Household finance as the basis of a modern financial system

The article discusses household finances as one of the links in the country's financial system.The views of various scientists on their essence and impact on the financial market are presented. The essence of household finances, their structure and the influence of cash flows on the formation of their income are considered.According to the authors, the difference between accrued and paid income can be significant, therefore, the actually paid income is of decisive importance for the household, which is why the population incomes are indexed, aimed at increasing the level of real incomes of the population, taking into account the socio-economic development of the country, improving the well-being of its population, formation of its stable financial well-being.