YBS – Budget Balance (11-19)
Earners of this badge have successfully completed a programme of learning where they have learnt about the importance of budgeting and how this will impact the future. This badge forms part of the finance pathway and is applicable for secondary and post 16 earners.
Budgeting Numeracy Analytical Skills Decision Making Finance CourseCriteria
Earner has successfully completed a quiz to be able to describe what a budget is and why budgeting is important, and what might happen if you do not budget effectively.
Earner has developed their analysis and data skills by exploring a pay slip. Earner has demonstrated effective numeracy skills to sum up a pay slip. They have increased their understanding of the difference between gross pay and net pay.
Earner has developed their decision-making skills by using a budget balance sheet to make decisions based on what you can afford to spend money on.
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CTE: Finance
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