1. Career: Labor You Love Personal Finance Mrs. Dayley

2. You can consciously begin now to choose the career you want.

3. Questions to Answer How does the career you choose affect your income? What employee characteristics are important to an employer? How do education and training affect your salary? What is an entrepreneur? What are employee benefits?

4. Career vs Job On a separate sheet of paper, list the characteristics of a career and the characteristics of a job.

5. See Figure 2.1 Page 17 NEFE Student Guide

6. Employers want employees who: Are dependable Work well with others Are good problem solvers Deliver high quality work Have high productivity Conduct increasingly complex and unique activities Have great attitudes

7. Assignment 2.1 Page 18 NEFE Student Guide Go back to Figure 2.1 page 17 and rate your skills from 1 to 5 (5 being the highest).

8. You can always make more money, but you cant make more time. Read section under Making Money – page 18 Student Guide

9. M&M Energizer Each M&M color represents a category: GreenPersonal goals BrownCareers you are interested in YellowHobbies and Interests OrangeMoney management experience RedFact about money BlueA job you have held

10. Education The level of formal knowledge and training you have attained. General rule – the more education you have, the higher your income.

11. Average College Costs College TypeCost/Year Private$24,946 State (non-resident)$16,848 State (resident)$11,338 *Costs include tuition, dorm, cafeteria meal plan, fees, books, and spending money.

12. Education & Earnings Annual Household Earnings

13. Entrepreneurship Entrepreneur A person who creates a business from scratch. Self employed Strong sense of discipline Be your own boss Beat the competition

14. Becoming An Entrepreneur See an opportunity Take the initiative Develop plans Assignment 2.2 Page 22 Student Guide

15. What Employees Want Employee benefits – The additional benefits offered by employers Paid vacation Paid sick leave Health plan Retirement plan Tuition reimbursement

16. Cost of Living Cost of Living – Includes items like rent or home costs, transportation, insurance, utilities like natural gas and electricity and food.

17. Action Steps Its Your Life Page 26 Student Guide