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Finance and Credit
 

The cyclic nature of development of economy and personal finances

ISSUE 18, MAY 2009

Available online: 16 September 2009

Subject Heading: Popular finances

JEL Classification: 

R.S. Ekshembiyev Candidate of Economic Sciences, Head of the department for credit products sales development of Promsvyazbank ;

Formation and usage of personal finances within the course of an individual’s life cycle takes place under the influence of long-term and medium-term waves (cycles) of the economic environment. The article discloses the assessment of the influence of those cycles on personal finances.

Keywords: person, finances, cyclic nature, life cycle, income, expenses

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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SEPTEMBER 2026

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