Make Your First Paycheck Do More
Learn to map a first paycheck, plan costs, and set money aside for a goal. Finish by building a realistic budget for a teen’s work month.
For: teens 13–17.
Lessons
- Give Your Paycheck a Map – Calculate what remains from a sample paycheck after three listed costs.
- Put Costs on the Calendar – Place Sam’s listed costs on the correct dates in a pay-period calendar.
- Turn a Goal into Small Steps – Calculate how much Sam must set aside from each paycheck for a $120 goal in four pay periods.
- Choose a Spending Limit – Choose a weekly snack limit that keeps Sam’s $30 goal contribution possible.
- Build Sam’s Work-Month Plan – Plan Sam’s sample month using two paychecks, listed costs, and the tablet goal.