Financial Literacy 20, 30
Course Configurations
Examine the principles of saving money.
Indicators for this outcome
| (a) | Discuss reasons for saving. |
| (b) | Identify different strategies (e.g., lump sum and regular, including pre-authorized and random, contributions) for saving. |
| (c) | Determine advantages and disadvantages associated with various savings strategies. |
| (d) | Choose appropriate savings strategies based on an individual’s needs, wants and goals. |
| (e) | Explore how family perspectives, culture, community influencers and personal experiences shape one’s attitude towards saving. |
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