L2 Financial Capabilities
Subject Description
Teacher in Charge: Ms K. Schumacher.
This course is designed to give students the opportunity to develop a relationship with money they may receive, earn and inherit.
Students will gain hands on money tips to make informed decisions that will equip them to meet their personal financial goals, and to enhance studying or job opportunities.
This is done through establishing what their money personality is, Needs v Wants, development of a budget and cash flow forecast, information of services that banks and finance companies offer, money traps, how to avoid debt, loan sharks, taxation and other deductions relating to personal income and Investing.
This course will be assessed to a selection of L2 Financial Capability Unit Standards. Assessment is a combination of both graded and ungraded standards. Students will have the opportunity to gain up to 18 credits at L2.
Required Prior Learning
Entry is open.
Subject Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Explain the effect of significant life events on personal income at different life stages
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Describe tertiary study funding options and potential financial consequences for future choices and responsibilities
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Explain personal financial savings and investment options
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Explain insurance products as financial risk management strategies for personal finances
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Explain and select banking products and services in relation to personal finances
Assessments:
Term: 2022-02-17, Week: 2022-02-17