Unit Award Scheme

117395 INTRODUCTION TO PERSONAL FINANCE

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	identify three different methods of payment	Summary sheet
2	identify two reasons for saving money	Summary sheet
3	identify the main differences between a current account and a savings account	Summary sheet
4	identify the names of at least three high street banking facilities	Summary sheet
shown knowledge of
5	what a PIN number is and the number of digits it has	Summary sheet
6	the difference between needs and wants	Summary sheet
7	the importance of being able to budget	Summary sheet
8	at least three dangers of using pay day loans and loan sharks.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 13 June 2022Level - Entry Level