This session will be recorded for learning purposes. Learning purposes include: a lesson review for students who are absent, students who want to review for a test, etc. Don’t forget to do the Audio Wizard Setup before the bell rings. Week 4- Understanding Your Paycheck

Class Rules Raise your hand to use the mic. Be here on time and stay more than 30 minutes. Put your away button up if you step away. Try your best !

Life Skills Learning Connections Previously, you learned about good work habits. Now we will learn how to understand our paycheck. Next, you will learn how to keep your money safe.

Ohio Extended Standards Level 1 EFL b: Identify the amount of money earned on a paycheck or earning statement. Level 2 EFL b: Identify the amount of money earned on a paycheck or earning statement. Level 3 EFL a: Identify dollar amounts for gross wages, benefits, taxes and other deductions on an earnings statement..

Why should you understand your paycheck? So that you know how much money you made. So you know where your money is going. So if your paycheck gets messed up, you’ll know it.

Paycheck The paycheck is the part you take to the bank.

Pay Stub The pay stub is the part that tells you why you are getting paid that much.

Earnings Earnings is the section that shows you how much you earned.

Deductions Deductions are all of the reasons money is taken out of your paycheck.

Gross Pay Gross Pay is what you are paid before any deductions are taken out.

Net Pay Net Pay is what you are paid after all deductions are taken out.

Taxes Taxes are money taken out by the government to help with building roads, running schools, and helping the elderly.

Other Deductions Other Deductions help you pay for things like health insurance, retirement, etc.

Send me an that says “Paycheck Parts” Are you watching this recording or looking at the slides?

You can type your own categories and points values in this game board. Type your questions and answers in the slides we’ve provided. When you’re in slide show view, click a points box to go to that question, then click to move to the answer slide. Click the left triangle to return to this game board slide. Earnings Deductions General

Category 1 Earnings

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the left triangle to return to the game board slide. The section that tells you how much you earned. 10 Category 1

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Earnings 10 Category 1

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the left triangle to return to the game board slide. 20 Free Points! 20 Category 1

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the left triangle to return to the game board slide. What you are paid before any deductions are taken out. 30 Category 1

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Gross Pay 30 Category 1

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the left triangle to return to the game board slide. 40 Free Points! 40 Category 1

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the left triangle to return to the game board slide. The money you are paid after all deductions are taken out. 50 Category 1

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Net Pay 50 Category 1

Category 2 questions follow

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. All of the reasons money is taken out of your paycheck. 10 Category 2

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Deductions 10 Category 2

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. 20 Free Points! 20

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Money taken out of your paycheck by the government to help with building roads, running schools, and helping the elderly. 30 Category 2

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Taxes 30 Category 2

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Category 2 question for 40 points 40 Category 2

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Category 2 answer for 40 points 40 Category 2

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Money taken that helps you pay for things like health insurance, retirement, etc. 50 Category 2

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Other Deductions 50 Category 2

Category 3 questions follow

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. 10 Free Points! 10 Category 3

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Should you read teacher feedback on your work? 20 Category 3

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Yes!!! 20 Category 3

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. How many times can you redo an assignment? 30 Category 3

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. As many times as you need to get a good grade! 30 Category 3

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. The part you take to the bank. 40 Category 3

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Paycheck 40 Category 3

Question Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. The part that tells you why you are getting paid that much. 50 Category 3

Answer Type your questions and answers in the placeholders. You can add the points value at the bottom for reference. When you’re in slide show view, click the triangle to return to the game board slide. Pay Stub 50 Category 3