Code: 1.2.3 · Adults
Income Needs
Descriptors
Knowledge
What you can do at this level
- Kresiliencedaily-lifelarge-majority
Understands that expenditure should ideally not exceed income
- Kresiliencedaily-lifelarge-majority
Aware that it is important to have sufficient income when retired
Skill
What you can do at this level
- Sresiliencedaily-lifelarge-majority
Assesses current income needs and seeks ways to gain sufficient income to cover these needs
- Sresiliencedaily-lifelarge-majority
Makes a realistic assessment of expected income
- Sresiliencedaily-lifelarge-majority
Sets aside some income for retirement
Attitude
What you can do at this level
- Aresiliencedaily-lifelarge-majority
Motivated to find a way to generate sufficient income to preserve current and future standard of living
- Learning outcome types
- K — What you need to know: theoretical understanding and factual information.
- S — What you can do: practical and technical abilities.
- A — How you approach things: values, dispositions and behaviours.