Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSFLT501A Mapping and Delivery Guide
Assist customers to budget and manage own finances
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSFLT501A - Assist customers to budget and manage own finances |
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Description | This unit describes the performance outcomes, skills and knowledge required to assist customers develop basic budgeting skills as a means to managing day-to-day living expenses and working towards identified financial goals and priorities.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement. | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit may be applied within the context of a financial counselling role or educational programs facilitated by financial counsellors or financial institutions within the context of improving consumer financial literacy. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Assist customer to identify financial goals and priorities |
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Element: Discuss the purposes of developing and implementing a personal budget |
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Element: Assist customer to develop a budget |
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Element: Provide ongoing assistance to customer |
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