Introduction
Do you have a job? What do you get in return for the time you give to your place of employment?
Income is the payment people receive for providing resources such as time, talent and goods (supplies... stuff!) or services. You can receive income in the form of wages, salary, and/or commission.
Following successful completion of this lesson, students will be able to...
- Identify sources of income.
- Explain how income relates to education level.
- Research career choices, salaries, and required education.
Enduring Understandings
- It is imperative to manage your personal finances in today's economy.
The above objectives correspond with the Alabama Course of Study: Personal Finance standards: 6.