Record of Learner Achievement Level 1 Budgeting Learning Outcomes Assessment Criteria Evidence Completed? Location The learner will: The learner can: (Learner Tick) Know about the Identify the difference between essential and 6 difference non-essential spending between essential Give examples of essential and non-essential 6, 7 and non-essential purchases spending Compare how much they on essential 7 versus non-essential items Give examples on how to reduce how much 8 they spend on non-essential items Identify an advantage of spending within a 8 budget Outline how to prioritise spending within a 9 budget Know about Outline a personal budget for a given period of 10 personal budgets time Give an example of a possible consequence of 11 not keeping within the personal budget Give examples of how a personal budget may 12 change over a lifetime Learning Outcome 1 1.2 Examples: at 3 essential and at least 3 non-essential purchases must be identified. Tutor Feedback (Strengths and Areas for Improvement):
Learning Outcomes The learner will: Assessment Criteria The learner can: Evidence Location Completed? (Learner Tick) Know about the difference between essential and non-essential spending Identify the difference between essential and non-essential spending 6 Give examples of essential and non-essential purchases 6, 7 Compare how much they on essential versus non-essential items 7 Give examples on how to reduce how much they spend on non-essential items 8 Identify an advantage of spending within a budget 8 Outline how to prioritise spending within a budget 9 Know about personal budgets Outline a personal budget for a given period of time 10 Give an example of a possible consequence of not keeping within the personal budget 11 Give examples of how a personal budget may change over a lifetime 12 Record of Learner Achievement Level 1 Budgeting Learning Outcome 1 1.2 Examples: at 3 essential and at least 3 non-essential purchases must be identified. Tutor Feedback (Strengths and Areas for Improvement):
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