120030

PERSONAL FINANCE

Level: Entry Level

In successfully completing this unit, the learner will haveEvidence needed

demonstrated the ability to

1. work out change when paying for an item on at least two occasions

Summary sheet

experienced

2. creating a budget from a given scenario

Summary sheet

3. applying knowledge of the two times tables by working out 'half price' offers

Student completed work

4. checking the total cost on the receipt and checking if the correct change has been given

Summary sheet

demonstrated the ability to

5. identify at least four outgoings a person would have to pay for if living independently

Summary sheet

6. compare the cost of at least two items through research

Summary sheet

7. add two prices (whole numbers) together and calculate the total cost

Summary sheet

shown knowledge of

8. distinguishing between coins, notes, a bank card and loyalty cards

Summary sheet

9. two different types of vocabulary related to finance and common transactions

Student completed work

10. at least three consequences of debt.

Student completed work

Approved 05 Dec 2023

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