2. Understanding Paychecks:Do you know what these words mean?
•deposit –Put your paycheck in the bank.
•pay stub –describes earnings, hours you worked and deductions
•financial records -pay stubs, tax, insurance and car loan papers. Save financial
records 7 years.
•identity theft –Thieves may use your credit card or social security numbers to steal
your money.
•payroll secretary-follows rules to make sure correct taxes are removed from your
paycheck.
•net pay-your pay before taxes
•gross pay–after tax pay. This is what you take home.
•deduct-subtract
•deductions-Money subtracted from your paycheck for taxes or to help you.
•pay stub -a paper attached to your paycheck that shows how much tax is subtracted
from your income.
•Charity-Money to help people. Giving charity reduces your taxes.
•Retirement and 401K – money you will use when you are too old to work.
•Direct deposit-The payroll secretary will send your pay to the bank.
•Pay Yourself First!-Deduct money every pay day and save it!
•interest –Extra money the bank will pay you for saving money.
•FDIC –the government insures money in the bank to make it safe.
3. It's great to get a paycheck!
http://womeninbiz.sbresources.com/blog/images/money-into-air-image.jpg
17. David Earl Williams Jr.
Violations: Bank fraud, 18 USC1344.
Case No.: 0596-1395657-MF(1)
NCIC No.: W095306743
FBI No.: 736099XA6
Warrant No.: 103M2272, 12/23/03, Middle District,North Carolina
Aliases: Kristian Williams, Chris William
DOB: February 23, 1978
Description: 5' 09", 160 lbs., black hair, brown eyes
Occupation: Corporate executive
Also wanted on multiple state warrants from Arkansas.
TAKE NO ACTION TO APPREHEND THIS PERSON YOURSELF
https://postalinspectors.uspis.gov/radDocs/wanted/razmilov.htm
18. Who prepares my pay check?
I am the Payroll Secretary.
7. In big companies, payroll
secretaries prepare paychecks.
http://www.nccchurch.org/images/Secretary.png
51. In January, the payroll secretary will give you a W-2 form
The W-2 shows how much taxes were deducted from your paycheck.
http://i.ehow.com/images/GlobalPhoto/Articles/4812085/127291-main_Full.jpg
53. 20. Saving money is very important!
Start saving as soon as you start a job!
54. Pay
Yourself
First!
21. Pay yourself first means
take paycheck deductions
every payday for you.
55. Why save money?
You will need money for…
…a car.
…a computer.
…a flat screen tv.
…a vacation.
…a wedding.
…furniture.
…to pay college for my kids.
…an emergency.
62. Saving money is very important!
If you save nothing for ten years, you will have nothing.
If you save $10 in a piggy bank each week for ten years,
you will have about $4,800.00.
If you ask the payroll secretary to deduct $10 from your
paycheck each week and deposit it in a savings account for
ten years, you will have $5,459.71.
This is more money because banks pay interest!
64. 25. Start saving when you are young.
You will earn more interest.
65. I don't understand my pay stub!
I can answer your questions.
Make an appointment to see me.
Bring your pay stub.
http://www.nccchurch.org/images/Secretary.png
67. Understanding Paychecks :Do you know what these words mean?
•deposit –Put your paycheck in the bank.
•pay stub –describes earnings, hours you worked and deductions
•financial records -pay stubs, tax, insurance and car loan papers. Save financial
records 7 years.
•identity theft –Thieves may use your credit card or social security numbers to steal
your money.
•payroll secretary-follows rules to make sure correct taxes are removed from your
paycheck.
•net pay-your pay before taxes
•gross pay–after tax pay. This is what you take home.
•deduct-subtract
•deductions-Money subtracted from your paycheck for taxes or to help you.
•pay stub -a paper attached to your paycheck that shows how much tax is subtracted
from your income.
•charity-Money to help people. Giving charity reduces your taxes.
•retirement and 401K – money you will use when you are too old to work.
•Direct deposit-The payroll secretary will send your pay to the bank.
•Pay Yourself First!-Deduct money every pay day and save it!
•interest –Extra money the bank will pay you for saving money.
•FDIC –the government insures money in the bank to make it safe.