Unit Award Scheme

shown knowledge of

1. three techniques for saving money

2. the difference between essential and non-essential spending, and how personal choice influences the balancing of needs and wants

3. the meaning of the words 'budget' and 'credit'

4. three potential consequences of keeping a budget

5. where the local bank or building society is

6. where to get help and advice on money matters

7. the main costs of everyday living, including items that people buy regularly and two examples of one off items

8. what buying on credit means

9. what debt is, how to manage it and two consequences of not paying bills

10. how shopping carefully can save money

11. where money comes from and what factors influence our spending

demonstrated the ability to

12. identify at least one short term and one long term financial dream

13. give one piece of advice on how to manage personal cash in order to achieve a personal goal

14. identify that everyone has different values and ideas when it comes to money.