Payday! by Cecilia Minden,Timothy J. Whiteford,Ryan Spaude

By Cecilia Minden,Timothy J. Whiteford,Ryan Spaude

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00 a week doing the laundry and washing the car. 00 a week babysitting her sister and raking leaves. 00 It would take Katie 9 weeks to earn the money for the bike doing laundry and washing the car. If she babysits her sister and rakes leaves, it will take her only 6 weeks. 00 = 6 Real World Math: Payday! 29 Glossary benefits (BEH-nuh-fits) extra things such as health insurance and life insurance that an employer pays for deductions (dih-DUK-shunz) money subtracted from a paycheck for taxes and benefits employee (im-ploi-YEE) one who does a job for someone else employer (im-PLOI-yur) one who hires others to do a job gross monthly pay (GROWSS MUNTH-lee PAY) income before deductions Medicare tax (MEH-dih-kayr TAKS) a tax used to pay for a government-funded health insurance program minimum (MIH-nuh-mum) the least amount possible negotiate (neh-GO-shee-ate) to discuss with others ways to reach an agreement salary (SAH-luh-ree) a fixed amount of money a worker is paid for services Social Security tax (SO-shul sih-KYUR-uh-tee TAKS) a tax used to pay for a governmentfunded retirement program vocational (vo-KAY-shuh-nul) related to training in a specific trade 30 21st Century Skills Library For More Information Books Godfrey, Neale S.

00 a week babysitting her sister and raking leaves. 00 It would take Katie 9 weeks to earn the money for the bike doing laundry and washing the car. If she babysits her sister and rakes leaves, it will take her only 6 weeks. 00 = 6 Real World Math: Payday! 29 Glossary benefits (BEH-nuh-fits) extra things such as health insurance and life insurance that an employer pays for deductions (dih-DUK-shunz) money subtracted from a paycheck for taxes and benefits employee (im-ploi-YEE) one who does a job for someone else employer (im-PLOI-yur) one who hires others to do a job gross monthly pay (GROWSS MUNTH-lee PAY) income before deductions Medicare tax (MEH-dih-kayr TAKS) a tax used to pay for a government-funded health insurance program minimum (MIH-nuh-mum) the least amount possible negotiate (neh-GO-shee-ate) to discuss with others ways to reach an agreement salary (SAH-luh-ree) a fixed amount of money a worker is paid for services Social Security tax (SO-shul sih-KYUR-uh-tee TAKS) a tax used to pay for a governmentfunded retirement program vocational (vo-KAY-shuh-nul) related to training in a specific trade 30 21st Century Skills Library For More Information Books Godfrey, Neale S.

She would like to thank fifth-grade math teacher Beth Rottinghaus for her help with the Real World Math Challenge problems. Cecilia lives with her family in North Carolina. 32 21st Century Skills Library 21st Century Skills Library Earning money is hard work. So what is the best way to spend that hard-earned cash? Read on to find out more about how employers pay employees for their work and how you can manage the money you earn! The Real World Math: Personal Finance books show readers how to use their basic math skills to begin developing the financial literacy necessary to succeed in the 21st century economy.

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