Understanding Personal Income: US 28087

This resource helps teachers deliver the Financial Capability Unit Standard 28087 ‘Demonstrate understanding of the effect of life stages on personal income’ (Level 1, 3 credits). Students will learn about the effect of life stages on personal income including the benefits of planning for changes in income sources at different life stages.

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. 


Click here for an Interactive Financial Capability US Matrix

Understanding Personal Income: US 28087

  • 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

  • Identify life stages 
  • Recognise the effect of life stages on personal income 
  • Develop a financial plan with consideration to life stages 
  • Complete a practice assessment 


For access to the detailed Teaching Guide and Student Assessment for this Unit Standard, please contact us via email at: support@youngenterprise.org.nz

Download includes:

  • Using Financial Capability Unit Standards
  • Activity: 28087 Interactive Student Workbook
  • Helpful information