1. On the back your packet: What do I budget for at age:
14 years old
25 years old
50 years old
*Get a Chromebook, but do not turn it on
*Make sure you have your headphones*
**Pick up a packet off table. Put your name on the front**

2. Today we will: learn about what a budget is
So we can: begin to make financial decisions

3. Balancing your spending and your income

4. Independence unit…. YOU will be in charge of YOU.
You are expected to follow directions, listen, and read information fully.
You need follow along in the packet along with the virtual session.
Keep up with vocab words and packet.

5. Log in to Chromebook Google Search: JA Finance Park Virtual
Create an Account:
User Name: Student ID #
Password: Initials+Birthday
Example: Caitlin Schoville = Cs082689
Use school

7. Directions: Listen to intro Make selections on what you’d like
Record #1, 1a, 1b
Continue
Meet Casey
Life Profile --- fill out front page + background
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NMI worksheet

8. ThingLink: On Life Skills website (teacher pages)
You will find information and vocabulary definitions to assist in your journey.

9. Homework: ThingLink Definitions:
Budget, NMI, GAI, GMI, Taxes (SS, FI, M)
Create account for JA Virtual

10. Class Reflection What will be your Expense Priorities?
What will be your Monthly Goals?
What surprised you from your total?
What do you want to know more about?

11. Definitions Gross Annual Income:
How much you make each year BEFORE taxes
Gross Monthly Income:
How much you make each month BEFORE taxes
Net Monthly Income:
How much you make each MONTH after taxes
Get it? Net. haha!

12. Definitions Federal Income Tax Social Security Medicare
A portion of one’s personal income paid to the government
**The more you make, the more you pay**
Income tax pays for:
Social Security, Medicare, Retirement programs, Military, veterans, Interest payments on national debt, Social programs- medicaid, food stamps, unemployment, Law enforcement- prisons, FBI, CIA
Social Security
- A federal insurance program that provides benefits to retired persons, the disabled, and spouses of deceased workers.
- Provides economic security for Americans unable to work.
- Comes from workers and employers
Medicare
The federal health insurance program for people who are 65 or older or certain younger people with disabilities.