AFEC Fundamentals of Personal Finance
AFEC provides a comprehensive financial education program for schools seeking a clear, structured approach to how students understand money.
Available in two- or four-term formats, Fundamentals of Personal Finance is a financial literacy course designed for students in Years 10–12. It equips students with a practical understanding of money, risk, and decision-making before those concepts carry real consequences.
The program is teacher-led, with a clear structure, ready-made resources, and minimal preparation required.
Program Overview
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Fundamentals of Personal Finance runs across one school year and delivers a coherent, sequential understanding of personal finance.
Key areas include:
Goal setting and personal values
Budgeting and debt
Tax and Australia’s financial system
Risk and insurance
Investing and superannuation
Entrepreneurship and philanthropy
Financial planning capstone
Each topic builds on the last, reinforcing understanding rather than isolated concepts.
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The program culminates in a practical capstone project.
Students apply their learning by constructing a financial plan for early adulthood, incorporating income scenarios, budgeting, risk management, superannuation, investment pathways, and long-term decision-making.
Graduates complete the course financially literate and prepared to manage personal finances from the outset of adult life.
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Schools also receive engagement tools that enhance learning without increasing teacher workload:
Simulated investment portfolios and national competitions
Topic-aligned live Q&A sessions with financial professionals
Moderated student discussion forums
AFEC Certificate of Financial Literacy upon completion
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Teacher-led classroom instruction
Structured lesson sequence
Online assessments and reporting
Adaptable pacing to suit each school’s needs
No financial products are promoted. The focus remains on understanding, reasoning, and long-term judgment.