Personal Finance & Money Management

Why study Personal Finance & Money Management?

This option will provide you with the skills and knowledge to manage your money well and make sound financial decisions. It will help prepare you for financial independence at university, at work and beyond.

You’ll learn about the financial crisis and resulting recession, how to make the most of your money, to live within your means and strategies of how to obtain assets and increase your individual wealth.

Entry requirements

No specific entry requirements

Costs

There are no additional costs

Where can I find out more?

See Mr Morris (Subject Team Leader of Business/Economics) or Miss Wootten (current Personal Finance teacher)

How is the course organised?

The topics covered within the course include:

Financial management:

• Personal financial planning
• Budgeting and financial management tools for managing money
• Spending and borrowing

Public finance and the economy:

• Social, political and cultural factors
• Tax, political institutions and processes
• Impacts on individuals, businesses and society
• Exchange rates and trade

Assessment

There will be tests as the course progresses and students will have the option to enter and be certificated with the Level 2 Award in Financial Education (AiFE), awarded by the London Institute of Banking & Finance.

Time commitment

1 taught hours per week.