Abstract: The subject of this research is the traditions and their role in the development of family and society. The article raises the problem of loss of cultural-historical and family values, conservation and passing on goal leis in following the process of transmission of cultural, historical and socio-psychological experience from generation to generation through traditions. The article provides the theoretical analysis of modern research in the field of traditions; examines the concept and structure of the phenomenon of "tradition" and its formation. Special attention is given to family traditions as one of the factors of socio-psychological security of a family. The novelty consists in summarizing the material on the topic, introducing the authorial version of the definition of tradition, and resuming the development of family traditions as a factor of stability and psychological security of a family. In addition to temporal component (succession in generations), the acquired results allow outlining the value component of the tradition. The conclusion is made that traditions are an achievement and value of any community, any civilization and culture; while family traditions, playing the role of sociocultural practice of security, pass on family experience to succeeding generations, stabilize and structure life, form positive family identity, are essential for social adaptation, and affect confidence in life of an individual.