Tuesday, January 23, 2018

I can save $10,000 by doing my own taxes. I can use a paystub to analyze for savings opportunity.

Bellringer:
Students go to kahoot.it
Teacher clicks this link>> Kahoot
why do people pay for tax prep when they can do it themselves for free? 10 min
Debrief Opinion survey >>>>Current Event Tax Filing Lobby  5 min


PayStub Review 15 min  
Review the example and fill in the quiz on the back


What Should They Do? Paystub Scenarios  5 min and 10 min
Divide into 3 Groups and discuss Scenario.
Share to Group.  


Why is Savings So Important? 10 min and 10 min
https://www.bankrate.com/calculators/savings/compound-savings-calculator-tool.aspx
Demo --Teacher What happens when you save $100 for 10 years? 20 Years? 50?
Bankrate.com Practice -- How little can you save and have $5 million in 50 years?
Interest rate no more than 14%

Exit Slip: Index Card Zoe gets a Vente Latte from Starbucks
on her way to work 5 days a week for a year at a cost of $5.37.  
How much does she spend on this luxury? 5 min



That is her $100 a month.......

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