Competences
FinComp
Adults
- 1.1.1Forms and use of Money
- 1.1.2Notes and Coins
- 1.1.3Foreign Exchange
- 1.2.1Sources of Income
- 1.2.2Pay Slips and Income Statements
- 1.2.3Income Needs
- 1.2.4Impact of Career Path on Income
- 1.3.1Prices
- 1.3.2Price Comparions
- 1.3.3Purchases
- 1.3.4Payment Methods and Transferring Money
- 1.3.5Checking and Keeping Track of Payments and Purchases
- 1.3.6Implications of Purchases
- 1.3.7Sustainability Aspects of Prices and Purchases
- 1.4.1Understanding and Signing Contracts
- 1.4.2Financial Records
- 2.1.1Monitoring income and expenses
- 2.1.2Drawing a budget
- 2.2.1Basics of managing income and expenses
- 2.2.2Managing irregular and unexpected income and expenses
- 2.3.1Saving goals and priorities
- 2.3.2Savings buffers
- 2.3.3Interest rates
- 2.3.4Choosing saving products
- 2.3.5Managing savings
- 2.4.1Basics of investing
- 2.4.2Share and fund prices
- 2.4.3Choosing and diversifying investments
- 2.4.4Crypto-assets and related digital developments
- 2.4.5Shareholder rights
- 2.4.6Sustainable investment
- 2.4.7Commodities
- 2.4.8Factors influencing investment decisions
- 2.5.1Basics of long-term planning
- 2.6.1Basics of pension planning
- 2.6.2Categories of pension products
- 2.6.3Managing pension products
- 2.6.4Sustainability considerations for pensions
- 2.7.1Considerations before asking for credit
- 2.7.2Guarantors and collateral
- 2.7.3Choosing credit
- 2.7.4Risks of taking a credit
- 2.7.5Application for credit and credit score
- 2.7.6Repaying credit
- 2.7.7Renegotiating a credit agreement
- 2.7.8Overdrafts
- 2.7.9Easy-access high-cost credit
- 2.8.1Managing debt
- 2.8.2Debt accrued from late payments
- 2.8.3Difficulty to repay debt
- 3.1.1Basics of risk
- 3.1.2Sources of risks
- 3.1.3Specific risks of digital products and services
- 3.2.1Creating a safety net
- 3.2.2Choosing insurance
- 3.2.3Digital insurance provision
- 3.2.4Insurance against climate-related risks
- 3.2.5Government support
- 3.3.1Relationship between risk and reward
- 3.3.2Sustainability implications on risk and reward
- 4.1.1Consumer Protection Regulations
- 4.1.2Complaints
- 4.1.3Personal Data Protection
- 4.2.1Consumer rights and responsibilities
- 4.3.1Financial Information
- 4.3.2Financial Education
- 4.3.3Financial Advice
- 4.3.4Discussing financial matters
- 4.4.1Characteristics of Financial Products and Services
- 4.4.2Sustainability Preferences
- 4.4.3Sustainability Labels and Standards
- 4.4.4Disclosure
- 4.5.1Scams and Fraud
- 4.5.2Greenwashing
- 4.5.3Personal Data Scams and Fraud
- 4.5.4Reporting Scams and Frauds
- 4.6.1Taxes and tax treatments
- 4.6.2Taxes and Tax Treatments
- 4.7.1External Influences
- 4.7.2Macroeconomic Impact on Personal Finance
- 4.7.3Advertising
- 4.7.4Broader sustainability impact of personal finance decisions
Children and youth
- 1.1.1Forms of Money
- 1.1.2Role/purposes of money
- 1.1.3Storing and accessing money
- 1.1.4Handling money
- 1.1.5Foreign currency and exchange
- 1.2.1Income sources and levels
- 1.2.2Income needs
- 1.3.1Prices
- 1.3.2Purchases
- 1.3.3Payment Methods and Transferring Money
- 1.4.1Financial records and contracts
- 2.1.1Drawing up a budget
- 2.2.1Monitoring and managing regular income and expenses
- 2.2.2Managing irregular and unexpected income and expenses
- 2.3.1Saving goals and priorities
- 2.3.2Factors influencing savings
- 2.3.3Choosing how to save
- 2.3.4Managing savings
- 2.4.1Basics of investing
- 2.4.2Choosing investments
- 2.4.3Crypto-assets and recent digital developments
- 2.4.4Sustainable Investment
- 2.5.1Retirement and pensions
- 2.6.1Borrowing and lending money
- 2.6.2Taking credit
- 3.1.1General concept of risk, sources of risk and its impact on personal finance
- 3.2.1Financial risk
- 3.2.2Relationship between financial risk and reward
- 3.3.1Choosing insurance
- 3.3.2Managing financial risk
- 4.1.1Overview of financial products, services and providers
- 4.2.1Consumer Protection
- 4.3.1Consumers’ rights and responsibilities
- 4.3.2Financial services providers’ responsibilities
- 4.3.3Personal data protection
- 4.4.1Common types of scams and fraud, and means of protection
- 4.5.1Financial information
- 4.5.2Financial literacy and financial education
- 4.5.3Financial advice
- 4.6.1Purpose and impact of taxes
- 4.7.1Macroeconomic impact
- 4.7.2Advertising and impact of external pressure
- 4.7.3Sustainability considerations