Manage personal finances
Description
PURPOSE OF THE UNIT STANDARD |
Learners credited with this unit standard are able to manage personal
finances. · Understand personal finance. · Plan and prepare a personal budget. · Operate a personal bank account. |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
It is assumed that learners are competent in: · Communication at ABET Level 3. · Mathematical Literacy at ABET Level 3. |
UNIT STANDARD RANGE |
· The scope of this unit standard is for any person who needs to manage his or her personal finances. · In the context of this unit standard, personal finances includes, but is not limited to, earnings, other income, inflation, savings, financial planning, taxes, expenditure, statutory and other deductions. |
US ID | Unit Standard Title | Old NQF Level | New NQF Level | Credits | Replacement Status |
12509 | Manage personal finances | Level 1 | NQF Level 01 | 8 | Complete |
Course Content
Announcements
Understand personal finance
Understand personal finance
Personal budget
Plan and prepare a personal budget
Operate a personal bank account
Operate a personal bank account
Assessment
Certificate