Money Management
NCFE Level 1 Award in Personal Money Management (QCF)
This programme provides practical, step-by step advice on how to manage personal finances. Working through this course enables pupils to learn key skills on how to manage their money, helping them to avoid financial problems in the future and enjoy a better quality of life.
Course details
In this course, learners will need to work through the unit to achieve the Award.
Unit one: Personal Money Management
- Recording income and expenditure
- Saving money
- The importance of money management
- Avoiding debt
- Bank accounts and statements
- Understanding pay slips
- The benefits of saving
- Understanding the term ‘significant expenditure’
- The costs involved in making a significant purchase
- Making purchasing decisions
- Exploring insurance options.
Vision2learn learning materials access fee for 2012/13 :
Option 1 – 12 months unlimited access£5,750 plus VAT
Option 2 – 24 months unlimited access
£9,975 plus VAT
NCFE Registration and Certification: £30
Qualification Aim Number (QAN): 50086248
Section 96: <16 / 16-18 / 18+
14-19 curriculum information:
Contr. to Level 1 threshold: 5%
Point score: 6.25
Other life skills options: