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Money & Finance Skills Additional Resources

NatWest MoneySense

Below are some additional resources from NatWest’s MoneySense for Schools which learners can complete during the course (http://moneysense.natwest.com/schools). We have indicated which part of the Unit they are suitable for, but note they don’t satisfy the Assessment Criteria - tutors are required to write their own assignments or use those provided by Edexcel or the Nationwide Education Student Log .

Unit 1 Money Matters for Career Planning

NatWest MoneySense for Schools Resources

Learning OutcomesThe learner will:

Assessment CriteriaThe learner can:

Module Topic Worksheets

1 Know how earnings are calculated

1.1 describe differences in ways individuals are paid

1.2 outline information about deductions made from earnings

Money for Life (14-18)

2 Paul the plumber Wsheet 1 – Meet Paul Wsheets 2 , 3 & 4– Paul’s Payslip

1.3 calculate take-home pay for different earnings


4 Life Choices Wsheet 2 - Your job

2 Understand how career choice affects personal finance

2.1 explain how career choice affects financial stability


4 Life Choices Wsheets 8, 9 &10 – My future my money Wsheet 11- Life ChoicesWsheet 12- Circle of Life

3 Know qualifications and earnings for career choices

3.1 describe qualifications and earnings for preferred careers


NatWest MoneySense

Unit 2 Managing Money Matters NatWest MoneySense for Schools Resources




1 Know how to pay for goods and services

1.1 describe different ways to pay for different goods and services

Bank On It (11-14)

2 It’s your turn to get banking

Wsheet 4 – Using an ATM Wsheet 5 - Services offered by ATMsWsheet 6 – ChequesWsheet 7 – Filling in Cheque Wsheets 9 & 10 – Paying with Plastic Wsheet 11 – Debit Cards

2 Understand saving 2.1 explain reasons to save Bank on it (11-14)

The Credit File (11-14)

1 What do banks do?

1 Saving and Borrowing

Wsheet 1 – Joe’s Dilemma Wsheet 2 –Vox Pops Wsheet 1 – Raising Money

2.2 review methods of saving Money for Life (14-18)

2 Paul the plumber Wsheet 7 – Pensions


NatWest MoneySense

3 Be able to plan a personal budget

3.1 present a personal budget for a month

Bank On It (11-14)


3 Balancing Act

1 Samara’s Student Budget

Wsheet 3 – It’s your turn to manage your moneyWsheet 1 – Meet Samara Wsheet 2 – Samara’s spending Wsheet 4 – Your own budget Wsheets 5 & 6– The weekly shop

3.2 identify ways savings can be made in a personal budget


NatWest MoneySense

Unit 3 Support with Money Matters NatWest MoneySense for Schools Resources




1 Know financial benefits available for designated groups of people

1.1 outline financial support for students



Wsheet 3 – Sources of student income

1.2 identify financial support for people unable to work

2 Understand debt management

2.1 explain reasons for planned borrowing



Wsheet 1 – Raising Money Wsheet 2 – The Cost of Borrowing Wsheet 3- Debt Dilemmas Wsheet 4 – A National Issue Wsheet 5 – Is Debt always a bad thing?

2.2 outline ways to borrow money for expensive items

The Credit File(11-14)

2 Lenders Wsheets 1, 2 & 3 - Lenders Wsheet 4 – Lender’s Quiz


NatWest MoneySense

2.3 identify sources of support for managing debt


3 Dealing with debt Wsheet 1 – Getting into debt Wsheet 3 - Getting out of debt Wsheet 4 – Spread the Word Work sheet quiz and answer check


NatWest MoneySense

Unit 4 National and Global Money Matters





1 Know about taxation 1.1 identify different taxes No resources for any of this Unit

1.2 outline the services provided by taxes

2 Understand ethical shopping

2.1 explain reasons to shop ethically2.2 describe ways to make ethical choices when shopping

3 Understand about exchanging currencies

3.1 describe why it is important to know exchange rates before changing money3.2 calculate currency exchanges for different countries using money calculators


NatWest MoneySense

Unit 5 Planning an Enterprise Activity NatWest MoneySense for Schools Resources




1 Know how to select a suitable enterprise activity

1.1 describe the strengths and weaknesses of generated ideas for an enterprise activity

We’re in Business (11-14)

1 Grand Opening Wsheet 1 – The brief

2 Know appropriate roles and skills required for the enterprise activity

2.1 list roles and the practical and personal skills required for the enterprise activity


1 Grand Opening

2 The Project Manger

Wsheet 2- Allocating Team rolesWsheets 3 &4 – Personality and Skills Quiz

Wsheet 1 – The project begins!

