SPECIFICATIONS OF PROVIDING FINANCIAL SECURITY OF HOUSEHOLDS IN MODERN CONDITIONS

Abstract

The article is devoted to the study of the current problems of ensuring the financial security of households in the conditions of the transformation of financial markets and global changes in the sphere of state regulation of population incomes. The objective necessity of improving the approaches to assessing the financial capacity of the population existing in Ukraine by moving from the assessment of individual incomes of individual citizens to the comprehensive consideration of the financial income of households has been determined. The need to ensure the effective functioning of the financial mechanism of household income regulation based on the formation of a system of their financial security has been studied. The need to change the principles of state regulation in the field of ensuring the financial capacity of the country's population by determining not only the level of the minimum wage, but also establishing the level of the basic income of households, sufficient to ensure the key life needs of all its members, is substantiated. Practical aspects of researching the financial security of households indicate the need to take into account an extremely large number of various factors affecting this area. This is mainly due to the dual nature of the economic essence of households as economic agents. On the one hand, households must be perceived as the basic elements of the national economy, which in fact provide it not only with labor resources, but also play an extremely important role in the land and capital markets, and therefore have a direct relationship with the formation and distribution of the resource base of economic activity in general . On the other hand, households are the final consumers of an extremely wide range of goods and services sold in the national economy and, accordingly, have a direct impact on the formation of aggregate demand in commodity markets. Thus, ensuring the appropriate level of financial security of households allows the state to solve a number of extremely important problems related to the need to ensure effective economic growth. Therefore, the relevance of problems related to the efficiency of their financial activities acquires special importance in modern conditions, when under the influence of global economic changes, the system of household incomes and expenses in general is transformed.