among the population. With the increasing number of financial crimes, especially in the digital space of Kazakhstan, the development of knowledge and skills in personal finance management becomes an urgent task. The results of the study confirm that systematic training in the basics of financial planning, development of critical thinking and the ability to identify signs of fraud play a key role in protecting citizens from financial losses.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14870574

Authors: Sartanova N., Kenzhebekova D.

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: green

OpenAlex ID: W6893199272

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