Transcript Managing Career and Money Reality Resources
Slide 1
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 2
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 3
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 4
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 5
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 6
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 7
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 8
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 9
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 10
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 2
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 3
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 4
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 5
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 6
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 7
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 8
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 9
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li
Slide 10
Managing Career and Money
Reality Resources
Chapter 11
Page 379
How can you prepare for a
successful career?
Investigate career paths
–
Explore potential careers
–
A wide array of job possibilities exists for most career fields
Within each job, there is a variety of tasks and skills
Common assumptions about salaries don’t always hold
Build knowledge and experience
Courses
Internships
Jobs
Volunteering
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 379
How can you prepare for a
successful career?
Know what employers want
–
–
Important skills
Emotional intelligence
Stay current
–
–
Personal competence
Social competence
Growing/declining career areas
Workplace trends
Expect change
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 385
What does your learning style
mean for your career?
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Use information as a
guide, not a label
Avoid thinking that
challenges are
weaknesses
Know that you are
capable of change
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 388
How can you find a career that’s
right for you?
Use available resources
–
–
–
–
–
Make a strategic job search plan
–
Your school’s career planning and placement office
Networking
Classified ads
On-line services
Employment agencies
Keep track of details
Your résumé and interview
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 392
What will help you juggle work and
school?
Working while in school
–
–
Potential positive effects:
money, experience,
enhanced performance
Potential negative effects:
time commitment, reduced
time for activities, shifting
gears from school
Establishing your needs:
Salary, hours, location, duties,
flexibility, affiliation
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
The art of budgeting
–
–
–
Determine your spendable income
Figure out how much you spend
Evaluate the result
–
Question your budget
Question your spending patterns and priorities
Make decisions about how to adjust spending and earning
A sample budget
Savings strategies
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 394
How can you create a budget that
works?
Make strategic financial decisions
–
Use decision-making skills
–
–
Establish your needs
Brainstorm available options
Choose an option and carry it out
Evaluate the result
Live beneath your means
Pay yourself
Use bank accounts wisely
–
–
Checking accounts
Savings accounts
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Page 402
How can you manage your credit
cards?
How credit cards work
You create a debt that must be
repaid
You are charged interest on
unpaid balance
Managing debt
Admit the problem
Fix it with your creditor
Work to avoid debt in the future
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Carter, Bishop, and Kravits
Keys to Success in College, Career, and Life
How to Achieve Your Goals, Fourth Edition
Copyright 2003 by Pearson Education, Inc.
All rights reserved.
Presentation by Wing Lee and Benjamin Li