Federal Reserve Bank
It's Your Paycheck
Beyond reading and arithmetic, one of the most important skills for graduating seniors to have is fiscal literacy and responsibility. Start them on the right financial track with nine lessons that focus on a variety of important personal...
Federal Reserve Bank
“W” Is for Wages, W-4 and W-2
Don't let your young adults get lost in the alphabet soup of their paychecks and federal income taxes. Using sample pay stubs and reproductions of government forms, your class members will identify the purpose of such forms as a W-4 and...
Visa
Nothing But Net: Understanding Your Take Home Pay
Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social security...
Texas Education Agency (TEA)
Importance of Being Accurate
Accuracy is key! Using the detailed resource, scholars practice their presicion skills, taking online spelling and typing tests. Next, they demonstrate accuracy by calculating the gross and net pay of five hypothetical employees.
Practical Money Skills
Making Money
The first step in managing your money is making money! Learn about ways to find and interview for a job with a thorough lesson plan on personal finances. Kids learn about the ways to earn a paycheck and then manage the funds they receive.
Visa
A Plan for the Future: Making a Budget
From fixed and variable expenses to gross income and net pay, break down the key terms of budgeting with your young adults and help them develop their own plans for spending and saving.
Curated OER
Tax Forms and Deductions
Because many of your older students are probably getting their first jobs, it could be an appropriate time to discuss taxes. This presentation defines deductions, types of taxes, purposes of paying taxes, and the forms required to file...
Curated OER
Dream Home Mathematics
Explore the concept of budgeting with sixth graders. They will pick a career on note card made by the teacher. They then use the information on the card such as salary, expenses, and career to create a life for themselves. They also...
Curated OER
Graphing It Out
Students create bar graphs. In this graphing lesson, students explore the concepts of net pay, gross pay, income and expenses. They create a bar graph to designate financial outlay during a specified period.
Curated OER
Basic Budgeting
Students create a personal budget. For this creating a personal budget lesson, students create a list of 3 necessary things they need to survive. Students rank these things in order of importance and determine their cost. Students...
Curated OER
Taxes: Where Does Your Money Go?
Students explore the concept of taxes. In this tax instructional 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...
Curated OER
Taxes: Where Does Your Money Go?
Students study taxes and the role that they place in our lives. In this economic lesson, students explore the reality of taxes, how they work, why we pay them, where the money goes and how to make the most of the money you pay into taxes...
Curated OER
Money and Percentage
Fifth graders examine use of percentages in real world situations. They complete worksheet about using percentages after reviewing the concept. They look through newspapers to find examples of percentages used over the course of three...
Curated OER
Accounting: Work Sheet for a Merchandising Business
High schoolers create a worksheet for a partnership set up as a merchandising business. They identify the beginning of the fiscal periods trial balance amounts, plan and record adjustments to supplies, and merchandise inventory. They...