Forms And Use Of Money

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Definition

Forms And Use Of Money. In the context of the Financial Competence Framework, Forms And Use Of Money is a topic in the Money And Transactions subject matter domain.^[1]

Competences

Mastering the role of Forms And Use Of Money in financial literacy context requires the following competences:

Code	Competency Description	Competency Type
1	Aware that money can take different forms	Knowledge
2	Understands the meaning of legal tender	Knowledge
3	Can use and store money safely in all its forms	Skill
4	Takes into account the relative advantages and disadvantages of different forms of money when choosing which to use	Skill
5	Motivated to learn about different forms of money	Attitude
6	Confident in using different forms of money	Attitude

References

↑ European Union/OECD (2022), Financial competence framework for adults in the European Union

[1] European Union/OECD (2022), Financial competence framework for adults in the European Union

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