Day 38 (8)

PAY DAY, BILL DAY, AUCTION DAY–LAST ONE

EVERYONE:

  1. On a half piece of paper, write down the name of 1 person in this class that you think deserves a bonus and explain why you think they deserve a bonus. This will be read to the class. I will not read your name though.
  2. Get your paycheck from your clerk
  3. Enter the amount on your paycheck into your Google Sheet as a deposit. Be sure to date it appropriately.
  4. Endorse your paycheck & give it to your banker. Your banker will give you the money from your paycheck
  5. Record your rent payment in your Google Sheet–$500 and give your rent payment to the designated person.
  6. Record your electric bill payment in your Google Sheet–$150 and give your electric payment to the electrician
  7. Record your recycling bill payment in your Google Sheet–$50 and give your recycling payment to the recycler.
  8. Check with the attendance monitor–if you had perfect attendance since the last pay day/bill day:
    • make a deposit of $100 to your Google Sheet
    • get your $100 from the attendance monitor
  9. Record any other unexpected bills and pay them–you need 4 new tires for your vehicle–pay $800 to the mechanic (your teacher).
  10. Record any other unexpected deposits
  11. COMPARE YOUR SPREADSHEET WITH YOUR BANKER’S VERSION OF YOUR SPREADSHEET TO BE SURE YOU BOTH AGREE!!
  12. Check out the list of auction items & determine which ones you would like to purchase (and can afford to purchase!)–use CASH to purchase items from the auction
  13. Deposit any cash you have left with your banker–fill out a deposit slip and give the slip and your cash to your banker
  14. PLAY THIS GAME ON BUDGETING: https://www.claimyourfuture.com/play/
  15. Determine Your Budget