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 MCEA Level 1
OR HoF approval.
Contributions and Equipment/Stationery
*12FN4* - Supplementary costs: Nil
Pathway
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
Total Credits Available: 20 credits.
Internally Assessed Credits: 20 credits.
Assessment
Description
Level
Internal or
External
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
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. 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
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: 20
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0