L1 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 Level One Financial Capability Unit Standards. Assessment is a combination of both graded and ungraded standards. Students will have the opportunity to gain up to 19 credits at L1.
Required Prior Learning
Entry is open.
Pathway
Subject Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Produce a budget to manage personal finances
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Demonstrate knowledge of the effect of life stages on personal income
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Describe credit and debt and their impacts on personal finances
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Demonstrate knowledge of personal financial goal setting
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Demonstrate knowledge of selected personal financial saving and investment options that provide financial benefits
Assessments:
Term: 2022-02-17, Week: 2022-02-17
NZQA Info
Describe risks and select risk management strategies for personal finances
Assessments:
Term: 2022-02-17, Week: 2022-02-17