2BMYF

Level 2 Money and Finance

Option Description

Teacher in Charge: Mr T. Broderick.

This course will enable you to confidently manage your finances and the world of money. Students help top select the topics and unit standards that are assessed, based on their interests. Students who successfully work through this course will enable you to gain over 14 credits at Level 2, with a mix of different styles of assessment being used. The course can cover these topics:

 - Bank accounts and services,  budgeting 

- Borrowing, credit and debt

 - Savings and investment including kiwi saver 

- Insurance, income and tax and aspects that you will come across when you leave school. 


Option Overview

Term 1
Internal Assessment 1 - Insurance

Term 2
Internal Assessment 2- Banking and banking services
Internal Assessment 3 - Savings and Investment

Term 3
Internal Assessment 4 - Borrowing and debt
Internal Assessment 5 - Income and tax

Term 4
Complete all assessments

Recommended Prior Learning

Open entry with HOD approval

Pathway

This course leads into a variety of subjects that continue your journey regarding the management of your money.

Career Pathways

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 17
Internal Assessed Credits: 17
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 24695 v4
NZQA Info

Explain taxation and other deductions relating to personal income


Level: 2
Internal or External: Internal
Credits: 2
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28092 v4
NZQA Info

Explain the effect of significant life events on personal income at different life stages


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28093 v4
NZQA Info

Describe tertiary study funding options and potential financial consequences for future choices and responsibilities


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28094 v4
NZQA Info

Produce a household budget, set a financial goal and review and adjust the budget to achieve the goal


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28096 v4
NZQA Info

Explain insurance products as financial risk management strategies for personal finances


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28097 v3
NZQA Info

Explain and select banking products and services in relation to personal finances


Level: 2
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 17
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0

Disclaimer

NCEA Levels 1, 2 & 3 courses will be made up of a selection of the stated standards. This will happen at the beginning of the year with the assigned teacher.