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What is Money? And why is it important?
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Greed is Good: https://www.youtube.com/watch?v=R8y6DJAeolo
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Characteristics and Functions of Money
Acceptable Portable Durable Divisible Uniform Scarce Medium of Exchange Standard of Value Store of Value
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What does “Money” Look Like Now?
Cashless Society Cards Checks Money Orders EFT Income
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Sources of Income—how money enters our life
Employment Investment Self-employment Rental income Profits Windfalls
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Factors Influencing Income
Skills Level of Education Job opportunities Employment Benefits Recession/Depression Taxation Education Matters!
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Paychecks!
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What is in your Paycheck?
Gross Wage: (hours x hourly wage) (annual salary) Deductions Federal taxes State taxes FICA Medicare calculator.aspx
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What is in your Paycheck cont.?
Exemptions Payroll allowances Benefits Tuition Reimbursement Pension/Retirement Health Insurance Non-contributory Benefits Vacation and Sick Days Loan on Future Paycheck
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Paid Family Leave
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Payday Loans https://www.youtube.com/watch?v=3rOVmUnUM7A
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