13 Financial Life Skills (13FLS)
Course Description
Teacher in Charge: Nadene Brouwer, Nerida Britten.
13 Financial Life Skills
This course will provide you with a good understanding of financial literacy and how your own personal finances can affect your life. It will teach you about budgeting and managing money, and how significant events can impact this. We explore the themes of managing money and income, setting financial goals, and managing financial risk.
Course Components:
- Strategies to manage personal finances
- Credit and debt
- Achieving long-term personal financial goals
- Impacts of external factors on personal finances
- Buying your first home
Course Overview
Term 1
In Term 1, students will be learning about different ways they can increase their personal income.
US28098 - Evaluate options to increase personal income, 3 credits.
Term 2
In Term 2, students will be learning about credit options and how they can use debt management strategies to manage their personal finances, and how to use goal-setting and a budget to achieve financial goals.
US28099 - Evaluate credit options and select debt management strategies to manage personal finances, 3 credits.
US28100 - Develop a plan to show how a budget contributes to achieving a long-term personal financial goal, 4 credits.
Term 3
In Term 3, students will learn the process for buying their first house, and how to mange the impact of external factors on their personal finances.
US28103 - Analyse and select personal financing options for purchasing a property, 4 credits.
US28104 - Analyse the impact(s) of external factors on personal finances, 3 credits.
Recommended Prior Learning
Open Entry
Assessment Information
Possible CreditsExternal - 0 credits
Internal - 17 credits
Credit Information
You will be assessed in this course through all or a selection of the standards listed below.
This course is approved for University Entrance.
External
NZQA Info
Evaluate options to increase personal income
NZQA Info
Evaluate credit options and select debt management strategies to manage personal finances
NZQA Info
Develop a plan to show how a budget contributes to achieving a long-term personal financial goal
NZQA Info
Analyse and select personal financing options for purchasing a property
NZQA Info
Analyse external risk factors and select strategies to manage their impact on personal finances