1. Personal Finance Mrs. Dayley
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. Page 17 NEFE Student Guide
Personal Skills
Basic Skills
See Figure 2.1
Thinking Skills
Resource
Management
Page 17
NEFE Student Guide
Interpersonal
Information
Management
Technology
Systems

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

8. “You can always make more money, but you can’t make more time
“You can always make more money, but you can’t make more time.” Read section under Making Money – page 18 Student Guide

9. M&M Energizer Each M&M color represents a category:
Green
Personal goals
Brown
Careers you are interested in
Yellow
Hobbies and Interests
Orange
Money management experience
Red
Fact about money
Blue
A 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 Type Cost/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. Annual Household Earnings
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 – Paid vacation Paid sick leave
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 “It’s Your Life”
Page 26
Student Guide