Presentation is loading. Please wait.

Presentation is loading. Please wait.

What is Money? And why is it important?.

Similar presentations


Presentation on theme: "What is Money? And why is it important?."— Presentation transcript:

1 What is Money? And why is it important?

2 Greed is Good: https://www.youtube.com/watch?v=R8y6DJAeolo

3 Characteristics and Functions of Money
Acceptable Portable Durable Divisible Uniform Scarce Medium of Exchange Standard of Value Store of Value

4 What does “Money” Look Like Now?
Cashless Society Cards Checks Money Orders EFT Income

5 Sources of Income—how money enters our life
Employment Investment Self-employment Rental income Profits Windfalls

6 Factors Influencing Income
Skills Level of Education Job opportunities Employment Benefits Recession/Depression Taxation Education Matters!

7

8 Paychecks!

9 What is in your Paycheck?
Gross Wage: (hours x hourly wage) (annual salary) Deductions Federal taxes State taxes FICA Medicare calculator.aspx

10 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

11

12

13 Paid Family Leave

14 Payday Loans https://www.youtube.com/watch?v=3rOVmUnUM7A


Download ppt "What is Money? And why is it important?."

Similar presentations


Ads by Google