It became clear where the most financially savvy citizens live in Russia

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According to a study by PSB Blagosostoyanie, St. St. Petersburg has taken a leading position among Russian regions in terms of financial literacy of the population.

The northern capital scored highest on the Local Residents’ Financial Success Index – 49.1. More than half of the urban population keeps their savings in bank deposits, while more than 40% invests. According to analysts, St. The number of investors in St. Petersburg will continue to increase.

Chechnya ranked second with 46.2 points. Residents of this region of the Russian Federation try not to take on a large debt burden. Thus, about 30% of the population of the republic has no credit at all, while almost half of them serve only one loan.

The top 3 is completed by the Kaliningrad region. According to the research, the majority of residents have financial support, and one in five has financial support to last a year or more.

Moscow took only ninth place in the PSB rankings with 44.8 points. Also in the top 10 were: Irkutsk region, Kamchatka region, Nizhny Novgorod region, Volgograd region, Voronezh region and Omsk region.

Before that socialbites.ca I learnedMore than half of Russians consider themselves financially illiterate.

Previous experts named The basic mistakes parents make while raising their children financially.

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