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ABOUT THIS COURSE
ABOUT THIS COURSE
NCEA Level 2 Financial Literacy helps students develop the knowledge and practical skills needed to make informed financial decisions in real-life situations. The course focuses on understanding how money works personally and within society, including managing personal finances through budgeting, saving, spending, and setting financial goals. Students also explore financial products such as loans, credit cards, insurance, and investments, while learning to analyse financial decisions by weighing risks, benefits, and long-term impacts. They interpret financial information like payslips, interest rates, contracts, and financial statements, and apply financial concepts to real-world scenarios such as flatting, buying a car, or planning long-term savings. Overall, the course equips students with practical financial skills that support independence, responsible decision-making, and future planning.
NCEA Level 2 Financial Literacy helps students develop the knowledge and practical skills needed to make informed financial decisions in real-life situations. The course focuses on understanding how money works personally and within society, including managing personal finances through budgeting, saving, spending, and setting financial goals. Students also explore financial products such as loans, credit cards, insurance, and investments, while learning to analyse financial decisions by weighing risks, benefits, and long-term impacts. They interpret financial information like payslips, interest rates, contracts, and financial statements, and apply financial concepts to real-world scenarios such as flatting, buying a car, or planning long-term savings. Overall, the course equips students with practical financial skills that support independence, responsible decision-making, and future planning.
What should I have already achieved?
What should I have already achieved?
By the time students begin Level 2 Financial Literacy, they should already have a solid foundation in managing everyday money decisions. This includes being able to make a simple budget, track spending, and understand the difference between needs and wants. They are expected to have basic awareness of common financial products such as bank accounts, debit cards, and how simple interest works. Students should also recognise that financial choices have consequences and know where to seek reliable advice. Additional skills like using spreadsheets or having early knowledge of credit and income are helpful, but not essential.
What will I learn?
What will I learn?
US28092 – Personal Budgeting
Learn to create and manage a personal budget, track income and expenses, and make informed financial decisions.
US28093 – Banking and Financial Services
Understand different financial products and services, including bank accounts, debit cards, and online banking, and how to use them effectively.
US28094 – Credit and Loans
Explore how credit and loans work, including interest, repayment, and the consequences of borrowing.
US28095 – Insurance and Risk Management
Learn about different types of insurance, why insurance is important, and how to make decisions to manage financial risk.
US28096 – Saving and Investment
Understand saving and investment options, how to plan for short- and long-term goals, and how money can grow over time.
US28097 – Financial Decision-Making
Develop skills to analyse financial information, weigh risks and benefits, and make informed decisions about money.
Career Pathways
Career Pathways
The skills you gain in Level 2 Financial Literacy are highly transferable into a range of other subjects, career pathways, and opportunities.
Banking & Finance – Bank teller, financial advisor, investment analyst.
Accounting & Bookkeeping – Payroll officer, accounts assistant, tax advisor.
Insurance & Risk Management – Insurance broker, risk analyst, claims officer.
Business & Entrepreneurship – Business manager, entrepreneur, financial planner.
Economic Planning & Analysis – Policy analyst, economic advisor, market researcher.
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