Assist customers to budget and manage own finances

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFLT501A, 'Assist customers to budget and manage own finances'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Assist customers to budget and manage own finances' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

1. Assist customer to identify financial goals and priorities

1.1. An understanding of the customer's financial situation is gained through discussion and interview of the customer

1.2. Customer is assisted to identify short, medium and long term financial goals that are specific, realistic and achievable

1.3. Financial priorities are identified and agreed upon with the customer and take into consideration all aspects of the financial situation

2. Discuss the purposes of developing and implementing a personal budget

2.1. Budgeting as a means to planning for the payment of regular and irregular expenses is discussed with the customer

2.2. Budgeting as a savings and behaviours and skills required to implement and monitor the budget are discussed with the customer

3. Assist customer to develop a budget

3.1. Customer is assisted to identify and list all income and expenditure for a relevant period of time

3.2. Regular and irregular items of expenditure are established and projected over a future period with a surplus or deficit financial situation identified and discussed with the customer

3.3. Allocation of surplus funds towards meeting identified financial goals is encouraged to the customer

4. Provide ongoing assistance to customer

4.1. Budgeting tools are provided to the customer to assist in developing own personal budget for monthly and annual periods

4.2. Strategies and tips for implementing and managing personal budget and finances are provided to the customer according to their needs

4.3. Ongoing review of the budget by the customer is encouraged to ensure it remains relevant or is updated if necessary