This unit will expose students to the world of money and start them on the path to financial independence. The course involves study of financial matters across a number of modules including earning an income, taxation, investments, SCAM's and budgets. As part of the course students will invest $50,000 of virtual funds in the share market and trade shares against other school syndicates throughout Australia.
Through a variety of hands-on projects, exercises and excursions students will explore the answers to personal finance questions such as:
- How will I get paid if I get a job?
- What could I do with my money?
- How can I get the best mobile phone deal?
- What if I want to buy a car?
- What is the share market and how do you invest in it?
- What is a budget and do I need one?
- Could I get a bank a loan?