Code: 2.1.1 · Adults
Monitoring income and expenses
Descriptors
Knowledge
What you can do at this level
- Kresiliencedaily-lifelarge-majority
Aware that very recent transactions may not yet have been reflected in the latest consulted financial statement
Skill
What you can do at this level
- Sdigitalresiliencedaily-lifelarge-majority
Regularly tracks expenses and expenditure
- Sresiliencedaily-lifelarge-majority
Distinguishes between fixed and variable expenditure
- Sresiliencedaily-lifelarge-majority
Treats essential spending as a higher priority than discretionary spending
- Sresiliencedaily-lifelarge-majority
Keeps any business income and expenditure separate from that of the household
- Learning outcome types
- K — What you need to know: theoretical understanding and factual information.
- S — What you can do: practical and technical abilities.