Frame: “the Tale of the fisherman and the fish”
The Russian fairy tale about a goldfish and pike, which grants wishes, forced the Russians to believe in easy money and interfere to improve the financial culture of citizens. This was stated by first Deputy Chairman of Russian Central Bank Sergey Shvetsov, reports of AGN “Moscow”.
According to him, even in the context of financial literacy, people will still do wrong. “Look: big brother works – he is a fool, the middle brother is the fool, the youngest sitting on the stove, then he catches a pike – he’s doing well. It since the childhood goes with age in the plane of relations with the financial market,” said Shvetsov.
CB representative said that the need to change stories and to stop teaching children free.
In November 2018 payment system Visa and the company Ipsos conducted a study in which it was found that the level of financial literacy and well-being of Russians for last year has increased, but citizens still spend their money frivolously and don’t save savings. The goal is to save up for something only 10 percent of respondents, the remaining specific objectives for the saving have not.
Video, photo All from Russia.