3 Understand the costs involved in producing and selling a product or service

3.1 use basic calculations to show the cost of items and processes related to producing and selling the product or service

We’re in Business(11-14)

4 The Catering Consultant

Wsheet 1 – The menu Wsheets2 &3 – Menu Costings sheet

3.2 use basic calculations to show the final pricing of the product or service


3 The Finance Officer

6 The Final Presentation

Wsheet 1- Keeping track of the budget Wsheet 3 - Costings Sheet

Wsheet 1 – Keeping on track – taking advice


NatWest MoneySense

3 Know appropriate promotional techniques

4.1 provide appropriate promotional materials


1 Grand Opening

5 The Marketing Executive

Wsheet 5 – Dreaming up nameWsheet 6 – To theme or not to theme?

Wsheet 1 – Putting out the word Wsheet 2 – Marketing PlannerWsheet 3 - Invite a Celebrity Wsheet 4 – Get Designing


NatWest MoneySense

Unit 6 Running an Enterprise Activity NatWest MoneySense for Schools Resources




1 Know how to increase the likelihood of success in an enterprise activity

1.1 describe features which would lead to the effective delivery of a chosen enterprise activity


2 The project manager

5 The marketing Executive

Wsheet 1 – The Project Begins

Wsheet 1 – Putting out the word Wsheet 2 – Marketing Planner

2 Be able to complete an enterprise activity

2.1 demonstrate selling a product or service, taking into account the practical and personal skills needed

3 Be able to review the success of the enterprise activity

3.1 produce records to show the success and failures of the enterprise activity


NatWest MoneySense

Unit 8 Saving and Spending NatWest MoneySense for Schools ResourcesLearning OutcomesThe learner will:



1 Know how to save money 1.1 suggest ways to save money which apply to different aspects of own lifestyle


4 Life Choices

2 Paul the Plumber

Wsheets 1, 3, 4, 5 ,6 &7– Staying in Control Wsheet 6 – SavingsWsheet 7 – Pensions

2.1 suggest a savings account which meets own needs

2 Understand government benefits available to designated groups of people unable to work

2.1 explain financial benefits provided for people unable to work

Unit 7 Working and Earning NatWest MoneySense for Schools ResourcesLearning OutcomesThe learner will:



1 Understand earnings 1.1 explain what affects the amount an individual earns

1.2 explain the difference between a salary and a wage

2 Understand deductions shown on a payslip

2.1 explain the difference between gross and net pay

2.2 give examples of how income tax is calculated

Money for Life(14-18)

4 Life Choices Wsheet 2 - Your job

2.3 outline why National Insurance contributions are deducted from pay

3 Understand how choice of career can affect financial stability

3.1 compare earnings of different career choices


4 Life Choices Wsheets 8, 9 &10 – My future my money Wsheet 11- Life ChoicesWsheet 12- Circle of Life

3.2 explain how different employment types affect financial stability


4 Life Choices Wsheets 13 & 14 – Financial Implications


NatWest MoneySense

3 Understand sources of financial support for students

3.1 explain financial benefits for students



Wsheet 3 – Sources of student income

4 Know how to balance a personal budget

4.1 prepare a plan showing a personal income and expenditure for a month

Bank On It (14-16)


4 Making Your Money Work for you


Wsheet1 – Budgeting for a holiday 1Wsheet2– Budgeting for a holiday 2Wsheet 3 – Your personal budget

Wsheet 1 – Meet SamaraWsheet 2 – Samara’s spendingWsheet 4 – Your own budget Wsheets 5 & 6– The weekly shop

4.2 prepare a forecast for a designated period which estimates income and expenditure

Bank On It (14-16)

5 Making Your Money Work for you

Wsheet 4 – Filling in a budget planner Wsheet 5 – Amending your budget

4.3 identify strategies to ensure income does not exceed expenditure


4 Life choices Wsheet 3, 4, 5 6 & 7– Staying in Control


NatWest MoneySense

Unit 9 Borrowing Money and Managing Risk





1 Understand the risks when borrowing money

1.1 compare ways of borrowing money for expensive items

Bank on it (14-16)


Money For Life (14-18)

4. To borrow or not to Borrow?

2 Lenders

3 Eve and Jason’s Mortgage

Wsheet 1 &2 – Borrowing

Wsheets 1, 2, 3 &4- Types of Money Lender

Wsheet 1 – Meet Eve + videoWsheet 2 – Mortgage planning Wsheet 3 –Mortgage repayments

2.1 describe the risks involved in borrowing money



Wsheet 1 – Raising MoneyWsheet 2 – The cost of


NatWest MoneySense

3Adam’s Story

4 Jessica’s Story

Borrowing

Wsheets 1&2 – Meet AdamWsheet 3 – Moving outWsheet 4 – What is APR? Wsheets 6, 7 & 8 – Borrowing Options

Wsheet 1 – Meet JessicaWsheets 2 &3 – Jessica’s budgetWsheets 4 &5 Pro and Cons

2.2 explain different types of debt



Wsheet 3 Debt DilemmasWsheet 5 – A National IssueQuiz

2.3 illustrate ways to avoid unnecessary debt

2 Understand the need for insurance

2.1 explain the purpose of different types of insurance


NatWest MoneySense

Unit 10 Using Methods of Payment NatWest MoneySense for Schools ResourcesLearning OutcomesThe learner will:



