Code: 2.3.1 · Adults
Understands the benefits of saving, of having savings goals and a plan to achieve them
Understands the benefits of starting to save from a young age and saving regularly
Understands the concept of treating personal saving as a financial commitment, sometimes described as “pay yourself first”
Identifies a specific savings goal with a time frame and an approach to achieve it
Strives to save each time income is received
Prioritises saving ahead of some forms of discretionary spending
Confident to set own savings targets based on realistic aspirations and believes it is possible to reach those saving targets
Sees saving as a basic component of a household budget