ACHEK053
Factors that influence major consumer and financial decisions and the short- and long-term consequences of these decisions
Elaborations ScOT Terms
ACHEK053 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
ACHEK018
Why and how individuals and businesses plan to achieve short-term and long-term personal, organisational and financial objectives
Elaborations ScOT Terms
ACHEK018 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (1) ACHEK018
explaining the need for setting short- and long-term personal financial objectives and prioritising personal financial responsibilities and needs over wants
Elaboration (1) | ACHEK018 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHEK018
identifying ways short- and long-term personal financial objectives can be achieved, for example through developing a budget and having a savings plan
Elaboration | ACHEK018 | Content Descriptions | Year 7 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration ACHES058
deciding on a potential major purchase (for example, a car, investigating options, calculating the costs of different purchasing methods and estimating the long-term costs and benefits of owning the asset and repaying the debt)
Elaboration | ACHES058 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum