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...
Radford University
Percentages: Lesson 1
Math can be taxing at times. With a short lesson plan, pupils determine how income tax affects take-home pay. Learners determine their net pay based on tax tables and how adjustments in their gross pay changes the paycheck.
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
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.
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 on personal finances. Kids learn about the ways to earn a paycheck and then manage the funds they receive.
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
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...
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...
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.
University of Missouri
Money Math
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom,...
Council for Economic Education
Preparing a 1040EZ Income Tax Form
Some of us never feel like we know how to do our taxes! Help scholars understand the process early by using an informative resource. They fill out their own tax forms in a simulation activity and view multiple resources to learn even...
Curated OER
Basic Budgeting
Young scholars create a personal budget. In this creating a personal budget lesson plan, students create a list of 3 necessary things they need to survive. Young scholars rank these things in order of importance and determine their...
Curated OER
Money Math: Lessons for Life
Students explore money as it applies to salary, paychecks, and taxes. In this essential mathematics lesson, students explore how math is used in various careers, how income takes are calculated and other important life lessons in math.
Curated OER
Money Math: Lessons for Life
Students develop a budget for a college student using all of the influences that the student would have. In this budgeting lesson plan, students use real life examples to create a budget spreadsheet. Students read and study sample...
Curated OER
Earth's Energy Budget - Seasonal Cycles in Net Radiative Flux
Students attempt to understand seasonal variation by viewing images of the energy received by the earth. In this weather lesson, students view images from NASA of the influx of energy from the sun and make predictions about resulting...
Curated OER
Income Statement
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
Curated OER
Taxes: Where Does Your Money Go?
High schoolers explore the concept of taxes. In this tax lesson plan, students investigate types of taxes and deductions taken out of a paycheck before they see it. High schoolers 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...
Redefining Progress
Have and Have-Not
Is there a correlation between a country's wealth and the extent of its ecological footprint? What exactly constitutes an ecological footprint, and how does one country stack up against the rest? This is a unique lesson to incorporate...
National Wildlife Federation
Wherefore Art Thou, Albedo?
In the sixth lesson in a series of 21, scholars use NASA data to graph and interpret albedo seasonally and over the course of multiple years. This allows learners to compare albedo trends to changes in sea ice with connections to the...
Curated OER
Fairness in Taxes: Progressive Taxes
Students define and give an example of a progressive tax. They explain how a progressive tax takes a larger share of income from high-income groups than from low-income groups. They examine taxation in other countries.
Curated OER
Preparing an Income Statement
Tenth graders discuss the contents of income statements. In this accounting lesson, 10th graders are introduced to the parts of an income statement. Students practice filling out the four parts of an income statement, and discuss the...
Curated OER
Preparing a 1040EZ Income Tax Form
What do you do at the end of the year when your W2 arrives? File a tax form! Show learners how they to can fill out a basic 1040EZ tax form and play their part as tax paying citizens. Monetary denominations are provided for filling out...
Southwest Miami Senior High School
US History Summer Instructional Packet
Can you boil the historical, cultural, and political events and movements from the last 150 years into a descriptive study guide? You don't have to—it's right here! A thorough resource includes informative text, discussion questions,...