PAYCHECK BASICS
This is the total money you earn before taxes.
👉 What is gross pay?
This tax goes to the federal government.
👉 What is federal income tax?
This is usually your biggest monthly expense.
👉 What is rent/housing?
You missed a week of work—what happens to your income?
👉 It decreases
Missing work affects your ______.
👉 Pay/income
This is the money you take home after deductions.
👉 What is net pay?
This deduction helps pay for retirement later.
👉 What is Social Security?
If you spend more than you earn, you are in the ______.
👉 What is negative?
A car repair is an example of what type of expense?
👉 Unexpected expense
What is one reason CNAs work overtime?
👉 To earn more money
If you work 40 hours at $18/hour, what is your gross pay?
👉 What is $720?
This deduction helps cover healthcare for older adults.
👉 What is Medicare?
Name one way to save money on food.
👉 What is cooking at home? (or similar)
Picking up an extra shift does what to your income?
👉 Increases it
Buying scrubs is an example of what type of expense?
👉 Work-related expense
If your take-home pay is about $560, why is it lower than $720?
👉 What are taxes/deductions?
Name one tax taken out in Arizona besides federal tax.
👉 What is Arizona state tax?
Why might someone live with a roommate?
👉 To save money on rent
Name one “life happens” expense.
👉 Car repair, medical bill, etc.
Why is attendance important as a CNA
👉 Impacts pay and patient care
Which matters more for budgeting: gross pay or net pay?
👉 What is net pay?
About what percent of your paycheck is typically taken out?
👉 What is about 20–25%?
Why is budgeting important?
👉 To manage money and avoid being broke
Why is it important to have savings?
👉 To handle emergencies
How can financial stress affect your job?
👉 Affects performance, focus, reliability