Difference between revisions of "Monitoring Income And Expenses"
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== Definition == | == Definition == | ||
− | '''Monitoring Income And Expenses'''. In the context of the [[Financial Competence Framework]], ''Monitoring Income And Expenses'' is a topic in the [[:Category: | + | '''Monitoring Income And Expenses'''. In the context of the [[Financial Competence Framework]], ''Monitoring Income And Expenses'' 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
Monitoring Income And Expenses. In the context of the Financial Competence Framework, Monitoring Income And Expenses is a topic in the Planning And Managing Finances subject matter domain.[1]
Competences
Mastering the role of Monitoring Income And Expenses in financial literacy context requires the following competences:
Code | Competency Description | Competency Type |
---|---|---|
115 | Aware that very recent transactions may not yet have been reflected in the latest consulted financial statement | Knowledge |
116 | Regularly tracks expenses and expenditure | Skill |
117 | Distinguishes between fixed and variable expenditure | Skill |
118 | Treats essential spending as a higher priority than discretionary spending | Skill |
119 | Keeps any business income and expenditure separate from that of the household | Skill |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union