Assessment overview
For this qualification, students must complete one mandatory externally assessed unit to be awarded the Level 3 Award in Personal Finance totalling 30 guided learning hours (GLH).
Content overview
F220 Personal finance
In this unit you will learn how to plan financially to meet your needs at different stages in your life. By identifying different sources of income, and different types of expenditure, you will learn how to budget to meet your financial needs. You will also learn about the different types of financial products and services that are available to help you meet your financial needs, manage financial risks, and where you can access help and guidance. Topics include:
- Topic Area 1: Personal financial activity
- Topic Area 2: Using financial services
- Topic Area 3: Financial planning