Module 1: Goal setting - having a financial plan

Students should be able to:

  • identify their personal goals
  • identify the relationship between personal values and financial goals
  • develop an awareness of the life cycle and its effects on a personal financial plan
  • recognise that creating a financial plan involves the management of money to achieve goals
  • understand that financial decisions made today have an opportunity cost that will impact on the future
  • Every personal and financial decision you make today affects the options you will have tomorrow.
  • Goals in your financial plan should reflect your values.
  • Each financial plan should include short, medium and long term goals which specify what you want to achieve and how.
  • The power to control your financial success is in your own hands.

Budget
Choice
Finance
Goals
Motivate
Needs
Opportunity cost
Option
Profile
Financial Plan
Financial Position
Priority
Resources
SMART goals
Socio-economic
Strategy
Sustainable
Values
Wants

Download Module 1

Select the topics you want and click 'Download' at the bottom of the list. Everything is separated into individual PDF files so you can print, email or distribute as much or as little as you need.

All topics
Module Overview & Curriculum Mapping
Identifying financial values
Setting personal goals
Opportunity Cost
Life cycle approach to making financial decisions
Making a financial plan
Download

If you would like all of the topics in this module, including teacher notes and student worksheets in one combined PDF, click "Download Complete Module".

Download Complete Module