1. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Investment in Yourself 1.1.9 Family Economics & Financial Education Take Charge of Your Finances

2. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Investment in Yourself 1.1.9 Lesson Objectives –Define human capital and why it is important for career development –Realize the relationship between educational level and income –Evaluate the traits of successful workers –Discover different places to perform job searches and the pro’s and con’s to each method

3. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences 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

4. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Human Capital Human Capital (definition) –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

5. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences 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

6. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Education vs. Income in the U.S. Activity: Stand up with your colored square “Everyone standing represents the people who started high school in the U.S. This activity will show the different paths people can choose during their lifetime and the different results.” Based upon 2000 US Census Bureau Data

7. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Orange – U.S. If you are holding an orange card, please sit. These 4 people represent 19.6% of the U.S. population who did not graduate from high school or earn a GED. On average, they earn $16,234 per year, the lowest wages of all workers Congratulations! Everyone remaining finished high school.

8. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona BROWN – U.S. If you are holding a brown card please sit. These 6 people represent 28.6% of the U.S. population who graduated from high school or earned a GED. On average, in the United States, they earn $24,885 per year. Congratulations! The remaining decided to further their education.

9. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Green – U.S. If you are holding a green card please sit. These 6 people represent 25% of the U.S. population who dropped out of college without finishing a degree. On average, in the United States, they earn $28,264 per year which is only a little more than high school graduates. They enter the job market at basically the same level as high school graduates. Congratulations! The remaining finished some kind of post-secondary education.

10. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Yellow – U.S. If you are holding a yellow card please sit. This 1 person represent 6.3% of the U.S. population who received their associate degree. On average, in the United States, they earn $36,644 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.

11. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Pink – U.S. If you are holding a pink card please sit. These 3 people represent 15.5% of the U.S. population who received their bachelor's degree. On average, in the United States, they will earn $48,892 per year, which is almost twice what a high school graduate earns.

12. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Purple – U.S. If you are holding a purple card please sit. These 2 people represent 8.9% of the U.S. population who have completed their graduate or professional degree. On average, the master’s degree earns $63,205 per year and the doctorate degree earns $86,036 per year, and the professional degree earns $96,779 per year.

13. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Education vs. Income in MO Activity: Stand up with your colored square “Everyone standing represents the people who started high school in Missouri. This activity will show the different paths people can choose during their lifetime and the different results.” Based upon 2000 US Census Bureau Data

14. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Orange – Missouri If you are holding an orange card, please sit. These 4 people represent 18.6% of the Missouri population who did not graduate from high school or earn a GED. On average, they earn $16,234 per year, the lowest wages of all workers Congratulations! Everyone remaining finished high school.

15. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona BROWN – Missouri If you are holding a brown card please sit. These 7 people represent 32.7% of the Missouri population who graduated from high school or earned a GED. On average, in the United States, they earn $24,885 per year. Congratulations! The remaining decided to further their education.

16. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Green – Missouri If you are holding a green card please sit. These 5 people represent 21.9% of the Missouri population who dropped out of college without finishing a degree. On average, in the United States, they earn $28,264 per year which is only a little more than high school graduates. They enter the job market at basically the same level as high school graduates. Congratulations! The remaining finished some kind of post-secondary education.

17. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Yellow – Missouri If you are holding a yellow card please sit. This 1 person represent 5.1% of the Missouri population who received their associate degree. On average, in the United States, they earn $36,644 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.

18. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Pink – Missouri If you are holding a pink card please sit. These 3 people represent 14% of the Missouri population who received their bachelor's degree. On average, in the United States, they will earn $48,892 per year, which is almost twice what a high school graduate earns.

19. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Purple – Missouri If you are holding a purple card please sit. These 2 people represent 7.6% of the Missouri population who have completed their graduate or professional degree. On average, the master’s degree earns $63,205 per year and the doctorate degree earns $86,036 per year, and the professional degree earns $96,779 per year.

20. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Education vs. Income Educational AttainmentUS Average Income 2001 % US Population 2000 % MO State Population 2000 Not a high school graduate$16,23419.6%18.6% High school graduate including GED $24,88528.6%32.7% Some college, no degree$28,26421.0%21.9% Associate Degree$33,6446.3%5.1% Bachelor’s Degree$48,89215.5%14.0% Master’s Degree$63,2058.9%7.6% Doctorate Degree$86,036 Professional Degree$96,779

21. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Traits of successful workers What are you currently doing to invest in your human capital? What could you be doing to develop the traits employers seek?

22. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Traits of successful workers Traits employers seek include: –Extra curricular activities –Member of school organizations –Part-time job

23. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Traits of successful workers What are some possible sources to find a job?

24. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Traits of successful workers Possible job sources –Internet –Newspaper –Networking

25. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences 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?

26. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Investment in Yourself 1.1.9 Lesson Objectives -- Review –Define human capital and why it is important for career development –Realize the relationship between educational level and income –Evaluate the traits of successful workers –Discover different places to perform job searches and the pro’s and con’s to each method

27. © Family Economics & Financial Education – March 2008 – Career Development Unit – Investment in Yourself Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona Investment in Yourself 1.1.9 Assignments –Investment in Yourself note-taking guide 1.1.9.L1 (in class) –Investment in Yourself worksheet 1.1.9.A1 –Job Announcement Criteria 1.1.9.A2