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Living Wage Calculator Name ________________Preview: Page 1 What do you think are some typical monthly expenses per month? List them and provide an estimate or the cost per month.How much do you think you need to make per hour in order to be able to afford these typical monthly expenses? How much do you think you need to make per year in order to be able to afford these typical monthly expenses? How much do you think it costs to include 1 child of your own as a single adult?Below are a list of some occupations. Determine how much per hour do you think you would earn at this job.Manager___________ per hour Architect/Engineer___________ per hourSales___________ per hourConstruction___________ per hourOffice support___________ per hourMaintenance/cleaning___________ per hourComputer ___________ per hourDefine the following words/concepts:Hourly wageLiving wagePoverty wageMinimum wagePaycheck before taxes (Gross)Paycheck after taxes (Net)Living Wage Calculator Name ________________Directions: Page 2 Log onto a computer and look up the following web address: on Maryland, then Montgomery County, and finally Rockville city.Use the information provided to answer the following questions. (Not on the chart) What is full time? Full time = ____ hours per year To solve determine the following: How many hours in a week equals full time (usually)? ____ HoursHow many weeks in a year? _____ weeks = 1 yearFull time equals weeks per year times hours per week Determine how much you will make in a year as a single adult if you earn a:Poverty wage? ___________Minimum wage? ___________Living wage? ___________Determine how much you will make in a year as a single adult plus one child if you earn a:Poverty wage? ___________Minimum wage? ___________Living wage? ___________Looking at the chart of Typical Monthly Expenses a single adult: How much must you make a year in order to make the living wage estimate (required annual income before taxes)?Looking back at question #2, compare the three different wages (poverty, minimum and living). What could you summarize from that information? Which wage is needed to meet typical expenses? Look at the Occupational Area verses Typical Hourly Wage (for one adult and one child), using the information you have determined from above, answer the following questions:Which of the three wages would you prefer to be earning? Why? Explain your answer.Look at the types of jobs listed, what are some similarities/requirements regarding the jobs that meet Living Wage requirements? Explain your answer.Living Wage Calculator Name ________________ Afterthoughts and connections: Page 3 After completing the Living Wage Calculator activity, what are your thoughts now of after high school life? Some areas to think about are interests, life and career goals, and personal expectations. Review your interest inventory and highlight your career interests. Choose your top three interests and write them below.1.2. 3. Now using the Living Wage Calculator and the following website the hou8rly wage for your top three choices. Write the wage next to your career interest. How does this information connect with your Interest Inventory results? How can your interests lead you to pursue a career that will help you attain the living wage that you want? Starting from this moment in time (Yes, right now!) what steps will it take to achieve your future goals? Explain in detail the steps and the purpose behind each step. Be thoughtful and introspective. ................
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