Year 10 Business and Personal Finance
Teacher in Charge: Mr B. Wedlake
10 Business & Personal Financial Skills
In Year 10 Business & Personal Financial Skills, students get to understand the consequences of decisions they might make about their everyday finances. Content includes careers, income & taxes, budgeting, spending & borrowing, saving & investment, insurance, and an introduction to Accounting. Members of this class may also get a subscription to Banqer High software, which enables them to put to use and reinforce the financial skills they learn in class. Financial literacy is being prioritized in schools globally. This course also begins to lay a foundation for Commerce courses such as Accounting and Economics, which students may choose to study in senior school.
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,