1. Investment in Yourself 1.1.9
Family Economics & Financial Education
Take Charge of Your Finances

2. 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. 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. Higher Education = Higher Estimated Lifetime Earnings
Education vs. Income
Higher Education = Higher Estimated Lifetime Earnings

5. Education vs. Income Activity
Stand with your colored square
Everyone standing represents people who started high school.
This activity will illustrate the different paths people can choose during their lifetime and the different results.

6. Orange If you are holding an orange card please sit.
These 4 people represent 14.8% of the U.S. population who did not graduate from high school or earn a GED.
Median income is $23,608 per year, the lowest wages of all workers
Congratulations! Everyone remaining finished high school.

7. Red If you are holding a red card please sit.
These 7 people represent 28.5% of the U.S. population who graduated from high school or earned a GED.
Median income is $32,552 per year.
Congratulations! The remaining decided to further their education.

8. Green If you are holding a green card please sit.
These 5 people represent 21.4% of the U.S. population who did have some college or training.
Median income is $36,348 per year.

9. Yellow If you are holding a yellow card please sit.
These 2 people represent 7.5% of the U.S. population who received their associate degree.
Median income is $39,572 per year.

10. Blue If you are holding a blue card please sit.
These 4 people represent 17.6% of the U.S. population who received their bachelor's degree.
Median income is $53,300 per year, which is significantly more than a high school graduates median income.

11. Purple If you are holding a purple card please sit.
These 2 people represent 7.2% of the U.S. population who have completed a Master’s degree.
Median income is $65,634 per year.

12. Black If you are holding a black card please sit.
This one person represents 3.1% of the U.S. population who have completed a Professional or Doctorate degree.
Median income is $79,664 per year.

13. Education vs Income

14. Traits of successful workers
Traits employers seek include:
Extra curricular activities
Member of school organization
Part-time job
Possible job sources
Internet
Newspaper
Networking

15. Review Education What traits do employers look for in employees?
How long does it take to obtain each level of education?
What is an example of a job you can receive with that education?
What traits do employers look for in employees?
What are sources to use to find a job?