Monday, October 1, 2018

Getting Paid - Hybrid

EQ - What is the difference between gross and net pay?
  1. Activator - Survey Discussion
  2. Direct - Calculating Pay
    1. Difference between Gross Pay and Net Pay
    2. Net Pay Calculations
  3. Collaboration - Federal Income Taxes
    1. Where Do My Federal Income Taxes Go?
    2. Visual Creation
  4. Independent - Payroll Terminology
    1. Actively Read - "Open Ended Response"
    1. Open Ended Response
      1. Preview the question
      2. Read the article
    2. Identifying Key Vocabulary
    1. Gross Pay, Net Pay, Wages, Taxes, Deductions
  5. Debriefing
    1. Previewing a Paystub - Click Here
    2. Discussion - How are your taxes used?
  6. TOD - Knowing the effect of deductions from your paycheck, how might this impact you when you begin financial planning using SMART Goals?

IF TIME PERMITS - Continue next class
EQ - Where do my federal tax dollars go?
  1. Activator - Voice Your Opinion
    1. What 3 expenditures do you deem to be the most important?  Why?
    2. What 3 expenditures do you deem the most frivolous?  Why?
    3. What tax allocation did you find the most surprising? Explain.
    4. What changes did you make?
    5. How sustainable was your budget?
    6. What was your budget deficit/surplus?
  2. Class Discussion
      1. Assignment
        1. Compose a response to answer the EQs
          1. Find the assignment in Schoology
          2. Describe your opinion on how our federal income taxes are dispersed.
          3. Do you think the allocation is appropriate? Why or why not?
          4. If you could change anything regarding how tax dollars are spent, what would you change?  Explain.
          5. Submit to Schoology

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