Personal financial planning and basic mechanisms for achieving financial security

May 17, 2018, the USUE Department of Financial Management together with the Sverdlovsk Regional Entrepreneurship Support Fund conducted an interactive business game "Personal Finances. Indicators of Financial Form ", which in fact was an introduction to personal financial planning.

Full-time students of five groups (FM-14, FM-15, FK-15-1/2, GMF-15-1/2, and M-17) were invited to the event.   The host of the game was the speaker and founder of the first financial school in the Urals - School of Financial Literacy MoneyStart - Victor Dolzhenko.

During the event, they considered main blocks of a financial plan, such as budget planning, asset analysis, setting and achieving financial goals, understanding the benefits and threats of banking products, the choice of financial instruments, the formation of ideas on investments, and risk management. The focus was on basic instruments of investment: real estate and securities. All students got a simple system for determining their own financial form and basic mechanisms for achieving financial security.

The theme and format of the game aroused keen interest among the students and they actively participated in the game thanks largely to the experienced speaker Viktor Dolzhenko, who managed to build rapport with the students. The knowledge and skills obtained during the game will help students have a clear understanding of attitude to money and spending. The organizer of the event is Ekaterina Sheina, Ph.D., associate professor of the Department of Financial Management

May 17, 2018, the USUE Department of Financial Management together with the Sverdlovsk Regional Entrepreneurship Support Fund conducted an interactive business game "Personal Finances. Indicators of Financial Form ", which in fact was an introduction to personal financial planning.

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