Difference between revisions of "External Influences"
From Open Risk Manual
Wiki admin (talk | contribs) (Created page with "== Definition == '''External Influences'''. In the context of the Financial Competence Framework, ''External Influences'' is a topic in the :Category:Financial Landscape...") |
Wiki admin (talk | contribs) |
||
Line 1: | Line 1: | ||
== Definition == | == Definition == | ||
− | '''External Influences'''. In the context of the [[Financial Competence Framework]], ''External Influences'' is a topic in the [[:Category:Financial Landscape | Financial Landscape]] subject matter domain.<ref> | + | '''External Influences'''. In the context of the [[Financial Competence Framework]], ''External Influences'' is a topic in the [[:Category:Financial Landscape | Financial Landscape]] subject matter domain.<ref>European Union/OECD (2022), Financial competence framework for adults in the European Union</ref> |
== Competences == | == Competences == |
Latest revision as of 16:35, 1 April 2022
Definition
External Influences. In the context of the Financial Competence Framework, External Influences is a topic in the Financial Landscape subject matter domain.[1]
Competences
Mastering the role of External Influences in financial literacy context requires the following competences:
Code | Competency Description | Competency Type |
---|---|---|
551 | Understands how economic factors, such as a recession or high inflation, and other factors (for example related to the climate, the environment or pandemic diseases) can affect aspects of personal financial status, including wealth | Knowledge |
552 | Follows news of events that may impact on personal financial security or well-being | Skill |
553 | Confident to make changes to financial plans as necessary in light of external factors | Attitude |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union