Code: 2.3.1 · Children and youth
Saving goals and priorities
Descriptors
Knowledge
What you can do at this level
- Kage:6-10
Knows the benefits of starting to save and having saving goals from a young age
Skill
What you can do at this level
- Sage:6-10
Develops the habit of saving some of one’s pocket money or other income received
- Sage:11-15
Identifies realistic and specific saving goal(s) and draws up a plan to achieve them
- Sage:11-15
Prioritises saving for a goal over discretionary spending
- Sage:16-18
Can monitor the implementation of one’s own financial/savings plan to detect possible gaps between goals and outcome and takes action to reach one’s goals
- Learning outcome types
- K — What you need to know: theoretical understanding and factual information.
- S — What you can do: practical and technical abilities.