Free Printable Lesson Plans For Figuring Out Paychecks We ll go over all of this and more in this lesson Watch the video below to learn about the basic parts of a paycheck It s important to note that this lesson is focused primarily on paychecks in the United States Not all of this information may be applicable or true for you if you live in another country Payment options
5 15 Zip Exercise proper budget allocation and keep track of income and spendings with this comprehensive BUDGET PLANNER BUNDLE PRINTABLE A great tool to help you take control of your finances and improve money management skills and spending habits Intermediate Practical Writing About Your Paycheck For Students 4th 5th In this practical writing worksheet students re write a letter to an employer about a paycheck Students correct all the errors in grammar and punctuation Lesson Plan
Free Printable Lesson Plans For Figuring Out Paychecks
Free Printable Lesson Plans For Figuring Out Paychecks
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Your Education After High School Lesson Plan Lesson Materials Types of Schools Partner Talk Words to Know Screenshots Skimming and Scanning Practice Questions for Guided Reading 1 Choosing a School Questions for Guided Reading 2 Paying for School
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Free Printable Lesson Plans For Figuring Out Paychecks

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Learning objective Students will develop an understanding of what is required to start working in Canada They will also learn what payroll deductions are and how they are calculated As a result they will be better able to grasp how they pay income tax and contribute to social programs through employment

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Your Paycheck Teacher s Notes This lesson plan is designed to be flexible so that you can use all or part of it depending on the level s of your learners their learning goals and the work you and they have done with other parts of Consumer gov previously You can also spread the activities over multiple class meetings as needed

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Amount of money you receive in your paycheck after taxes and other deductions are taken out also called take home pay Payroll tax Taxes taken from your paycheck including Social Security and Medicare taxes State income tax Most states and some local municipalities require their residents to pay a personal income tax

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PAYDAYS LESSON PLAN Teaching Materials Lesson Paydays see below for printable lesson Income and Expense Journal Payroll Log Purchase Order Form Lesson Excerpt The First Payday 1 Keep careful track of each student s work record in his or her part time job with the Part time Job Form

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In this tax activity students investigate types of taxes and deductions taken out of a paycheck before they see it Students calculate the tax on a given dollar amount Students discuss 401 k s
Suggested Money Lesson Plan for this Worksheet Give an introductory lesson about earning money to your students Explain that income is money earned by a worker When you work you often will receive an earnings statement with your paycheck 1 Explain that students will participate in the personal finance unit It s Your Paycheck to learn more about earning income paying taxes managing income and using credit
It s Your Paycheck Curriculum Unit It s Your Paycheck is designed for use in high school personal finance classes The curriculum includes 9 lessons The lessons employ various teaching strategies to engage students so that they have opportunities to apply the concepts being taught