Code: 3.2.1 · Children and youth
Financial risk
Descriptors
Knowledge
What you can do at this level
- Kage:11-15
Understands the concept of financial risk and the expected reward for taking such risk
- Kage:11-15
Is aware of one’s own financial risk tolerance, that it can change over time, and of its importance when making financial decisions
- Kage:11-15
Realises that some financial products are risky because of their features and investing in such products can result in the loss of money (or may even be fraudulent)
- Learning outcome types
- K — What you need to know: theoretical understanding and factual information.