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Language: en

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paychecks<00:00:00.960><c> can</c><00:00:01.170><c> be</c><00:00:01.290><c> pretty</c><00:00:01.500><c> confusing</c><00:00:01.740><c> at</c><00:00:02.250><c> a</c>

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paychecks can be pretty confusing at a
 

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paychecks can be pretty confusing at a
glance<00:00:02.580><c> what</c><00:00:03.449><c> do</c><00:00:03.540><c> all</c><00:00:03.689><c> of</c><00:00:03.720><c> those</c><00:00:03.990><c> figures</c><00:00:04.589><c> and</c>

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glance what do all of those figures and
 

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glance what do all of those figures and
statements<00:00:05.460><c> mean</c><00:00:05.609><c> exactly</c><00:00:06.150><c> no</c><00:00:06.990><c> need</c><00:00:07.230><c> to</c><00:00:07.350><c> panic</c>

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statements mean exactly no need to panic
 

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statements mean exactly no need to panic
let's<00:00:08.340><c> take</c><00:00:08.550><c> a</c><00:00:08.580><c> look</c><00:00:08.790><c> at</c><00:00:08.910><c> a</c><00:00:09.000><c> typical</c><00:00:09.150><c> paycheck</c>

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let's take a look at a typical paycheck
 

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let's take a look at a typical paycheck
and<00:00:10.019><c> breakdown</c><00:00:10.469><c> it's</c><00:00:10.740><c> different</c><00:00:10.980><c> parts</c><00:00:11.630><c> your</c>

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and breakdown it's different parts your
 

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and breakdown it's different parts your
paycheck<00:00:13.049><c> is</c><00:00:13.230><c> divided</c><00:00:13.679><c> into</c><00:00:13.889><c> two</c><00:00:14.190><c> components</c>

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paycheck is divided into two components
 

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paycheck is divided into two components
the<00:00:15.509><c> check</c><00:00:15.780><c> itself</c><00:00:16.139><c> and</c><00:00:16.440><c> the</c><00:00:16.800><c> pay</c><00:00:16.949><c> stub</c><00:00:17.510><c> the</c>

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the check itself and the pay stub the
 

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the check itself and the pay stub the
pay<00:00:18.720><c> stub</c><00:00:19.050><c> contains</c><00:00:19.529><c> the</c><00:00:19.710><c> bulk</c><00:00:19.890><c> of</c><00:00:20.100><c> your</c>

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pay stub contains the bulk of your
 

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pay stub contains the bulk of your
payment<00:00:20.640><c> information</c><00:00:20.880><c> so</c><00:00:21.630><c> we'll</c><00:00:21.779><c> be</c><00:00:21.900><c> focusing</c>

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payment information so we'll be focusing
 

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payment information so we'll be focusing
on<00:00:22.470><c> that</c>

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on that
 

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on that
here<00:00:24.539><c> you'll</c><00:00:24.720><c> find</c><00:00:24.990><c> both</c><00:00:25.289><c> the</c><00:00:25.350><c> pay</c><00:00:25.680><c> date</c><00:00:25.890><c> and</c>

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here you'll find both the pay date and
 

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here you'll find both the pay date and
the<00:00:26.220><c> pay</c><00:00:26.400><c> period</c><00:00:27.349><c> the</c><00:00:28.349><c> pay</c><00:00:28.560><c> date</c><00:00:28.769><c> is</c><00:00:28.949><c> the</c><00:00:29.220><c> day</c>

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the pay period the pay date is the day
 

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the pay period the pay date is the day
you're<00:00:29.550><c> actually</c><00:00:29.970><c> being</c><00:00:30.210><c> paid</c><00:00:30.480><c> while</c><00:00:31.050><c> the</c><00:00:31.199><c> pay</c>

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you're actually being paid while the pay
 

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you're actually being paid while the pay
period<00:00:31.920><c> is</c><00:00:32.130><c> the</c><00:00:32.430><c> date</c><00:00:32.610><c> range</c><00:00:32.940><c> the</c><00:00:33.329><c> Paycheck</c><00:00:33.780><c> is</c>

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period is the date range the Paycheck is
 

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period is the date range the Paycheck is
covering<00:00:34.880><c> typically</c><00:00:35.880><c> the</c><00:00:36.030><c> pay</c><00:00:36.210><c> period</c><00:00:36.719><c> will</c>

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covering typically the pay period will
 

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covering typically the pay period will
be<00:00:36.989><c> anywhere</c><00:00:37.410><c> from</c><00:00:37.680><c> one</c><00:00:37.980><c> to</c><00:00:38.010><c> two</c><00:00:38.219><c> weeks</c><00:00:38.700><c> before</c>

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be anywhere from one to two weeks before
 

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be anywhere from one to two weeks before
the<00:00:39.450><c> pay</c><00:00:39.629><c> date</c><00:00:39.870><c> itself</c><00:00:40.940><c> two</c><00:00:41.940><c> notable</c><00:00:42.329><c> figures</c>

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the pay date itself two notable figures
 

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the pay date itself two notable figures
are<00:00:43.079><c> your</c><00:00:43.320><c> earnings</c><00:00:43.739><c> or</c><00:00:44.010><c> gross</c><00:00:44.460><c> pay</c><00:00:44.760><c> and</c><00:00:45.000><c> your</c>

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are your earnings or gross pay and your
 

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are your earnings or gross pay and your
net<00:00:45.719><c> pay</c><00:00:45.960><c> for</c><00:00:46.230><c> that</c><00:00:46.320><c> pay</c><00:00:46.559><c> period</c><00:00:46.969><c> your</c><00:00:47.969><c> gross</c>

