12FN4
12 Financial Capability 4
Course Description
Teacher in Charge: Michelle Farquhar
Students will:
•Develop the skills to make financially literate decisions, involving insurance, employment rights, banking, setting financial goals and purchasing goods
Prerequisites
Achieved NCEA Level 1
OR HoD approval.
Contributions and Equipment/Stationery
*12FN4* - Supplementary costs: Nil
Pathway
Credit Information
Total Credits Available: 27 credits.
Internally Assessed Credits: 27 credits.
Assessment
Description
Level
Internal or
External
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 1979 v10
NZQA Info
NZQA Info
Describe employment agreements
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 7127 v7
NZQA Info
NZQA Info
Exercise informed choice in deciding on a major goods or service purchase
Level: 3
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 24695 v4
NZQA Info
NZQA Info
Explain taxation and other deductions relating to personal income
Level: 2
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Assessments:
Term: 1, Week: 10
U.S. 24699 v4
NZQA Info
NZQA Info
Make an informed decision relating to personal income and explain its impacts
Level: 2
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28092 v4
NZQA Info
NZQA Info
Explain the effect of significant life events on personal income at different life stages
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28093 v4
NZQA Info
NZQA Info
Describe tertiary study funding options and potential financial consequences for future choices and responsibilities
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Assessments:
Term: 3, Week: 10
U.S. 28094 v4
NZQA Info
NZQA Info
Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Assessments:
Term: 3, Week: 4
U.S. 28095 v4
NZQA Info
NZQA Info
Explain personal financial savings and investment options
Further assessment opportunities will not be offered for this standard in line with NZQA guidelines
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28096 v4
NZQA Info
NZQA Info
Explain insurance products as financial risk management strategies for personal finances
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Assessments:
Term: 2, Week: 4
U.S. 28097 v3
NZQA Info
NZQA Info
Explain and select banking products and services in relation to personal finances
Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Assessments:
Term: 2, Week: 9
Credit Summary
Total Credits: 27
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0