Unit Award Scheme

122637 INTRODUCTION TO FINANCE: COST OF LIVING

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	briefly explain the term 'cost of living'	Summary sheet and/or student completed work
2	identify at least four items or requirements that need paying for in relation to the cost of living	Summary sheet and/or student completed work
3	identify three ways to save money with household bills and utilities	Summary sheet and/or student completed work
4	briefly explain what council tax is and the key things this pays for	Summary sheet and/or student completed work
5	briefly explain the key features of house insurance	Summary sheet and/or student completed work
6	estimate how much a weekly shop would cost.	Summary sheet and/or student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 4 December 2024Level - Entry Level