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
“Education is essential in getting a high-paying job. In fact, for all but 1
of the 50 highest paying occupations, a college degree or higher is
the most significant source of education or training. Air traffic
controller is the only occupation of the 50 highest paying for which
this is not the case”
2004 Bureau of Labor Statistics Occupational Outlook Handbook,Tomorrow's Jobs
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 up with your colored square
“Everyone standing represents the people who started high
school. This activity will show the different paths people
can choose during their lifetime and the different results.”
• Based upon 2007 US Bureau of Labor Statistics Data

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 3 people represent 15.2% of the U.S. (10.7% of
NC) population who did not graduate from high school or
earn a GED. On average, they earn $33,913 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 8 people represent 25.2% of the U.S. (28.6% of
NC) population who graduated from high school or earned
a GED. On average, in the United States, they earn
$46,938 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 21.8% of the U.S. (20.4% of
NC) population who dropped out of college without
finishing a degree. On average, in the United States, they
earn $54,881 per year.
• Congratulations!The remaining finished some kind of
post-secondary education.

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
PInk
• If you are holding a pink card please sit.
• These 2 people represent 8.9% of the U.S. (8.2% of NC)
population who received their associate degree. On average,
in the United States, they earn $64,537 per year. Jobs
requiring an associates degree are expected to grow 32%
between 2000-2010. These people are prepared for this
significant change in the job market.

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 5 people represent 18.7% of the U.S. (17.3% of
NC) population who received their bachelor's degree. On
average, in the United States, they will earn $88,948 per
year, which is more than twice what a high school graduate
earns.

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
Brown
• If you are holding a brown card please sit.
• These 3 people represent 10.2% of the U.S. (8.5% of
NC) population who have completed their graduate or
professional degree. On average, in the United States, they
earn $115,179 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
Education vs Income
Educational Attainment
U.S. Average
Income (2007)
Percentage of
U.S. Population
(2007)
Percentage of State
Population
Not high school graduate $33,913 15.2% %
High school graduate including GED $46,938 25.2% %
Some college no degree $54,881 21.8% %
Associate degree $64,537 8.9% %
Bachelor’s degree $88,948 18.7% %
Master’s, doctoral, professional degree $115,179 10.2% %

13. © Family Economics & Financial Education – May 2009 – Career Development Unit – Investment in Yourself - slide13
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

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
Review
• Degree levels
– How long does it take to obtain each degree?
– What is an example of a job you can get with each degree?
• What traits do employers look for in employees?
• What are sources to use to find a job?