12 Financial Life Skills (12FLS2)
Course Description
Teacher in Charge: Nadene Brouwer, Nerida Britten.
12 Financial Life Skills
SEMESTER TWO COURSE
Financial Life Skills explores the themes of managing money and income, setting financial goals, and managing financial risk
Course Components
- Investigating the financial life stages
- Managing debt and KiwiSaver
- Becoming financially secure and responsible
- Banking products
- Understanding employment, taxation and investment
This course is split into two semesters: students can take just one course or both.
Course Overview
Term 2
In Term 2, students will be learning how significant life events can affect their personal income at different life stages, or if they completed Semester 1, how tax relates to their personal income.
Term 3
In Term 3, students will learn how to write a budget and set a financial goal. They will also learn about various insurance products as financial risk management strategies.
Semester 2
U.S. 28092 v4 Explain the effect of significant life events on personal income at different life stages, 3 Credits
OR for students continuing U.S. 24695 v4 Explain taxation and other deductions relating to personal income 2 Credits, 26 July
U.S. 28094 v4 Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal, 3 Credits, 30 August
U.S. 28096 v4 Explain insurance products as financial risk management strategies for personal finances, 3 Credits, 25 October
Recommended Prior Learning
Open Entry
Assessment Information
Possible CreditsExternal - 0 credits
Internal - 6/9 credits
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
External
NZQA Info
Explain the effect of significant life events on personal income at different life stages
NZQA Info
Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal
NZQA Info
Explain personal financial savings and investment options
NZQA Info
Explain insurance products as financial risk management strategies for personal finances