Basic skills in managing a budget

Challenge reference: 8105

Notional learning hours  10
Level WTE1
Subject area
Preparing for Adulthood pathway
Skill
Learning aim

The learner will be able to understand that a budget means how much money they have to spend and be able to identify an item that they can buy within this budget.

Learning context

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Learning outcomes

What the learner needs to know, understand or be able to do

The learner will:

  1. Be able to identify basic language used to compare the cost of items.

  2. Be able to demonstrate understanding that you are unable to purchase items that you do not have enough money for.

Assessment criteria

What the learner need to demonstrate in order to meet the learning outcome

The learner can:

    • Identify the cheapest item from a choice of two, using language such as least, cheapest, less, lowest
    • Identify the most expensive item from a choice of two, using language such as most, more, highest
    • Answer yes or no when asked if they have enough money for a specific item
    • Answer yes or no when asked if they would be allowed to buy an item that they did not have enough money to pay for