Code: 2.3.3 · Adults
Interest rates
Descriptors
Knowledge
What you can do at this level
- Kresiliencedaily-lifelarge-majority
Understands the impact of compound interest on savings and the savings methods that make it possible to benefit from it
Skill
What you can do at this level
- Sdaily-lifelarge-majority
Continues to save even in a low interest rate environment
- Sdaily-lifelarge-majority
Takes care to consider the real interest rate on savings held
- Sdigitaldaily-life
Uses reliable and impartial digital comparison tools to compare interest rates, fees and other characteristic of saving account options and evaluate their impact on savings
- Learning outcome types
- K — What you need to know: theoretical understanding and factual information.
- S — What you can do: practical and technical abilities.