Economics Mrs. Fikes

What is your version of the “American Dream”?

The American Dream

Economics Is the study of choices!

What will it take to get me there? High School Diploma$15,120 Associate’s Degree$23,270 Bachelor’s Degree$33,366 Master’s Degree$40,246 Doctorate$48, 885 **Earning a Bachelor’s degree can double your income every year!**

Top-10 Skilled Occupations in California with the Most Growth, OccupationEducation/Training Level Registered NursesAssociate Elementary School TeachersBachelor’s Computer Software EngineersBachelor’s Accountants and AuditorsBachelor’s CarpentersLong Term on the Job Training Secondary School TeachersBachelor’s Network Systems and Data Communications Analysts Bachelor’s Management AnalystsBachelor’s Computer Systems AnalystsBachelor’s Computer Software Engineers, Systems SoftwareBachelors Source: California Labor Market and Economic Analysis, 2009

What’s your plan? 1.What are your goals for this semester? 2.What are your goals for the next 4-5 years?

If you saved $20 a day ($600 a month) and invested it at a 10% annual return, you’d have…. 1 year 2 years 5 years 10 years 20 years 30 years 40 years $7,539 $15,868 $46,462 $122,907 $455,621 $1,356,293 $3,794,448

My Expenses Log Think back over the last week...what have you bought?

What types of spending decisions do you have to make?