Curated and Reviewed by
Lesson Planet
This Nothing But Net: Understanding Your Take Home Pay lesson plan also includes:
- Student Activity Sheet
- Glossary
- Activity
- Answer Key
- Join to access all included materials
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 taxes, as well as how to claim tax deductions while maximizing savings.
183 Views
157 Downloads
CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Consider asking a representative from a local financial institution to come to your class and discuss this topic. Contributing to a 401K, FSA, or direct-deposit savings can be an overwhelming subject to cover
Classroom Considerations
- This is the thirteenth lesson in a series of 22 for helping young adults build strong money-management skills
Pros
- Valuable life skills lesson
- Great teacher tips included on right-hand sidebar
- All worksheets and answer keys included
Cons
- None