Day One WarmUp

1
Day One Warm-Up

• What is 15 as a decimal? _________
• What is 30 of 10,000 ___________
• What is 20 of 8,000 ____________

2
The Real World

• You are all gown up now!!

• You decide that you are done with school and you
  are going to get a job!!
• You are on your own to fend for yourself.

3
Job Search

• Steel Producer
• Manual Labor
• Office Clerk
• Professional Environment
• Organize File Patient Records
• Retail Employee
• Organize Restock Merchandise
• Cashier

4
Steel Producer
5
Office Clerk
6
Retail Employee
7
Monthly Income

• Find out how many hours in the month you work
• Weekdays hours per day
• 28 days 7 hours per day
• 196 hours
• Multiply the number of hours by the hourly wage
• Hours Wage
• 196 hours 8.00 per hour
• 1,568
• This is your Gross Income for the month

8
Taxes

• Federal 20
• State 8
• City 2
• Total 30
• Multiply your monthly Gross Income by 30
• 1,568 0.30 470.40
• Subtract this from your Gross Income
• 1,568 - 470.40 1,097.60
• This is your Net Income for the month

This is your total taxes
9
Day Two Warm-Up

• If you buy a shirt for 29.99 and it is marked
  30 off, how much is the cost of the shirt?
• If the sales tax is 5.5, how much do you pay for
  the shirt?

10
Day Three Warm-Up

• If you get paid 5.15 (minimum wage in most
  states) an hour and you work 40 hours, how much
  do you get paid without taxes?

11
Day Four Warm-Up

• What is one and a half times eight?
• What is 1 ½ times 12?
• 1 ½ 18

12
July

• You are sick for three days this month and miss
  work. The doctors bill and medicine total out
  to be 150.

• Adjust your gross net monthly income due to the
  missed days of work.
• If you have medical benefits you do not have to
  pay the medical bills
• If you have partial medical benefits you have to
  pay ½ of the medical bills

4. Work out a final budget for July
13
Day Five Warm-Up

• If you make 6.00 an hour, get overtime pay at
  time and a half, and you work 8 hours of over
  time, how much do you earn from overtime?

14
August

• You recover from July financially, whew! You are
  offered 20 hours of overtime work.

• Adjust your gross net monthly income due to the
  overtime.
• Work out a final budget for August.

15
September

• You have been doing a great job, a model
  employee. Your boss offers you a 10 raise
  starting this month. Also this month he gives
  you the opportunity to work on Labor Day for your
  overtime rate, since it is not a paid holiday.

• Adjust your gross net monthly income due to the
  overtime.
• Work out a final budget for September.

16
October

• You have to go to Columbus for your job. If you
  do not own a car you have to take the Greyhound
  bus which will cost 60. If you own a car you
  will need an extra 15 in gas this month.
• You and your friends go out to dinner and a movie
  to celebrate your raise. You spend 30.

Su
M
T
W
Th
F
Sa

• Adjust your gross net monthly income due to the
  missed days of work.
• 2. Work out a final budget for October.

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Day Six Warm-Up

• If you make 7.00 an hour, get overtime pay at
  time and a half (1.5), and you work 20 hours of
  over time, how much do you earn from overtime?

18
Day Six Wrap-Up

• Who has the most disposable income for June?
• Who has the least disposable income for June?

19
Day Six Wrap-Up

• Who has the most disposable income for July?
• Who has the least disposable income for July?

20
Day Six Wrap-Up

• Who has the most disposable income for August?
• Who has the least disposable income for August?

21
Day Six Wrap-Up

• What changes did you make to your budget?
• Why are medical benefits important?
• Looking back, would you change your job? Why?
• What questions would you ask in an interview?