Ascentis Level 1 Award in Managing Personal Finance
Aims
The aims of the qualification are to enable learners:
To understand the sources of income and expenditure
To understand the need to balance income and expenditure
To know how to reduce expenditure
To understand some of the products provided by banks and building societies and other similar
financial institutions
To understand the advantages and disadvantages of borrowing money
Assessment Method
This qualification is assessed through the completion of an Ascentis-devised multiple-choice test that is
carried out at the completion of the course.
The grading of this qualification is pass or did not achieve.