Chapter 3
Budgeting: Keeping Track of Your Money
69
You
Do the Math 3-2
You receive weekly paychecks from your job. Your paychecks for three
months were for the amounts shown below. What is your average
monthly net pay for this time period?
Month Net Pay Amounts Totals
May $108.00
125.00
79.00
135.50
_________
June 122.50
100.50
135.75
75.50
_________
July 98.00
56.50
126.75
130.00
_________
Total Net Pay
_________
Number of Months
_________
Average Monthly Net Pay
_________
You may not have a regular weekly job during the school year. Thus,
your income may vary and come from many different sources. After you have
calculated your net pay, you can record your total income using a table similar
to the one shown in Figure 3-1.
As a teen, your income is probably not very high. However, after you
graduate and have a career, your income should increase. Learning to manage
your income now will help you as you make more money in the future.