Learning Outcome 1.2 states:
Identify and classify sources of income and expenditure, compare options available to best manage financial resources, evaluating the risks associated with each option and making informed and responsible judgements.
In our view, the following are the key ideas and messages for this topic:
The overarching aim of this learning outcome is the development of effective financial management skills.
The focus is on financial planning, risk assessment and the ability to choose between alternatives. Upon completion, students should be equipped to make informed financial decisions which are appropriate to their circumstances and life stage.
Click below to return to the 'Time for Business' website