12MMG

Year 12 Money Management (12MMG)

Course Description

Teacher in Charge: Mrs D. Reyneke

Most adults weren't taught about money at home or in school.  This course introduces strategies on how to manage money and create financial freedom for students while they are young so they don't have to learn the hard way!  If teens aren't learning about money and investing in school or at home and this doesn't change, we are going to continue having economic challenges as individuals and families forever.  The skills taught in this course will equip students on budgeting, insurance, investing, taxation and retirement saving like KiwiSaver.

This course leads you to make smart decisions about your personal finances and eventually make investments that can make you financially independent when you retire.

Course Overview

Term 1
Term 1- US 24699 Personal income
- US 28098 Increase personal income

Term 2
Term 2 - US 24695 Taxation
- US 29097 Banking

Term 3
Term 3 - US 28096 Insurance
- US 28094 Budgets

Term 4
Term 4 - US 28094 complete budgets

Pre-requisites

None. 

Contributions and Equipment/Stationery

$16.00

Credit Information

Total Credits Available: 13 credits.
Internally Assessed Credits: 13 credits.

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. 24699 v4
NZQA Info
Make an informed decision relating to personal income and explain its impacts
Level: 2
Internal or External: Internal
Credits: 2
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
U.S. 28098 v4
NZQA Info
Evaluate options to increase personal income
Level: 3
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 13
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0