Volunteers are set to teach individuals how to navigate the information landscape to distinguish scams from genuine financial offers. They will also assist financial corporations in understanding issues faced by people with disabilities and identify malpractice in the market. These priorities were outlined at the 11th All-Russian Congress of Financial Education Volunteers.
The Congress gathers volunteers nationwide, serving as a forum for sharing practices, developing initiatives, and promoting financial literacy trends. Most initiatives target adults, focusing on an individual approach and adaptability for different audiences. For instance, volunteers offer classes on family budgeting to newlyweds and help young people with disabilities with training and employment. They also educate servicemen on countering scammers and explain Russian financial laws to residents of new territories.
“It is not easy to teach adults, as they have their own background, education, and priorities. Not everyone is prepared to study only because someone says that it is important and necessary. However, people are eager to learn when information is presented at the right time and in an easy-to-understand format. That is why we appreciate flexibility and a great variety of formats and learn them from you, financial education volunteers,” commented Bank of Russia Governor Elvira Nabiullina.
Currently, 19,000 activists are registered as financial education volunteers including students, professional financiers, employees of educational institutions, non-profit organizations, and commercial companies.
