Financial education
Challenge reference: 8218
| Notional learning hours | 30 | ||
|---|---|---|---|
| Level | Entry 3 | ||
| Subject area | |||
| Preparing for Adulthood pathway | |||
| Skill | |||
| Learning aim | The learner will develop an awareness of how money is used in the wider world. |
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| Learning context | Please log in to see the rest of this challenge |
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Learning outcomes
What the learner needs to know, understand or be able to do
The learner will:
Assessment criteria
What the learner need to demonstrate in order to meet the learning outcome
The learner can:
- Read at least three money saving scenarios and choose the best place to keep their money in each e.g. You are given £40 for Christmas, where do you put it to keep it safe?
- Read at least three financial risk scenarios and identify a way to avoid each e.g. You receive a phone call from an internet shopping site saying that your account has been used to pay for items totalling £2000 and they would like to confirm your details. What should you do?
- Identify at least two ways that retailers use advertising to influence our shopping habits e.g. Get this fashionable hoodie and be really popular
- Identify the better deal in at least three pairs of adverts for the same product/service, e.g Download this game absolutely free when you subscribe to GameOnline for £5.50 a month for a minimum of three months or Download this game for just £6.99
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