Difference between revisions of "Sources Of Income"
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== Definition == | == Definition == | ||
− | '''Sources Of Income'''. In the context of the [[Financial Competence Framework]], ''Sources Of Income'' is a topic in the [[:Category: | + | '''Sources Of Income'''. In the context of the [[Financial Competence Framework]], ''Sources Of Income'' is a topic in the [[:Category:Money And Transactions | Money And Transactions]] 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:Money And Transactions | Money And Transactions]] |
Latest revision as of 16:36, 1 April 2022
Definition
Sources Of Income. In the context of the Financial Competence Framework, Sources Of Income is a topic in the Money And Transactions subject matter domain.[1]
Competences
Mastering the role of Sources Of Income in financial literacy context requires the following competences:
Code | Competency Description | Competency Type |
---|---|---|
20 | Knows about the sources of earned and unearned income, including available government benefits and the requirements for receiving them | Knowledge |
21 | Understands why an individual’s net income may fluctuate | Knowledge |
22 | Can identify legal ways to increase income | Knowledge |
23 | Understands how assets or investments can provide a source of income | Knowledge |
24 | Declares all sources of income to tax authorities | Skill |
25 | Comfortable discussing income with others when necessary | Attitude |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union