1FINC

Level 1 Financial Capability

Course Description

Teacher in Charge: Mrs A. Nelson.

This course is designed to give students the knowledge and skills needed to handle personal finances with confidence and understanding. It will help you become financially wise and literate. You'll learn how different life stages affect your income and your financial goals. By the end of the course, you'll be able to envision your dreams and create a plan to build a successful life.

Pathway

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 15
Internal Assessed Credits: 15
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 24709 v5
NZQA Info

Produce a budget to manage personal finances


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28087 v4
NZQA Info

Demonstrate knowledge of the effect of life stages on personal income


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28088 v3
NZQA Info

Describe credit and debt and their impacts on personal finances


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28089 v4
NZQA Info

Demonstrate knowledge of personal financial goal setting


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28091 v4
NZQA Info

Describe risks and select risk management strategies for personal finances


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 15
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0