This resource helps teachers deliver the Financial Capability Unit Standard 28100 ‘Develop a plan to achieve a long-term personal financial goal(s)’ (Level 3, 4 Credits). Students will learn about gathering information and thinking about the actions necessary to achieve long-term financial goals. You will study the factors that may affect the achievement of these goals in terms of an individual and their lifestyle. The requirements of a budget and the different types of budgets are presented and activities allow you to practice completing a budget and how to monitor and review them.
Financial Capability is a core generic domain on the New Zealand Qualifications Framework. This unit of work also has links to the Social Sciences and Mathematics and Statistics learning areas.
Click here for an Interactive Financial Capability US Matrix
Making It Count: US 28100Download overview
Students taking part will
- How to set financial goals
- Develop short, medium and long-term SMART goals
- Define what a budget is and its value
- Learn budgeting terms
- Complete various weekly and monthly expenditure conversions
- Learn about cash-flow
- Complete a budget
- Research insurance policies
- Develop a long-term plan
- Complete a practice assessment
For access to the detailed Teaching Guide and Student Assessment for this Unit Standard, please contact us via email at: firstname.lastname@example.org