1 / 6

A Month of Money… With Steve

A Month of Money… With Steve. $$$$$$$$$$$$$$$$$$$$$$. Steve and money. Meet Steve; he is one of Mr. O’Neill’s best friends. Steve works at a company that designs PC videogames The company is called ‘ Instagaming Inc.’ Steve lives by himself in an apartment

graceland
Download Presentation

A Month of Money… With Steve

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. A Month of Money… With Steve $$$$$$$$$$$$$$$$$$$$$$

  2. Steve and money • Meet Steve; he is one of Mr. O’Neill’s best friends. • Steve works at a company that designs PC videogames • The company is called ‘Instagaming Inc.’ • Steve lives by himself in an apartment • Steve also needs help figuring out how to handle his money each month • Let’s help him

  3. Steve’s Salary • Steve makes an hourly wage • What does ‘hourly wage’ mean? Answer this on your answer sheet • Steve earns $14.50 per hour at his job at Instagaming Inc. • This month it will be very busy at Steve’s job and he will work a lot • Last month, Steve did not work as much • Let’s compare the 2 months…

  4. Steve’s Salary THIS MONTH LAST MONTH Week 1: 26 hours Week 2: 25 hours Week 3 30 hours Week 4: 31 hours • Week 1: 32 hours • Week 2: 36 hours • Week 3: 34 hours • Week 4: 35 hours • How much more money did Steve make this month than last month for his GROSS SALARY? • Explain how you would figure this out. • What does GROSS SALARY MEAN? • Answer everything on your answer sheet.

  5. Steve’s Salary Deductions • Steve also has several deductions from his pay each month. If Steve works more, there are more deductions. Help Steve figure out how much his NET PAY is for both months • What are SALARY DEDUCTIONS? • What are TAXES? • What is a PENSION? • What are UNION DUES? • What is INSURANCE? • Answer everything on your answer sheet.

  6. Steve’s Salary Deductions THIS MONTH LAST MONTH Quebec taxes: $290.00 Canadian taxes: $180.00 Pension: $75.00 Insurance: $68.00 Union dues: $52.00 • Quebec taxes: $375.00 • Canadian taxes: $250.00 • Pension: $100.00 • Insurance: $90.00 • Union dues: $70.00 • How much more money did Steve make this month than last month for his NET SALARY? • Explain how you would figure this out. • What does NET SALARY MEAN? • Answer everything on your answer sheet.

More Related