Qualification:

Level 1 Award in Personal Money Management

SNAPSHOT
ABC Awards Code A7525-01
Ofqual Code 601/1748/5
Assessment Pass/Fail Only
Total Qualification Time 10
Guided Learning 8
Fee £25.00
QUALIFICATION DESCRIPTION

This qualification teaches learners how to make informed money management choices by exploring the financial responsibilities of living independently, budgeting, personal banking, and borrowing. Learners will complete this qualification with a concrete understanding of the following:

  • Personal money management, including how to identify costs associated with living, different sources of income, deductions from payslips, and different forms of borrowing.
PROGRESSION ROUTES: WHAT'S NEXT

Learners who complete this qualification can progress to larger qualifications at the same or higher level in related subject areas.