L2 Financial Capability

L2FICA
Course Description

Teacher in Charge: Mrs N. Poffley

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.


Course Credit Information
Assessment
Level
Internal or
External
Credits
L1 Literacy Credits UE Literacy Credits Numeracy Credits
U.S. 28092 v3 Analyse the effect of significant life events at different life stages on personal financial income
2
I
3
U.S. 28093 v3 Describe the financial responsibilities and consequences of tertiary study funding options
2
I
3
U.S. 28094 v3 Produce a balanced household budget and adjust the budget to reflect changing financial circumstances
2
I
3
U.S. 28095 v3 Analyse personal financial investment options
2
I
3
U.S. 28096 v3 Demonstrate understanding of insurance products for personal financial capability
2
I
3
U.S. 28097 v2 Analyse and select banking products and services in relation to personal finances
2
I
3
Total Credits

Total Credits Available: 18 credits.
Internally Assessed Credits: 18 credits.

Related Videos
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