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  • Use A Career Plan To Develop Personal Income Potential.: Support Job

    Transféré par

    David Bumphis
    22 vues5 pages
    The document outlines a student's plan to manage personal finances working as a cashier at Baskin Robbins. It includes screenshots of a job application, W4 form, and paycheck calculations showing gross pay of $144 and net pay of $132.98 biweekly. The student also created a yearly and monthly budget allocating money to expenses like housing, food, and transportation, and saving for goals like holidays, college tuition, emergencies, and miscellaneous expenses, with $362.52 remaining each month.

    Description originale:

    Finance Unit

    Titre original

    Finance Unit c3 c4

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    The document outlines a student's plan to manage personal finances working as a cashier at Baskin Robbins. It includes screenshots of a job application, W4 form, and paycheck calculations showing gross pay of $144 and net pay of $132.98 biweekly. The student also created a yearly and monthly budget allocating money to expenses like housing, food, and transportation, and saving for goals like holidays, college tuition, emergencies, and miscellaneous expenses, with $362.52 remaining each month.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme DOCX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    22 vues5 pages

    Use A Career Plan To Develop Personal Income Potential.: Support Job

    Transféré par

    David Bumphis
    The document outlines a student's plan to manage personal finances working as a cashier at Baskin Robbins. It includes screenshots of a job application, W4 form, and paycheck calculations showing gross pay of $144 and net pay of $132.98 biweekly. The student also created a yearly and monthly budget allocating money to expenses like housing, food, and transportation, and saving for goals like holidays, college tuition, emergencies, and miscellaneous expenses, with $362.52 remaining each month.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme DOCX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 5

    COMPETENCY 3 STRAND: DESCRIBE FACTORS AFFECTING TAKE-HOME PAY.

    COMPETENCY 4 STRAND: DEVELOP A PLAN FOR SPENDING AND SAVING.

    UNIT 6 FINANCIAL LITERACY


    STUDENT NAME: 1A DAVID BUMPHIS

    Use a career plan to develop personal income potential.

    SUPPORT JOB McDonalds Name Of Employer: Baskin-Robbins


    Kroger
    Burger King Job Title: Cashier
    Taco Bell
    Baskin-Robins Hourly Rate: $8.00
    Pizza Hut
    Chick-Fil-A Job Application ScreenShot:
    KFC
    COMPETENCY 3 STRAND: DESCRIBE FACTORS AFFECTING TAKE-HOME PAY.
    COMPETENCY 4 STRAND: DEVELOP A PLAN FOR SPENDING AND SAVING.

    UNIT 6 FINANCIAL LITERACY


    STUDENT NAME: 1A DAVID BUMPHIS
    W4 W 4 ScreenShot:

    https://pdfrun.com/project/editor/235
    COMPETENCY 3 STRAND: DESCRIBE FACTORS AFFECTING TAKE-HOME PAY.
    COMPETENCY 4 STRAND: DEVELOP A PLAN FOR SPENDING AND SAVING.

    UNIT 6 FINANCIAL LITERACY


    STUDENT NAME: 1A DAVID BUMPHIS
    GROSS PAY Total Amount: $ 144 https://www.paycheckcity.com/calculator/salary/
    Gross Pay ScreenShot:

    Taxable Income $0.00


    Federal Tax $0.00
    Social Security $11.02
    Deductions $0.00
    AMT $0.00
    State Tax $0.00
    COMPETENCY 3 STRAND: DESCRIBE FACTORS AFFECTING TAKE-HOME PAY.
    COMPETENCY 4 STRAND: DEVELOP A PLAN FOR SPENDING AND SAVING.

    UNIT 6 FINANCIAL LITERACY


    STUDENT NAME: 1A DAVID BUMPHIS
    NET PAY Take Home Amount: $132.98 https://www.paycheckcity.com/calculator/salary/
    Net Pay ScreenShot:

    Taxable Income $0.00


    Federal Tax $0.00
    Social Security $11.02
    Deductions $0.00
    AMT $0.00
    State Tax $0.00
    COMPETENCY 3 STRAND: DESCRIBE FACTORS AFFECTING TAKE-HOME PAY.
    COMPETENCY 4 STRAND: DEVELOP A PLAN FOR SPENDING AND SAVING.

    UNIT 6 FINANCIAL LITERACY


    STUDENT NAME: 1A DAVID BUMPHIS

    Organize personal finances and use a budget to manage cash flow.

    https://goodcalculators.com/us-salary-tax-calculator/

    Gross Yearly Income (Gross Pay): $7,488.00


    Yearly Taxes: $548.47
    Yearly Take Home (Net Pay): $6,939.53
    Effective Tax Rate: 7.32%
    ------------------------------------------
    Monthly (Gross Pay): $624.00
    Monthly (Net Pay): $578.29
    SPENDING PER MONTH $578.00 SAVINGS PER MONTH $426.00
    Housing - $ -$50.00 Holiday Gifts - $20.00 -$20.00
    Utilities - $50.00 -$20.00 Tuition/College - $20.00 -$20.00
    Food - $20.00 -$50.00 Emergencies - $20.00 -$20.00
    Transportation - $ -$32.00 Miscellaneous - $3.48 (.29 * 12) -$3.48
    Debt repayment - $ ------------- ------------
    Clothing - $50.00 $426 $362.52
    Entertainment - $32.00
    Car insurance - $
    Total Spending: Total Savings:
    Monthly Amount After Spending & Saving: $362.52

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