1. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona February 13, 2012 Entry task: What were some of the challenges that Morgan dealt with when he was “Living on Minimum Wage” Target: Identify why education matters.

2. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Due Today!! Timeline – Rubric 50 Goals Values

3. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona “Living on Minimum Wage” Warmth Taking the bus/walking Movie theater, buns, spending money Relationship issue (divorce) Health insurance, medical issues

4. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Does Money Grow on Trees? Value of a Job & Earning Power

5. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Your Future How do you see your future? Close your eyes – How much money do you have? – Where to you live? – What does your house look like? Family? Vacation? Draw a small picture on your entry task to represent your future and your values.

6. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Where does Money come from? Working Gifts Allowance Bonus Interest Fundraising Scholarships Borrowing

7. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona A Look from the Treetop In this lesson we will learn: – Why People Work – Value of a Job, Occupation, and Career – Relationship between Education Level and Income – Standard of Living – Identify Needs and Wants – Aspects of Well-Being – Planning for the Future

8. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Why Do People Work? To feel personal satisfaction To improve their skills To earn money

9. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona What is a Job? Work role within a specific organization – Paid or unpaid Examples: – Lawn mower at Community Golf Course – Secretary at ABC Law Firm – Brain Surgeon at Hospital X

10. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona What is an Occupation? A wide category of jobs with similar characteristics What other jobs fall under the occupation or “umbrella” of an educator? Jo b Educator Youth Group Leader High School Teacher Community Volunteer

11. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona What is a Career? A lifetime journey of building and making good use of your skills, knowledge and experiences Influenced by: – Family – Friends – Education – Work – Leisure Activities

12. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Mind Mapping Career (Educator)

13. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Mind Mapping Career (Educator) Occupation (Math Teacher) Occupation (Elementary Teacher)

14. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Mind Mapping Job (Teacher Aid) Job (Swim Coach) Job (Play Ground Worker) Job (maintenance staff) Career (Educator) Occupation (Math Teacher) Occupation (Elementary Teacher)

15. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Mind Mapping Career (Professional Athlete)

16. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Mind Mapping Career (Professional Athlete) Occupation (basketball player) Occupation (football player)

17. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Mind Mapping Job (Equipment Manager) Job (Floor Sweeper) Job (grounds keeper) Job (maintenance staff) Career (Professional Athlete) Occupation (Basketball Player) Occupation (Football Player)

18. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona February 14, 2012 Entry task: What is a career? What is the difference between a career and a job? Give examples. Target: Identify why education and training matter.

19. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Your Turn! Job Career Occupation

20. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Education Matters Which education level has the opportunity to earn the highest income? Education LevelType of Work U.S. Average Income (2007) Not high school graduateJob$33,913 High school graduateJob, occupation$46,938 Associate degreeJob, occupation, career$64,537 College degreeJob, occupation, career$88,948 Graduate degreeJob, occupation, career$115,179

21. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Standard of Living A standard of living is the minimum necessities thought to be essential – Millionaire – fancy food, mansion, new car – College student – instant soup, small apartment, used car Need – essential items required for life – Food, water, shelter Want – unnecessary but desired items – iPod, car, designer clothes

22. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Well-being The state of being happy, healthy, and prosperous Impacted by: – How money is gained – Career choice – How money is spent Personal financial choices can affect an individual or entire family’s overall well-being

23. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Think Ahead Identify a desired standard of living at an early age to determine: – Level of education needed – Type of job to have – Desired career path – Future needs and wants – Income level What do you want to be when you grow up?

24. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Fertilize your Future Plan NOW for your desired standard of living… Education helps a person reach their financial goals OR

25. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Straw Tower Activity Goal: Build the tallest free-standing straw tower using only small straws and masking tape. Challenge: Each group has a different education level with certain skills/limitations. – High School dropout – High School graduate – Associate degree – College degree – Graduate degree Solution: Work together and good luck!

26. 2.1.1.G1 © Family Economics & Financial Education – Revised April 2008 – Get Ready to Take Charge of Your Finances – Does Money Grow on Trees? Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Straw Tower Discussion Which group had to work the hardest to build the balloon tower? Why? Why were some groups more successful than others? How did the education level relate to the degree of the assigned limitations? How might a person get the “skills” needed for the opportunity to have a career and earn a higher income?