- Activator - Survey Discussion
- Direct - Calculating Pay
- Difference between Gross Pay and Net Pay
- Net Pay Calculations
- Collaboration - Federal Income Taxes
- Where Do My Federal Income Taxes Go?
- Summarize on a piece of paper:
- How did your group change the budget?
- Describe your decision making process (WHY you made the changes)
- Where did your group disagree? Did you disagree without fighting?
- Independent - Payroll Terminology
- Actively Read - "Open Ended Response"
- Open Ended Response
- Preview the question
- Read the article
- Identifying Key Vocabulary
- Gross Pay, Net Pay, Wages, Taxes, Deductions
- Debriefing
- Previewing a Paystub - Click Here
- Discussion - How are your taxes used?
- 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?
- Activator - Voice Your Opinion
- What 3 expenditures do you deem to be the most important? Why?
- What 3 expenditures do you deem the most frivolous? Why?
- What tax allocation did you find the most surprising? Explain.
- What changes did you make?
- How sustainable was your budget?
- What was your budget deficit/surplus?
- Class Discussion
- Assignment
- Compose a response to answer the EQs
- Find the assignment in Schoology
- Describe your opinion on how our federal income taxes are dispersed.
- Do you think the allocation is appropriate? Why or why not?
- If you could change anything regarding how tax dollars are spent, what would you change? Explain.
- Submit to Schoology
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