Unit 4: Personal Finance

How to read and understand a pay stub
Difference between gross and net pay
How to read a W2 and W4 form
What are the different mandatory taxes and uses?
What are the main purposes of a budget?
What are the commonly used budget categories?
What are the characteristics of an effective budget?

Examine a pay stub
Analyze a W2 and W4 form
Calculate weekly gross vs. net earnings
Understand where your mandatory tax dollars go
Identify purposes of a budget
Describe steps for preparing a budget
Describe characteristics of successful budgeting

• Interactive activities

• Graphic organizer

• Define, understand and use terminology, concepts and principles

• Reading embedded articles

• Student centered videos

• Analyze videos 

• Case studies

• Formative and summative assessments