11MSM

Year 11 Money Smart

Course Description

This course looks at some practical money concepts, including understanding what is meant by debt, and how it impacts on them personally. They will also look at the benefits of saving and investment options that are available to them. Students will develop a financial awareness of how to use money wisely and be aware of future consequences.

Learning Opportunities

In this course you will need to:

Develop these skills:Explore this content:
  • Research primary and secondary sources.
  • What actually is debt? Is all debt bad? How can I manage my debt? 
  • Make reasoned rational decisions.
  • What is credit and who provides the credit to me or my whānau?
  • Communicating economic ideas and opinions through critical thinking.
  • What are shares? Buy and sell shares in a virtual world.

  • Basic accounting preparation and interpretation of financial terms.

  • Understanding kiwisaver, shares, property and other investment options.



Resources Required

1 Folder
1 A4 Lined Refill Pad

Credit Information

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

Total Credits Available: 6
Internal Assessed Credits: 6
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 28088 v3
NZQA Info

Describe credit and debt and their impacts on personal finances


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28090 v4
NZQA Info

Demonstrate knowledge of selected personal financial saving and investment options that provide financial benefits


Level: 1
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 6
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0