Finance & Banking · Personal Finance

Your First Paycheck

High-school personal finance simulation: decode a $40,000 first-job paystub at Riverline Logistics, set the W-4, choose between PPO and HDHP+HSA, decide on 401(k) match enrollment, and brief Jordan on what to do at next year's raise. Feeder sim for the 881-886 US Personal Finance cluster.

4 rounds Undergraduate English, Español
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Preview

Who it is for

An introductory simulation that assumes no prior knowledge of the subject, designed for undergraduate courses. It also works in vocational and high-school programmes and in onboarding sessions.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 4 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • What is Jordan federal taxable income?
  • Choose Jordan W-4 election
  • Health plan (30-day enrollment window)
  • 401(k) election (employer match: 100% of first 4%)
  • Next year Jordan gets a $3,000 raise. Best advice?

Subjects covered

Designed for courses in Personal Finance.

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