Difference between revisions of "Savings Buffers"
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== Definition == | == Definition == | ||
| − | '''Savings Buffers'''. In the context of the [[Financial Competence Framework]], ''Savings Buffers'' is a topic in the [[:Category: | + | '''Savings Buffers'''. In the context of the [[Financial Competence Framework]], ''Savings Buffers'' is a topic in the [[:Category:Planning And Managing Finances | Planning And Managing Finances]] subject matter domain.<ref>European Union/OECD (2022), Financial competence framework for adults in the European Union</ref> |
== Competences == | == Competences == | ||
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| − | [[Category: | + | [[Category:Planning And Managing Finances | Planning And Managing Finances]] |
Latest revision as of 16:35, 1 April 2022
Definition
Savings Buffers. In the context of the Financial Competence Framework, Savings Buffers is a topic in the Planning And Managing Finances subject matter domain.[1]
Competences
Mastering the role of Savings Buffers in financial literacy context requires the following competences:
| Code | Competency Description | Competency Type |
|---|---|---|
| 154 | Understands the benefit of having emergency savings to cover financial shocks | Knowledge |
| 155 | Some savings in a highly accessible or liquid form | Knowledge |
| 156 | Takes steps to have emergency savings to manage financial shocks | Skill |
| 157 | Values the additional financial resilience created through saving | Attitude |
| 158 | Satisfied with current savings buffer or motivated to increase it | Attitude |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union
