Unit Award Scheme

PSE018 PERSONAL FINANCE

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	rank order the cost of five given lifestyle expenses, eg house, car, bed, fridge, iron	Student completed work
2	identify three different methods of payment for goods and services	Student completed work
3	identify two reasons for saving money	Student completed work
4	identify the main difference between a current account and a savings account	Student completed work
5	complete an application form to open a current or savings account	Student completed work
6	list one week's personal income and spending	Student completed work
7	make a simple comparison of own income and spending	Student completed work
8	make a contribution to the planning of a fund-raising activity	Summary sheet and/or student completed work
9	participate as a member of a group in a fund-raising activity.	Summary sheet and/or student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 29 July 2010Level - Entry Level