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My First Paycheck
What you make vs. what you keep
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My First Paycheck

Gross pay, net pay, and all the stuff that disappears in between. Learn to read a realistic fictional paystub and know exactly what you take home.

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— About this course

About 1 hour 30 minutes across 6 lessons

Your first paycheck is exciting and slightly shocking — this course explains every dollar between "you're hired" and the deposit.

What you'll learn

  • · Gross vs. net pay — and why every budget should run on net
  • · Every line in the deductions block: taxes, FICA, and voluntary benefits
  • · Reading a paystub in five minutes, including catching payroll errors
  • · How overtime, pay periods, and direct deposit actually work
  • · Take-home math for real decisions, from car payments to rent

Skills you'll practice

  • · Pay math
  • · Document verification
  • · Professional communication with payroll

By the end, you can

Verify any paycheck is correct — and use take-home math to decide what you can actually afford.

01
12 min Premium lesson

Gross vs. Net Pay

The number you were hired at and the number that actually hits your account — why they're different.

02
14 min Premium lesson

Taxes and Deductions

Federal withholding, Social Security, Medicare, and the other line items that come out of every check.

03
14 min Premium lesson

Reading a Paystub

Pay periods, hours, rates, and year-to-date — a guided tour of a realistic fictional paystub.

04
12 min Premium lesson

How You Get Paid

Hourly wages, salary, overtime, and direct deposit — the different ways money reaches you.

05
18 min Premium lesson

Take-Home Math

Calculate real take-home pay from different fictional paystubs and pay situations.

06
20 min Premium lesson

Your First Real Paycheck

A raise that never showed up, overtime to verify, and a message to draft to payroll. Handle it like a pro.

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