Recipients of the Managing Your Money (Platinum Level) credential have demonstrated concept proficiency and completed the following tasks:
1. Explain the differences between gross and net pay.
2. Explain the differences between salaried and hourly employees.
3. Explain overtime rates.
4. Discuss required and optional deductions.
5. Calculate gross and net pay.
6. Explain why a budget is necessary.
7. List expenses to include in a budget
8. List reasons for opening a bank checking account.
9. Tell why it is important to use credit cards wisely.
10. Develop a personal budget.