1 Understand forms of payment for goods and services

1.1 describe different forms of payment

Bank On It (14-16)


Wsheet 4 – Using an ATMWsheet 5 - Services offered by ATMsWsheet 6 – ChequesWsheet 7 – Filling in ChequeWsheet 9 & 10 – Paying with PlasticWsheet 11 – Debit Cards

1.2 compare advantages and disadvantages of different types of payment

1.3 select appropriate forms of


NatWest MoneySense

paymnt fr diff goods & servs2 Understand regular payment methods

2.1 explain ways of making regular payments

Bank On It (14-16)


Wsheet 12 – Internet Banking 1Wsheet 13 – Internet Banking 2

3 Know how payments for goods and services are recorded

3.1 describe documents needed to keep track of payments

Bank On It (14-16)

2 It’s .. get banking3 Balancing Act

Wsheet 14 – Internet Banking 3Wsheet 1- Bank Statements Wsheet 2 – Understanding a Bank StatementWsheet 3 – Its your turn to manage moneyWsheet 4 – Your Statement

Unit 11 Using Money Abroad NatWest MoneySense for Schools ResourcesLearning OutcomesThe learner will:



1 Understand foreign currencies

1.1 explain why currencies fluctuate

2 Understand how to manage money abroad

2.1 compare ways to pay for good s and services abroad2.2 explain how to ensure financial safety abroad

3 Be able to plan costs for a trip abroad

3.1 estimate costs for a trip abroad within a given budget

Interactive game -

Holiday Planner - The true cost of a dream holiday


NatWest MoneySense

Unit 12 Using Money to Help Others NatWest MoneySense for Schools ResourcesLearning OutcomesThe learner will:



1 Understand ethical spending 1.1 examine different factors which influence how people spend money

No resources for any of this Unit

1.2 explain ways to shop ethically

2 Understand giving to charities

2.1 identify ways to give to charity2.2 review the activities of one charity

3 Be able to raise funds for a charity

3.1 as a group, participate in a fund-raising activity for a charity


NatWest MoneySense

3.2 assess effectiveness of own contribution to the activity

Unit 13 Economic and Business Understanding





1 Know about changing patterns of employment and their effect on learning and work opportunities

1.1 describe changing patterns of local, national, European and global employment

No resources for any of this Unit

1.2 outline the effect of changing patterns of employment on learning and work opportunities

2 Understand the organisation of economic and business environments

2.1 discuss economic and business environments 2.2 explain economic and business terms


NatWest MoneySense

2.3 explain ways in which businesses use finance

3 Know the skills and qualities required by employers

3.1 identify the skills and qualities required by employers3.2 describe how own the skills and qualities can be developed and adapted to suit needs of employers

Unit 14 Planning an Enterprise Activity NatWest MoneySense for Schools Resources




1 Understand how to choose a viable enterprise activity

1.1 describe key aspects of a viable product or service

We’re in Business ( 14-16)

1 Grand Opening Wsheet 1 – The brief

1.2 describe why people might want to buy their product or service


1 Grand Opening Wsheet 5 – Dreaming up a nameWsheet 6 – To theme or not to theme?

2 Draw upon a plan for an enterprise activity

2.1 prepare a plan for implementing for an enterprise activity


1 Grand Opening

2 The Project

Wsheet 2 – Allocating Team roles

Wsheet 1 – The project begins!


NatWest MoneySense

manager

3 The Finance Officer

4 The Catering Consultant

5 The Marketing Executive

Wsheet1 – Keeping track of the budgetWsheet 3 – Costings Sheet

Wsheet 1 – the menuWsheets 2&3 – Menu Costings sheet

Wsheet 1 – Putting out the wordWsheet 2 Marketing Planner

3 Understand the risks involved in running the enterprise activity

3.1 assess the main risks that may occur in implementing the enterprise activity


NatWest MoneySense

Unit 15 Running an Enterprise Activity NatWest MoneySense for Schools Resources



Module Topic Worksheets and onscreen activities

1 Be able to provide a strategy to ensure the success of an enterprise activity

1.1 explain the features of an effective strategy to ensure success for their enterprise activity


7 Planning Ahead Wsheet 1- Business planningWsheet 2 – Up and RunningWsheets 3 &4 – Looking ahead

2 Be able to complete an enterprise activity using appropriate skills and procedures

2.1 demonstrate selling the product or service, taking into account the practical and personal skills needed, including customer care procedures 2.2 explain the importance of handling money correctly in an enterprise activity


NatWest MoneySense

3 Be able to evaluate the success of the enterprise activity

3.1 use financial records to explain the reasons for the success or failure of the enterprise activity

4 Know how to review their personal involvement in an enterprise activity

4.1 describe their role in the enterprise activity and any skills they have gained

mapping money and finance skills units to natwest ...€¦ · web view5 the marketing executive...

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