Additional Resources
NatWest MoneySense /
Below are some additional resources fromNatWest’s MoneySense for Schools which learners can complete during the course ( 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 ResourcesLearning Outcomes
The learner will: / Assessment Criteria
The 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 / Money for Life (14-18) / 4 Life Choices / Wsheet2 - Your job
2 Understand how career choice affects personal finance / 2.1 explain how career choice affects financial stability / Money for Life (14-18) / 4 Life Choices / Wsheets 8, 9 &10 – My future my money
Wsheet 11- Life Choices
Wsheet 12- Circle of Life
3 Know qualifications and earnings for career choices / 3.1 describe qualifications and earnings for preferred careers
Unit 2 / Managing Money Matters / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
1 Know how to pay for goods and services / 1.1 describe differentways to pay for different goods and services / Bank On It(11-14) / 2 It’s your turn to get banking / Wsheet 4 – Using an ATMWsheet 5 - Services offered by ATMs
Wsheet 6 – Cheques
Wsheet 7 – Filling in ChequeWsheets 9 & 10 – Paying with PlasticWsheet 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 DilemmaWsheet 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
3 Be able to plan a personal budget / 3.1 present a personal budget for a month / Bank On It (11-14)
Money for Life (14-18) / 3 Balancing Act
1 Samara’s Student Budget / Wsheet 3 – It’s your turn to manage your money
Wsheet 1 – Meet Samara
Wsheet 2 – Samara’s spending
Wsheet 4 – Your own budgetWsheets 5 & 6– The weekly shop
3.2 identify ways savings can be made in a personal budget
Unit 3 / Support with Money Matters / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
1 Know financial benefits available for designated groups of people / 1.1outline financial support for students / Money for Life (14-18) / 1 Samara’s Student Budget / Wsheet 3 – Sources of student income
1.2identify financial support for people unable to work
2 Understand debt management / 2.1 explain reasons for planned borrowing / The Credit File (11-14) / 1 Saving and Borrowing / Wsheet 1 – Raising Money
Wsheet 2 – The Cost of Borrowing
Wsheet 3- Debt DilemmasWsheet 4 – A National IssueWsheet 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
2.3 identify sources of support for managing debt / The Credit File (11-14) / 3 Dealing with debt / Wsheet 1 – Getting into debt
Wsheet 3 - Getting out of debt
Wsheet 4 – Spread the WordWork sheet quiz and answer check
Unit 4 / National and Global Money Matters / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
1 Know about taxation / 1.1identify 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 ethically
2.2 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 money
3.2 calculate currency exchanges for different countries using money calculators
Unit 5 / Planning an Enterprise Activity / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
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 / We’re in Business (11-14) / 1 Grand Opening
2 The Project Manger / Wsheet 2- Allocating Team roles
Wsheets 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 / We’re in Business(11-14) / 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
3 Know appropriate promotional techniques / 4.1 provide appropriate promotional materials / We’re in Business(11-14) / 1 Grand Opening
5 The Marketing Executive / Wsheet 5 – Dreaming up name
Wsheet 6 – To theme or not to theme?
Wsheet 1 – Putting out the word
Wsheet 2 – Marketing Planner
Wsheet 3 - Invite a CelebrityWsheet 4 – Get Designing
Unit 6 / Running an Enterprise Activity / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
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 / We’re in Business (11-14) / 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
Unit 7 / Working and Earning / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
1 Understand earnings / 1.1explain what affects the amount an individual earns
1.2explain 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 / Money for Life (14-18) / 4 Life Choices / Wsheets 8, 9 &10 – My future my money
Wsheet 11- Life Choices
Wsheet 12- Circle of Life
3.2 explain how different employment types affect financial stability / Money for Life (14-18) / 4 Life Choices / Wsheets 13 & 14 – Financial Implications
Unit 8 / Saving and Spending / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
1 Know how to save money / 1.1suggest ways to save money which apply to different aspects of own lifestyle / Money for Life(14-18) / 4 Life Choices
2Paul the Plumber / Wsheets1, 3, 4, 5 ,6 &7– Staying in Control
Wsheet 6 – Savings
Wsheet 7 – Pensions
2.1suggest 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
3 Understand sources of financial support for students / 3.1explain financial benefits for students / Money for Life (14-18) / 1 Samara’s Student Budget / 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)
Money for Life (14-18) / 4Making Your Money Work for you
1 Samara’s Student Budget / Wsheet1 – Budgeting for a holiday 1
Wsheet2– Budgeting for a holiday 2
Wsheet 3 – Your personal budget
Wsheet 1 – Meet Samara
Wsheet 2 – Samara’s spending
Wsheet 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 / Money for Life(14-18) / 4 Life choices / Wsheet 3, 4, 56 & 7– Staying in Control
Unit 9 / Borrowing Money and Managing Risk / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
1 Understand the risks when borrowing money / 1.1compare ways of borrowing money for expensive items / Bank on it(14-16)
The Credit File(14-16)
Money For Life(14-18) / 4. To borrow or not to Borrow?
