FINLIT

Financial Literacy

Although next year timetables are yet to be finalised, course selection is now finished. Any changes to student courses will now take place in January.

Course Description

Teacher in Charge: Ms R. McGlade.

Financial Literacy is a course that will help prepare you for the financial decisions and financial traps you will be faced with when leaving school and entering the ‘real world’. This could include creating a personal budget, researching different investment options, evaluating different options to increase your income, banking, insurance, tax, debt and even buying your own home or discussing how Māori values can guide financial decisions.

Credit Information

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

Total Credits Available: 11
Internal Assessed Credits: 11
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. 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. 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
Credit Summary
Total Credits: 11
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0