Code: 2.2.2 · Children and youth
Managing irregular and unexpected income and expenses
Descriptors
Skill
What you can do at this level
- Sage:11-15
Makes informed decisions about the use of exceptional income received such as gifts, unexpected pocket money, etc
- Sage:16-18
Puts aside funds to pay for irregular/unexpected expenses (e.g. emergency savings)
- Sage:16-18
Actively seeks ways of adjusting income or expenditure as necessary, when confronted with unexpected expenses and income fluctuations
- Learning outcome types
- S — What you can do: practical and technical abilities.