Financial Literacy 10 (2026 FINAL)
FL10.1
Explore how value systems, social factors, personal experiences and cultural backgrounds can influence financial decision-making.
Indicators for this outcome
| (a) | Explore the impact value systems developed in childhood can have on attitudes towards finances. |
| (b) | Investigate how culture, religion and family belief systems can influence trust in, and value of, financial institutions. |
| (c) | Explore how social influences and personal experiences shape one’s attitudes toward financial decision-making. |
| (d) | Examine various cultural perspectives on income, budgeting, saving, sharing and accessing credit. |
| (e) | Research various approaches to financial decision-making based on different perspectives or traditions (e.g., halal banking, Indigenous beliefs on sharing). |
| (f) | Discuss how community and societal norms (e.g., expectations regarding gender roles) influence the financial well-being of self, family and community. |
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