Managing Personal Finances (OCN) - Level 2

Sixth Form Admissions

There will be a relaunch of Sixth Form provision for September 2026 at Stone Lodge School .

This will include a mix of level 2, vocational and academic level 3 courses.

Full details of the curriculum offer for September 2026 will be updated here as soon as possible.

• Understand sources of income and types of expenditure

• Develop budgeting and money management skills

• Explore financial products and services

• Understand the implications of borrowing and saving

Who will this course be suitable for?

This course is suitable for:

• Learners preparing for independent living

• Students interested in improving their financial literacy

• Individuals considering vocational or employment pathways

• Anyone looking to gain confidence in managing money

Expectations of Independent Study

Students are expected to:

Review and Reflect on Learning

• Revisit class notes and materials.

• Reflect on how financial concepts apply to their own lives.

Complete Assignments or Coursework

• Work on budgeting exercises or case studies.

• Prepare for assessments or presentations.

Practice Budgeting Skills

• Create personal or hypothetical budgets.

• Track income and expenditure using templates or apps.

Research Financial Topics

• Investigate financial products, services, and real-life money

management scenarios.

What skills and knowledge will I develop by studying this subject?

This course is designed to help learners develop the knowledge and skills required to manage their personal finances effectively. It is ideal for individuals preparing for independent living, employment, or further education. The course supports financial literacy and promotes responsible money management.

Students will:

• Become more financially independent

• Avoid debt and financial stress

• Make informed decisions about money

• Prepare for adult life and employment

1 Understanding Personal Finance Internal Coursework - 25%

2 Budgeting and Managing Money Internal Coursework - 25%

3 Understanding Financial Products and Services Internal Coursework - 25%

4 Making Informed Financial Decisions Internal Coursework - 25%

Students should have a basic level of literacy and numeracy and a willingness to engage in discussions and practical activities.

• Customer Service Assistant
• Accounts Assistant / Finance Clerk
• Trainee Financial Service Assistant
• Retail or Hospitality Supervisor
• Self-Employment / Entrepreneurship
• Progression to Further Study