The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Elements define the essential outcomes |
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Completed |
Evidence:
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Assist client groups to understand the role of budgeting in personal financial management
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Explain the concept of budgeting in the lives of different clients Completed |
Evidence:
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Explain the importance of effective budgeting to meet regular and irregular expenses and relate this to different stages of life Completed |
Evidence:
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Explain the importance of setting financial goals and analyse in relation to client’s goals and priorities Completed |
Evidence:
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Identify and address barriers that might prevent financial goals being achieved Completed |
Evidence:
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Explain the types of behaviours and skills required for successful budgeting Completed |
Evidence:
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Assist clients to identify key principles of budgeting and money management
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Explain different styles of budgets and plans Completed |
Evidence:
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Identify types of regular and irregular expenses Completed |
Evidence:
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Identify appropriate payment options to suit the budgeting style Completed |
Evidence:
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Discuss important of record keeping in relation to spending Completed |
Evidence:
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Assist client to understand basic paperwork relevant to their money management needs Completed |
Evidence:
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Identify appropriate record keeping method for the client Completed |
Evidence:
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Assist client to develop a personal budget
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Explain components of a personal budget Completed |
Evidence:
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Assist client to identify and list all income and expenditure for a relevant period of time Completed |
Evidence:
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Identify regular and irregular items of expenditure and project these expenses over a future length of time in relation to income periods Completed |
Evidence:
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Identify surplus or deficit and discuss with the clients in relation to their stated priorities Completed |
Evidence:
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Encourage clients to allocate surplus funds towards meeting identified financial goals Completed |
Evidence:
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Provide resources to assist client to self manage their finances on an ongoing basis
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Provide the client with budgeting tools to assist in developing own personal budget to suit their particular needs Completed |
Evidence:
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Discuss strategies and tips to successfully manage a personal budget Completed |
Evidence:
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Provide relevant community information and resources to assist client in meeting their financial needs Completed |
Evidence:
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Assist clients to identify when a budget requires review Completed |
Evidence:
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Refer to specialist services or financial counselling according to clients needs Completed |
Evidence:
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