1. Investment in Yourself 1.1.9 Family Economics & Financial Education Take Charge of Your Finances

2. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself - slide2 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Influences Value – a fundamental belief or practice about what is desirable, worthwhile, and important to an individual Goal – the end result of something a person intends to acquire, do, reach, or accomplish sometime in the near or distant future Need – something thought to be a necessity Want – something unnecessary but desired

3. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 3 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Human Capital Human Capital – skills acquired through a process of self investment What are examples of things you can do to increase human capital? –Summer jobs –Volunteer –Extra-curricular activities

4. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 4 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Education vs. Income Higher Education = Higher Estimated Lifetime Earnings

5. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 5 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Education vs. Income Activity Stand with your colored square Everyone standing represents people who started high school. This activity will illustrate the different paths people can choose during their lifetime and the different results.

6. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 6 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Orange If you are holding an orange card please sit. These 4 people represent 14.8% of the U.S. population who did not graduate from high school or earn a GED. Median income is $23,608 per year, the lowest wages of all workers Congratulations! Everyone remaining finished high school.

7. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 7 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Red If you are holding a red card please sit. These 7 people represent 28.5% of the U.S. population who graduated from high school or earned a GED. Median income is $32,552 per year. Congratulations! The remaining decided to further their education.

8. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 8 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Green If you are holding a green card please sit. These 5 people represent 21.4% of the U.S. population who did have some college or training. Median income is $36,348 per year.

9. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 9 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Yellow If you are holding a yellow card please sit. These 2 people represent 7.5% of the U.S. population who received their associate degree. Median income is $39,572 per year.

10. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 10 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Blue If you are holding a blue card please sit. These 4 people represent 17.6% of the U.S. population who received their bachelor's degree. Median income is $53,300 per year, which is significantly more than a high school graduates median income.

11. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 11 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Purple If you are holding a purple card please sit. These 2 people represent 7.2% of the U.S. population who have completed a Master’s degree. Median income is $65,634 per year.

12. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 12 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Black If you are holding a black card please sit. This one person represents 3.1% of the U.S. population who have completed a Professional or Doctorate degree. Median income is $79,664 per year.

13. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself – slide 13 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Education vs Income

14. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself - slide14 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Traits of successful workers Traits employers seek include: –Extra curricular activities –Member of school organization –Part-time job Possible job sources –Internet –Newspaper –Networking

15. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself - slide15 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Review Education –How long does it take to obtain each level of education? –What is an example of a job you can receive with that education? What traits do employers look for in employees? What are sources to use to find a job?