Managing your Money: US 24709

This resource helps teachers deliver the Financial Capability Unit Standard 24709 ‘Produce a balanced budget to manage personal finances’ (Level 1, 3 Credits). Students will learn about producing a balanced budget to manage personal finances. You will learn about a range of budgeting terms and the workbook will take you through various budget formats and the steps necessary to develop a written budget. The significance of goals and priorities for individuals when creating a budget are also outlined.

This resource is currently being updated ready for the start of term - broken links fixed and updated content. You can download now but please check you have the latest version before using it in the classroom.

Curriculum links

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. 

Managing your Money: US 24709

  • Year 11-13
  • 25-30 hrs
  • Mathematics and Statistics
    Social Sciences
    Level 1 Financial Capability Unit Standard
  • Free to NZ schools
  • Led by teachers
    Training Available
Download overview

Students taking part will

  • Learn about ways to keep and monitor a budget 
  • Explain the difference between income and budget 
  • Understand and use budgeting terms 
  • Distinguish between fixed and variable payments 
  • Understand needs versus wants 
  • Work with budget formats 
  • Convert all income and expenses to weekly amounts 
  • Using online tools to prepare budgets 
  • Monitor a budget 
  • Practice tasks for producing a balanced budget
  • Complete a practice assessment


For access to the detailed Teaching Guide and Student Assessment for this Unit Standard, please contact us via email at: 

Download includes:

  • Activity: 24709 Interactive Student Workbook