FINANCIAL SECURITY OF HOUSEHOLDS IN THE CONDITIONS OF CHANGE

Olena Kuzmak; Oleh Kuzmak; Yuliia Molinska

doi:10.36910/2707-6296-2022-19(75)-17

Olena Kuzmak Lutsk national technical university https://orcid.org/0000-0003-0394-0981
Oleh Kuzmak Lutsk national technical university https://orcid.org/0000-0002-1950-8416
Yuliia Molinska European University, Rivne branch https://orcid.org/0000-0002-2409-3577

DOI: https://doi.org/10.36910/2707-6296-2022-19(75)-17

Keywords: financial security,, households,, human development index,, sustainable economic development

Abstract

The article examines the problems of financial security of Ukrainian households in the conditions of changes. The issue of ensuring the financial security of households has recently become relevant in connection with the strengthening of the COVID-19 coronavirus pandemic and the introduction of martial law.

Peculiarities of the financial security of households, in contrast to the financial security of other participants in the financial market, are highlighted. The amount of GDP per capita and the human development index were studied. It was determined that the level of financial security depends on the choice of the model of financial behavior of a particular household. It has been proven that the level of financial security depends on the choice of the model of financial behavior of a particular household. The correlation of these concepts is manifested in the proposed methods