Posts tagged ‘Debit Cards’

SYEP Pay Day!

My team and I went around asking the other summer youth some questions to find out about their pay. Did they have issues? Are they saving? Did they spend it all? Plans for the future? Heres a small video showing what we found out!

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Paycheck Eve

Want Some Cash?
Well, you’ve toiled and sweat and toiled some more…okay, not really, but you’ve been employed for a few weeks and what do you get from a job after you’ve worked for a period of time?! That’s right, a paycheck.  Tomorrow, July 21st, summer  youth employment program workers will be rolling in the dough…okay, you won’t really be rolling in the dough, but close.

Your paychecks will be for the first two weeks that you worked, June 28 – July 10.  Remember, the money will be electronically added to the Visa debit cards that were mailed to you either before the program began or right after you started working.  If you have any problems (forgot your PIN number, lost the card, etc.) when you get ready to use your card, contact ADP/Visa directly at 1-877-237-4321.  If you believe that the amount of your paycheck is incorrect, contact Ms. Kristina Swann or Ms. Tania Williams and they’ll look into it.

Otherwise, spend wisely and try to put a little something aside for a rainy day! Your savings can really add up over time, so even $25 stashed away from every paycheck can make a huge difference!

Remaining Pay Dates

Payroll Calendar Pay Period               Pay Date
July 11th through  July 24th                   Wednesday, August 4th
July 25th through August 7th                Wednesday, August 18th
August 8th through August 17th           Wednesday, September 1st

Spending that First Paycheck

The summer youth have been working hard! Just recently they were given

Van Crawford

Van Crawford

their first paychecks of about $30 for their attendance at the orientation into the summer program. The thought of money being given to the youth for their work pleased many of them. With the sensational feeling of being paid, many youth have thought of many different ways to start spending their money.

For most of the youth, their first thoughts were to use their debit cards on their lunch. The enjoyment of being able to buy anything for yourself, and especially something that you need or really want, has given these workers a great incentive to keep working. Although, with the limited amount of money in the first paycheck, the youth had to be careful not to get crazy with their spending.

Some youth say that they would rather just put their money aside and save it. Youth supervisor, Dajah Blackwell, has made the decision to save her money. She says she would much rather spend her money when she’ll need it when she goes back to school, at Virginia State University. On the flip side, splurging has definitely become popular with the recent paycheck. Summer youth, Darion Parker, has used his money for transportation purposes, food, and anything else he can afford. Summer Youth, Kristin Cousins, has a different outlook on the use of her money. She has given some money away, to help fund a trip to King’s Dominion with her school.

When it comes to money, there are no rules or guidelines on how to best use it, the best advice is just to use common sense. Since there are so many possibilities on what to do with money, confusion arises on what to buy; and just as the old cliché says, “The more money, the more problems.” The summer youth have definitely worked hard for it though. They are already anticipating their next payday; some are even already planning their next purchase.

–Van Crawford

Do You Know How to Use Your Debit Card?

creditcard

This year the summer youth program coordinators took a new approach with paying summer youth. Every two weeks, youth will receive their earnings on debit cards. Using debit cards allows the youth the opportunity to spend money in more places. What is a debit card? A debit card provides an alternative payment method to cash when making purchases. Some people refer to debit cards as check cards because they work the same as checks. The money is withdrawn directly from the bank account.

How do you use a debit card? A debit card is used inside businesses or at an atm. Debit cards can be used with a PIN number or can also be used with only a signature while making purchases. Debit cards can be used typically in the same businesses that accept credit cards. When using your debit card while making purchases, present your card to a qualified merchant or provider. They will swipe your card to pay for your belongings.  Debit cards have become extremely important and convenient.  They cut down on spending extra time at ATM’s or writing checks.

Using a debit card requires one to be responsible and to keep track of how much money has been spent. It is important that you check your account to be aware of how much money has been spent and how much is remaining in your account.  It is also a good idea to write down each transaction so that you have a written record of your purchases.  Also, pay close attention when your card is being swiped so you can be sure that you are not overcharged.

For extra tips on how to use your debit card check out these websites:

–Dajah Blackwell