12FINL

Level 2 Financial Literacy

Course Description

Teacher in Charge: Ms A. Mehta.

Students credited with this unit standard are able to explain the effect of significant life events on personal income at different life stages. It will support ākonga when they will be giving Unit Standard assessments based on the knowledge they will receive from their workbooks. Learners are able to describe tertiary study funding options and potential financial consequences for future choices and responsibilities. Students are able to produce a household budget, set a financial goal and review and adjust the budget to achieve the goal. They are able to explain personal financial savings and investment options.

Course Overview

Term 1
Explain taxation and other deductions relating to personal income
Explain the effect of significant life events on personal income at different life stages
Describe tertiary study funding options and potential financial consequences for future choices and responsibilities


Term 2
Describe tertiary study funding options and potential financial consequences for future choices and responsibilities (continued).
Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal
Explain personal financial savings and investment options

Term 3
Explain insurance products as financial risk management strategies for personal finances
Explain and select banking products and services in relation to personal finances

Term 4
Complete any outstanding assessments.

Career Pathways

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 20
Internal Assessed Credits: 20
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 24695 v4
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
U.S. 28092 v4
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

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
U.S. 28094 v4
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
U.S. 28095 v4
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

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
U.S. 28097 v3
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
Credit Summary
Total Credits: 20
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

POLICY

It is the policy of Bishop Viard College to have school-wide policies that inform parents and students of the criteria for administering all Assessments for National Qualifications