Code: 1.3.6 · Adults
Implications of Purchases
Descriptors
Knowledge
What you can do at this level
- Kresiliencedaily-lifelarge-majority
Knows that some purchases may incur ongoing costs such as maintenance or storage
- Kresiliencelarge-majority
Is aware when subscriptions end and if they will be renewed automatically
Skill
What you can do at this level
- Sresiliencedaily-lifelarge-majority
Takes into account long-term implications of subscriptions and other purchases requiring repeated payments
- Sresiliencedaily-lifelarge-majority
Makes an informed decision about the overall impact of options to spread payments over time
- Sresiliencedaily-lifelarge-majority
Makes any ongoing payments as agreed
- Sresiliencedaily-lifelarge-majority
Makes an informed decision about whether to make large purchases immediately or in the future
Attitude
What you can do at this level
- Aresiliencedaily-lifelarge-majority
Confident to apply knowledge of factors such as inflation and exchange rates when making a decision about whether to delay a purchase
- 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.