Unit Award Scheme

118348 MANAGING MONEY

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	at least two different sources of income	Summary sheet
2	the difference between essential and non-essential spending, and how personal choice influences the balancing of needs and wants	Summary sheet
3	at least two purposes of budgeting and how to create a simple budget sheet	Summary sheet
4	how to accurately convert a weekly cost into a monthly cost	Summary sheet
5	at least two different techniques for saving money	Summary sheet
6	where to go for support with budgeting or money concerns.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 23 November 2022Level - Entry Level