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net pay for that pay period your gross
 

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net pay for that pay period your gross
pay<00:00:48.539><c> is</c><00:00:48.570><c> the</c><00:00:48.930><c> total</c><00:00:49.289><c> amount</c><00:00:49.530><c> of</c><00:00:49.620><c> money</c><00:00:49.770><c> you</c>

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pay is the total amount of money you
 

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pay is the total amount of money you
made<00:00:50.250><c> however</c><00:00:51.149><c> after</c><00:00:51.840><c> deductions</c><00:00:52.440><c> you're</c>

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made however after deductions you're
 

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made however after deductions you're
left<00:00:53.070><c> with</c><00:00:53.250><c> your</c><00:00:53.399><c> net</c><00:00:53.579><c> pay</c><00:00:53.820><c> this</c><00:00:54.809><c> is</c><00:00:55.020><c> the</c>

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left with your net pay this is the
 

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left with your net pay this is the
amount<00:00:55.440><c> of</c><00:00:55.530><c> money</c><00:00:55.770><c> that's</c><00:00:55.949><c> actually</c>

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amount of money that's actually
 

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amount of money that's actually
available<00:00:57.030><c> to</c><00:00:57.180><c> you</c><00:00:57.329><c> on</c><00:00:57.570><c> your</c><00:00:57.809><c> paycheck</c><00:00:58.399><c> the</c>

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available to you on your paycheck the
 

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available to you on your paycheck the
difference<00:00:59.820><c> between</c><00:01:00.000><c> these</c><00:01:00.359><c> two</c><00:01:00.570><c> figures</c><00:01:00.780><c> may</c>

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difference between these two figures may
 

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difference between these two figures may
initially<00:01:01.530><c> be</c><00:01:01.739><c> surprising</c><00:01:02.460><c> it's</c><00:01:03.210><c> important</c>

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initially be surprising it's important
 

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initially be surprising it's important
to<00:01:03.809><c> plan</c><00:01:04.049><c> for</c><00:01:04.290><c> it</c><00:01:04.409><c> especially</c><00:01:04.769><c> when</c><00:01:05.100><c> budgeting</c>

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to plan for it especially when budgeting
 

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to plan for it especially when budgeting
or<00:01:05.850><c> doing</c><00:01:06.299><c> any</c><00:01:06.420><c> kind</c><00:01:06.689><c> of</c><00:01:06.930><c> financial</c><00:01:07.320><c> planning</c>

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or doing any kind of financial planning
 

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or doing any kind of financial planning
you'll<00:01:09.180><c> also</c><00:01:09.360><c> find</c><00:01:09.510><c> tax</c><00:01:10.049><c> deductions</c>

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you'll also find tax deductions
 

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you'll also find tax deductions
including<00:01:11.340><c> federal</c><00:01:11.790><c> income</c><00:01:12.150><c> tax</c><00:01:12.420><c> possibly</c>

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including federal income tax possibly
 

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including federal income tax possibly
state<00:01:13.680><c> income</c><00:01:14.070><c> tax</c><00:01:14.400><c> depending</c><00:01:15.000><c> on</c><00:01:15.119><c> where</c><00:01:15.270><c> you</c>

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state income tax depending on where you
 

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state income tax depending on where you
live<00:01:15.630><c> as</c><00:01:15.869><c> well</c><00:01:16.350><c> as</c><00:01:16.500><c> taxes</c><00:01:16.979><c> for</c><00:01:17.189><c> Medicare</c><00:01:17.640><c> and</c>

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live as well as taxes for Medicare and
 

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live as well as taxes for Medicare and
Social<00:01:18.180><c> Security</c><00:01:18.360><c> if</c><00:01:19.020><c> your</c><00:01:19.860><c> employer</c><00:01:20.280><c> offers</c>

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Social Security if your employer offers
 

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Social Security if your employer offers
certain<00:01:20.939><c> benefits</c><00:01:21.390><c> like</c><00:01:21.630><c> health</c><00:01:21.659><c> insurance</c>

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certain benefits like health insurance
 

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certain benefits like health insurance
disability<00:01:22.920><c> or</c><00:01:23.640><c> retirement</c><00:01:23.970><c> there</c><00:01:24.930><c> will</c><00:01:25.049><c> be</c>

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disability or retirement there will be
 

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disability or retirement there will be
deductions<00:01:25.350><c> for</c><00:01:25.920><c> these</c><00:01:26.100><c> as</c><00:01:26.310><c> well</c><00:01:26.810><c> if</c><00:01:27.810><c> you</c><00:01:27.990><c> see</c>

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deductions for these as well if you see
 

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deductions for these as well if you see
something<00:01:28.530><c> different</c><00:01:28.710><c> or</c><00:01:29.159><c> confusing</c><00:01:29.790><c> on</c><00:01:29.880><c> your</c>

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something different or confusing on your
 

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something different or confusing on your
pay<00:01:30.150><c> stub</c><00:01:30.509><c> we</c><00:01:30.960><c> recommend</c><00:01:31.320><c> asking</c><00:01:31.680><c> your</c>

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pay stub we recommend asking your
 

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pay stub we recommend asking your
employer<00:01:32.369><c> for</c><00:01:32.790><c> clarification</c><00:01:36.979><c> Goodwill</c>

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employer for clarification Goodwill
 

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employer for clarification Goodwill
Community<00:01:38.430><c> Foundation</c><00:01:39.090><c> creating</c>

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Community Foundation creating
 

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Community Foundation creating
opportunities<00:01:40.140><c> for</c><00:01:40.170><c> a</c><00:01:40.439><c> better</c><00:01:40.470><c> life</c>