Unit Award Scheme

120030 PERSONAL FINANCE

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	work out change when paying for an item on at least two occasions	Summary sheet
experienced
2	creating a budget from a given scenario	Summary sheet
3	applying knowledge of the two times tables by working out 'half price' offers	Student completed work
4	checking the total cost on the receipt and checking if the correct change has been given	Summary sheet
demonstrated the ability to
5	identify at least four outgoings a person would have to pay for if living independently	Summary sheet
6	compare the cost of at least two items through research	Summary sheet
7	add two prices (whole numbers) together and calculate the total cost	Summary sheet
shown knowledge of
8	distinguishing between coins, notes, a bank card and loyalty cards	Summary sheet
9	two different types of vocabulary related to finance and common transactions	Student completed work
10	at least three consequences of debt.	Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 5 December 2023Level - Entry Level