1. Personal Finance
Chapter 1

2. Sources of Income Vary
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3. Sources of Income Personal
Wages – hourly
Salaries – annual
Tips – in addition
Commissions – % of sales
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4. Sources of Income Business – Entrepreneur
Sole proprietorship – all profits
Partnership – shared profits
Corporation – shared profits
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5. Sources of Income Investment
Stocks – dividend
Bonds – interest
Real estate – rent
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6. Social Security poster
Sources of Income Government
Social Security poster
1937
Social Security – retirement
Financial aid – college
Medicare/Medicaid – health
Unemployment – insurance
Assistance – family security
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7. Sources of Income Other
Grants – research
Royalties – artists/writers
Inheritance – relatives
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8. Which one of the following is not a source of income?
Wages from a job
Social Security from the government
Commissions on sales a person made
Taxes a person pays to the government
Profit from owning a stock
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9. Which one of the following is not a source of income?
Wages from a job
Social Security from the government
Commissions on sales a person made
Taxes a person pays to the government
Profit from owning a stock
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10. Your Career Your Identity Daydream Make a self-assessment
Gather career info (Click to visit
Set a realistic goal
Make a decision
Outline a plan of action
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11. What do you think? Discussion
What types of jobs are available in your community? Might you have to move to find your preferred job?
Which matters more to you: salary or job satisfaction? Can you have both?
Do you know your preferred career? Do you have a plan of action?
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12. Finding a Job Search Activities
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13. Finding a Job Search Activities
Job Leads – information about jobs that are available
Networking
The best source of job leads for most people
The process of building professional relationships that assist both parties in reaching their goals.
Family, friends, counselors,
Coaches, business/professionals
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14. International Association of Tradespeople
Finding a Job Search Activities
Networking
Professional and trade organizations
International Association of Tradespeople
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15. Finding a Job Search Activities
Networking
Professional and trade organizations
Job/career fairs
Businesses send employees to fairs
Meet people and receive information
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16. Finding a Job Search Activities
Networking
Professional and trade organizations
Job/career fairs
Traditional sources
Newspaper want ads
Employment agencies
Cold contacts/direct mail
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17. Finding a Job Search Activities
Networking
Professional and trade organizations
Job/career fairs
Traditional sources
Internet
Portal
Online job sites – pg
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18. Finding a Job Search Activities
Networking
Professional and trade organizations
Job/career fairs
Traditional sources
Internet
Corporate career center
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19. Finding a Job Search Activities
Networking
Professional and trade organizations
Job/career fairs
Traditional sources
Internet
Online job sites
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20. Your Job Search Organizing the Search
Computer
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21. Your Job Search Organizing the Search
Computer
Small notebook
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22. Your Job Search Organizing the Search
Computer
Small notebook
Job lead cards
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23. Your Job Search Applying for a Job
Job application
Personal data sheet
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24. Your Job Search Applying for a Job
Smith John Adam
200 W. Main Street Friendly GA
NA 
Clerk Immediately 
Job application
Form
Typewritten (if possible)
Neat, legible, no blanks (write “NA” if a question is “not applicable”)
Spelled correctly!
(advance to see sample)
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25. Your Job Search Applying for a Job
Job Application
Social Security card
Work permit – under age 16/18
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26. Your Job Search Applying for a Job
Job application
Social Security card
Work permit – under age 16/18
Résumé
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28. Your Job Search Applying for a Job
Cover letter
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29. Finding a Job Interviewing – Preparation
First impressions matter (dress nicely).
Go alone (don’t bring a friend).
Bring a personal data sheet.
Be well prepared
(research the company/job).
Don’t be late!
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30. Finding a Job Interviewing Tips
Smile and make eye contact.
Answer questions thoughtfully.
Handle illegal questions smartly.
Ask good questions.
When it’s over, go!
Write a thank-you letter.
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31. What do you think? Discussion
What concerns you the most about an interview?
Be prepared for the “What is your greatest weakness?” question. What are some good answers?
Do you have your own tips for interviewing?
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32. Finding a Job Pre-employment Testing
Some employers give prospective employees tests such as these:
Aptitude
Skills
Psychological
Personality
Medical/drug
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33. Credit Report Finding a Job Credit Testing Used by some employers
Fair Isaac Corporation score (range 300–850; average in United States about 680)
Can be a disadvantage for young people without credit history
Get free annual report (click to visit
Credit
Report
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34. Which of the following is not a good tip for a job interview?
Prepare in advance.
Answer questions thoughtfully.
Ask good questions.
Bring a friend for support.
Smile and make eye contact.
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35. Which of the following is not a good tip for a job interview?
Prepare in advance.
Answer questions thoughtfully.
Ask good questions.
Bring a friend for support.
Smile and make eye contact.
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36. The End
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