Unit Award Scheme

121549 UNDERSTANDING MONEY AND BUDGET (UNIT 1)

In successfully completing this unit, the Learner will have

Evidence needed

demonstrated the ability to

1identify two different methods of paymentSummary sheet
2identify two reasons for saving moneySummary sheet
3identify three high street banks from their logosSummary sheet
4identify two places where their money can be kept safelySummary sheet

shown knowledge of

5the key difference between wants and needsSummary sheet
6the key reasons why being able to budget is important.Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 10 July 2024Level - Entry Level