12FN4

12 Financial Capability 4

Course Description

Teacher in Charge: Mrs M. Farquhar

Students will:

• Develop the skills to make financially literate decisions, involving insurance, employment rights, banking, setting financial goals and purchasing goods


Pathway

Contributions and Equipment/Stationery

12FN4 - Supplementary costs: Nil

Prerequisites

Achieved NCEA Level 1

OR HoD approval

Credit Information

Total Credits Available: 16 credits.
Internally Assessed Credits: 16 credits.

Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 28097 v2
NZQA Info
Analyse and select banking products and services in relation to personal finances

Assessments:
Term: 2, Week: 9

Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28096 v3
NZQA Info
Demonstrate understanding of insurance products for personal financial capability

Assessments:
Term: 2, Week: 4

Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28094 v3
NZQA Info
Produce a balanced household budget and adjust the budget to reflect changing financial circumstances

Assessments:
Term: 3, Week: 4

Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28093 v3
NZQA Info
Describe the financial responsibilities and consequences of tertiary study funding options

Assessments:
Term: 3, Week: 10

Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 24699 v3
NZQA Info
Make an informed decision relating to personal income and explain its impacts

Assessments:
Term: 1, Week: 5

Level: 2
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 24695 v3
NZQA Info
Explain taxation and other deductions relating to personal income
3
3
3

Assessments:
Term: 1, Week: 10

Level: 2
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 16
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
TotalNumeracy Credits: 0