13FLS

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 Credits
External - 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.

Total Credits Available: 17
Internal Assessed Credits: 17
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 28098 v4
NZQA Info

Evaluate options to increase personal income


Level: 3
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28099 v3
NZQA Info

Evaluate credit options and select debt management strategies to manage personal finances


Level: 3
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28100 v4
NZQA Info

Develop a plan to show how a budget contributes to achieving a long-term personal financial goal


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28103 v3
NZQA Info

Analyse and select personal financing options for purchasing a property


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28104 v3
NZQA Info

Analyse external risk factors and select strategies to manage their impact on personal finances


Level: 3
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0