Code: 4.7.1 · Adults
External Influences
Descriptors
Knowledge
What you can do at this level
- Ksustainableresiliencedaily-lifelarge-majority
Understands how economic factors, such as a recession or high inflation, and other factors (for example related to the climate, the environment or pandemic diseases) can affect aspects of personal financial status, including wealth
Skill
What you can do at this level
- Sresiliencedaily-lifelarge-majority
Follows news of events that may impact on personal financial security or well-being
Attitude
What you can do at this level
- Aresiliencedaily-lifelarge-majority
Confident to make changes to financial plans as necessary in light of external factors
- Learning outcome types
- K — What you need to know: theoretical understanding and factual information.
- S — What you can do: practical and technical abilities.
- A — How you approach things: values, dispositions and behaviours.