Comparative analysis of treatment of categories “finance” and “household finance” in the Russian financial science in the 19th-21st century

In the article we analysed several approaches to defining the nature of categories “finance” in the framework of evolution of the Russian financial science. The purpose of the paper is to provide a comparative analysis of treatment of categories “finance” and “household finance” as an independent category of modern financial science based on the background of Russian financial science in the 19th-21st century. The analysis allowed us to emphasize two approaches concerning the category of “household finance” in the Russian theory of finance. This, in turn, permitted us both to determine the category “household finance” and to establish an interaction between financial relations arising in different sectors of the financial system.