Unit Award Scheme

115374 FINANCIAL MANAGEMENT (UNIT 5): SAVINGS

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	at least two reasons why people save	Summary sheet
2	the importance of having savings	Summary sheet
3	two different ways to save	Summary sheet
4	why people save for emergencies	Summary sheet
5	the 50/30/20 rule	Summary sheet
6	two possible consequences of not saving	Summary sheet
7	the fact that savings can acquire interest	Summary sheet
8	what investments are.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 24 May 2021Level - Entry Level