Tuesday, January 21, 2020

Day 8 - How do I Invest? (continued)



Day 8 H&R Block Budget Challenge

  • Go to: H&R Block Budget Challenge and Log In
    • use first initial / last initial / id# for username
    • use first initial / last initial / locker combo for password
    • click Log In
  • click on Student Home and take any available quizzes or surveys
    • survey
    • pre-quiz
    • ODP
  • open your budget spreadsheet and add in your expected net pay on each pay day (Vendor Selections, Pay)
    • Please note that deposits have a 1 day hold at the bank.  This means that the funds are available for use the day after the deposit.
  • hover over Student Home, click on Employer
    • Watch the Don’t Be That Girl Video
      • What do we call the portion of your paycheck that are withheld every pay period?
      • List two optional deductions:
      • List four required deducitons:
      • What is Medicare?
      • Explain the difference between gross pay and net income:

  • click on Vendors
    • choose Surge Credit Card
    • review credit card bill
      • make note of balance due and due date
      • schedule the payment in your budget spreadsheet
  • How to do well:
    • log in everyday (even on weekends)
    • take surveys
    • score well on quizzes
    • pay bills on time
    • save money into 401(k)
    • earn interest on your deposits

Continue reading  the article about how you should invest and answer the questions on your How to Invest reading guide.

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