Investment in yourself “Take Charge of Your Finances

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Transcript Investment in yourself “Take Charge of Your Finances

2.3.1.G1
INVEST IN YOURSELF
ADVANCED LEVEL
2.3.1.G1
What is a job?
• Job – an activity through which an individual can earn
money
• Most people have several jobs during their lifetime
Have you had a job?
What jobs have your family members had?
© Take Charge Today – January 2014 – Invest in Yourself – Slide 2
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
2.3.1.G1
How do values transfer into careers
• When researching a career you FIRST, match your
values, likes and dislikes when completing a interest
inventory survey (assessment) .
Values: How can the results be interpretedMoney=Job that pays well: Stock Broker
Status = Value Power: Dr., Executive
Security= Want to be at a job for an extended time.
Typically Gov./Teachers & Police officers.
Family = Value Time: Job w/ Regular hours
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
Your financial life cycle can impact your
results.
• Basic Wealth: You’re presently in that stage.
(what do value?)
• Wealth Accumulation: Early 30’s to 60’s
(What will you value then?)
• Wealth Distribution: 60’s and up?
(What will you value then?)
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
After the assessment:
• Step 2: Research a career
For Example: www.mynextmove.org
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
How do you become qualified for jobs?
Human
capital
Transferable
skills
Invest
in
yourself
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
What is human capital?
Human capital - the skills, knowledge, and
experiences possessed by an individual
How can a person invest in their
human capital?
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
What are transferable skills?
Transferable skills - versatile skills that
are applied to personal and
professional roles
Organization
Creativity
Cooperation
Listening
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
What is a transferable skill
you possess in each category?
Categories of Transferable Skills
Explanation
Example
Interpersonal
Analytical
Technical
Organization
People or
soft skills
Analyze
problems and
find solutions
Specific,
hands-on
skills
Sort data,
plan, arrange
projects,
keep records
Presenting
Research
Computer
proficiency
Time
management
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
Traits of Successful Workers include:
•
•
•
•
Communication skills
Interpersonal skills
Flexibility
“The ability to think outside of the box” :
Critical Thinking
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
Creativity
Organization
• Take a class, participate in an organization, volunteer
• Have a part-time job, participate in a sport, use an
electronic time saving tool such as Evernote
Clear
communication &
teamwork
• Participate in a group project, student organization,
take a class, attend a leadership training
Critical
thinking/problem
solving
• Enroll in challenging classes, engage in meaningful
discussion, enhance reading and writing skills
Technology
• Take a class, participate in collaborative online
environments, use technology for learning
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
Investing in your
human capital
and transferable
skills
Develops
A career
Career - lifetime journey of building and applying
skills, knowledge, and experiences in paid
employment positions
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
Why develop
your career?
Enhance wellbeing
High
well‐being
comes from
feeling good
about one’s life
Feelings of
success
Careers may
contribute to
high well-being
Results in
meaningful
work
Enjoyable
© Take Charge Today – January 2014 – Invest 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
2.3.1.G1
Why develop your career?
Potential to
earn more
money
Lifestyle
Level of goods and
services you
currently have
Standard of
living
Level of goods
and services you
desire
© Take Charge Today – January 2014 – Invest in Yourself – Slide 14
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
2.3.1.G1
How do you invest in yourself?
Informal
training
Learning
that occurs
in daily life
Networking
Formal
training
Learn a
specific set
of skills
usually from
experts
Postsecondary
education
Continuing
education
Reading
Workshops
What type of informal and formal training
are you currently participating in?
© Take Charge Today – January 2014 – Invest in Yourself – Slide 15
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
2.3.1.G1
Training often results in…
Greater job
security
Increased
employability
Increased earnings
throughout a
career
Making
connections with
people
Adding/enhancing
skills
Increased
knowledge
© Take Charge Today – January 2014 – Invest in Yourself – Slide 16
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
2.3.1.G1
Education pays…
Income
Earning Ability
Education
Unemployment
© Take Charge Today – January 2014 – Invest in Yourself – Slide 17
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
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© Take Charge Today – January 2014 – Invest in Yourself – Slide 18
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
2.3.1.G1
Final Step of the Career Research Process..
• Evaluate your options:
Costs (Education) Vs. Benefits (Potential
Salary, Fringe Benefits, and the Ability to
achieve your Needs, Wants and Goals w/o
compromising your values.
Future Outlook: Will you find employment?
Where? If you have to move, does the salary
Meet the demands of the Cost of Living Index.
© Take Charge Today – January 2014 – Invest in Yourself – Slide 19
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