Year 10 Business and Personal Finance
Teacher in Charge: Mr B. Wedlake
This course encourages financial understanding. Students learn to make informed and effective decisions about their everyday finances. Topics include Income & Taxation, Budgeting, Saving & Investment, Spending & Borrowing, Insurance, Consumer Rights and an Introduction to Accounting. This is a cross-curricular course including social science, technology and mathematics. Its focus is financial literacy, money-based education.
Shares: introduction to the share market, focusing on shares of NZ companies; students create a portfolio of shares and track these using spreadsheets.
Income: researching careers, required qualifications (cost and time), income and job prospects, taxation; creating and using budgets to manage personal finances
Saving & Investment: focuses on idea of 'paying yourself first'' and covers banking, simple and compound interest plus further options to make savings work for you
Spending & Borrowing: understanding available options to buy and pay; credit options, how they work and what they cost
Insurance: personal insurance, how it works and what it costs
Accounting: introduction to the Accounting Equation and financial statements
Approximate Costs and Equipment/Stationery
Stationery: 1 x 2B8
Other costs: NIL
Accountant, Auditor, Accounts Officer, Actuary, Administration Officer, Finance Manager, Retail Manager, Bank Worker, Hotel/Motel Manager, Farmer/Farm Manager, Debt Collector, Property Manager, Building Contractor, Buyer, Cafe/Restaurant Manager, Motor Vehicle Salesperson, Insurance Claims Officer, Community Development Worker, Event Manager, Quantity Surveyor, Crop Farmer/Manager, Personal Assistant, Media Producer, Financial Adviser, Health Services Manager, Insurance Agent, Mortgage Broker, Office Manager, Payroll Officer, Purchasing/Supply Officer, Real Estate Agent, Secondary School Teacher, Management Consultant, Orchard Farmer/Manager,