Unit Award Scheme

115365 BASIC FINANCIAL MANAGEMENT (UNIT 4): INDEPENDENT LIVING

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	identify the difference between incoming and outgoing funds	Summary sheet
shown knowledge of
2	at least two essential and two non-essential spends	Summary sheet
3	why they should save for emergencies	Summary sheet
4	two basic bills a person would need to pay if living independently.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 24 May 2021Level - Pre-Entry Level