This class was created by Brainscape user Lily Kersey. Visit their profile to learn more about the creator.

Decks in this class (14)

T1 Purposes Of Money
What is money,
What is barter,
What were the problems with barte...
28  cards
T2 Personal Life Cycle
Patterns with the life cycle,
Birth and infant,
Preschool childhood
25  cards
T3 Payment Methods
How to compare methods of payment,
What is transaction need,
What is genuinely use for
48  cards
T4 Everyday Banking
What are current accounts used for,
What age for current accounts,
What do young people use current ...
50  cards
5. Saving Products
Why do people save,
What may future payments be for,
Factors considered when choosing ...
54  cards
6. Borrowing Products
How does borrowing work,
What are unsecured borrowing prod...,
What is informal borrowing
64  cards
7. Providers
What do providers provide,
How do banks and building societi...,
Examples of providers of financia...
40  cards
8. Consumer Protection
What do organisations provide con...,
What does the financial conduct a...,
What does the financial ombudsman...
20  cards
9. Budgets And Forecasts
What is a budget,
What is income how is it earned,
Why do people draw up a budget
22  cards
10. Dealing With Unexpected Events
What is general insurance,
What is life cover,
What is health insurance
34  cards
11. Dealing With Debt
How do people fall into debt,
What should people do who are in ...,
Advisory organisations
23  cards
12. Earnings
Laws legislation that applies to ...,
Tax and how it s spent,
What does national insurance go t...
23  cards
Case Study(Vea)
Family info,
Her education,
Current financial position
23  cards
Case Study (james + Megan)
Background info,
Financial position,
Their plans
12  cards

More about
LIBF Unit 1

  • Class purpose General learning

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