Personal Finance – 4/14/17

I.   Bellwork – Q&A

  1. How many weeks are in a year?
  2. How many months are in a year?
  3. How many hours make a standard work week?
  4. What is the overtime rate?

II  Objectives:

  • Utilize a Cash Flow Statement to manage money and monitor financial activity
  • Content OBJ – Calculate gross pay based upon yearly, monthly, bi-weekly and semi-monthly pay plans.
  • Lang OBJ – construct a brace map explaining how to calculate gross pay given various pay plans
  • Analyze and interpret financial information and source documents to record transitions

III.  Notebook:

  • Brace Map – Determining Gross Pay
  • Double Bubble – Semi- Monthly vs. Bi-Weekly

IV    Classwork

A.   H & R Block Budget Challenge

  • Record Transactions & Take Quizzes

B.   iLearn – Gross Pay 6.1.02


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