3SMO

3SMO - Level 3 Success with Money

Course Description

Teacher in Charge: Mrs A. Scott, Ms G. Bloomfield.

An internally assessed course that draws on Level 3 Personal Financial Management and Law standards to help develop the skills to successfully manage money in real life and to understand how the law influences society.

Course Overview

Term 1
Students will apply their knowledge of justice to a legal case of their interest. They will also learn about how to finance the purchase of property and impacts of interests rates.

Term 2
Students will apply their knowledge of criminal intent and negligence to a legal case of their interest. They will also learn ways to increase personal income and the impacts of this on their tax rates and meeting financial goals.

Term 3
Students will research a recent law change in New Zealand and the process that was followed to make this change. They will also develop an understanding of credit options and benefits and disadvantages of different types of credit.

Term 4
Students will plan a long-term financial goal by working out a budget and contingencies for unforeseen events.

Credit Information

You will be assessed in this course through all or a selection of the standards listed below.

Total Credits Available: 22
Internal Assessed Credits: 22
External Assessed Credits: 0
Assessment
Description
Level
Internal or
External
Credits
L1 Literacy Credits
UE Literacy Credits
Numeracy Credits
U.S. 27840 v3
NZQA Info

Evaluate a concept of justice in relation to an actual situation


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 27843 v3
NZQA Info

Evaluate a concept of law in relation to an actual situation


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 27849 v3
NZQA Info

Evaluate a law making process in relation to a significant legal issue


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28098 v4
NZQA Info

Evaluate options to increase personal income


Level: 3
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28099 v3
NZQA Info

Evaluate credit options and select debt management strategies to manage personal finances


Level: 3
Internal or External: Internal
Credits: 3
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
U.S. 28103 v3
NZQA Info

Analyse and select personal financing options for purchasing a property


Level: 3
Internal or External: Internal
Credits: 4
Level 1 Literacy Credits: 0
University Entrance Literacy Credits: 0
Numeracy Credits: 0
Credit Summary
Total Credits: 22
Total Level 1 Literacy Credits: 0
Total University Entrance Literacy Credits: 0
Total Numeracy Credits: 0