2Lenders
3 Eve and Jason’s Mortgage / Wsheet 1 &2– Borrowing
Wsheets 1, 2, 3 &4- Types of Money Lender
Wsheet 1 – Meet Eve + video
Wsheet 2 – Mortgage planning
Wsheet 3 –Mortgage repayments
2.1describe the risks involved in borrowing money / The Credit File(14-16) / 1 Saving and Borrowing
3Adam’s Story
4 Jessica’s Story / Wsheet 1 – Raising Money
Wsheet 2 – The cost of Borrowing
Wsheets 1&2 – Meet Adam
Wsheet 3 – Moving out
Wsheet 4 – What is APR?
Wsheets 6, 7 & 8 – Borrowing Options
Wsheet 1 – Meet Jessica
Wsheets 2 &3 – Jessica’s budget
Wsheets 4 &5 Pro and Cons
2.2explain different types of debt / The Credit File(14-16) / 1 Saving and Borrowing / Wsheet 3 Debt Dilemmas
Wsheet 5 – A National Issue
Quiz
2.3illustrate ways to avoid unnecessary debt
2 Understand the need for insurance / 2.1 explain the purpose of different types of insurance
Unit 10 / Using Methods of Payment / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
1 Understand forms of payment for goods and services / 1.1describe different forms of payment / Bank On It (14-16) / 2 It’s your turn to get banking / Wsheet 4 – Using an ATM
Wsheet 5 - Services offered by ATMs
Wsheet 6 – Cheques
Wsheet 7 – Filling in Cheque
Wsheet 9 & 10 – Paying with Plastic
Wsheet 11 – Debit Cards
1.2compare advantages and disadvantages of different types of payment
1.3select appropriate forms of paymnt fr diff goods servs
2 Understand regular payment methods / 2.1 explain ways of making regular payments / Bank On It (14-16) / 2 It’s your turn to get banking / Wsheet 12 – Internet Banking 1
Wsheet 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 banking
3 Balancing Act / Wsheet 14 – Internet Banking 3
Wsheet 1- Bank Statements
Wsheet 2 – Understanding a Bank Statement
Wsheet 3 – Its your turn to manage money
Wsheet 4 – Your Statement
Unit 11 / Using Money Abroad / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
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 abroad
2.2 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
Unit 12 / Using Money to Help Others / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
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 charity
2.2 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
3.2 assess effectiveness of own contribution to the activity
Unit 13 / Economic and Business Understanding / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
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
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 employers
3.2 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
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / Module / Topic / Worksheets
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 / We’re in Business ( 14-16) / 1 Grand Opening / Wsheet 5 – Dreaming up a name
Wsheet 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 / We’re in Business ( 14-16) / 1 Grand Opening
2 The Project manager
3The Finance Officer
4The Catering Consultant
5The Marketing Executive / Wsheet 2 – Allocating Team roles
Wsheet 1 – The project begins!
Wsheet1 – Keeping track of the budget
Wsheet 3 – Costings Sheet
Wsheet 1 – the menu
Wsheets 2&3 – Menu Costings sheet
Wsheet 1 – Putting out the word
Wsheet 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
Unit 15 / Running an Enterprise Activity / NatWest MoneySense for Schools Resources
Learning Outcomes
The learner will: / Assessment Criteria
The learner can: / 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 / We’re in Business ( 14-16) / 7 Planning Ahead / Wsheet 1- Business planning
Wsheet 2 – Up and Running
Wsheets 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
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