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Finding Balance
In this lesson, you will
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Learn about hourly wage, minimum wage and salary
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Discover how wage deductions and taxes affect your gross pay, and how much you take home with your net pay
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Describe how wage deductions and income taxes help provide services and programs in their communities and provinces, and all across Canada
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Prepare a budget to live independently
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Learn about opportunity costs associated with making choices about education after high school
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Getting a job can be exciting, but it is important to understand what your pay cheque will look like so that you can budget for success! Once you click finish, you can continue to the next part.
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Take your understanding of where your money goes with this interactive lesson. Once you click finish, you can continue to the next part.
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Put your knowledge of taxes and deductions to the test with this money memory game. Once you click finish, you can continue to the next part.
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Now that you understand how taxes affect your income, you are going to try and create a budget. Once you have completed the Keep Your Balance Tool, you can move on to the next part.
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Balancing a budget can be challenging. Cooking at home is a great way to save some money and lower your expenses. Test your knowledge of prices of everyday grocery items. Once you click finish, you can move to the next part.
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Understanding opportunity cost can help you make better decisions. Once you click finish, you can move on to the next part.
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