1. YOU MUST PUT MONEY IN BEFORE YOU CAN TAKE IT OUT.

2. Income Wages Salaries Tips Commissions Entrepreneurship Business earnings Investment earnings Government payments Grants Royalties inheritances

3. Wages, Salaries, Tips and Commissions Wages: hourly rate Salary: set amount each month Tip: voluntary payment that a customer makes to the employee Commission: percentage of the total dollar amount that the employee sold

4. Entrepreneurship, or Business Earnings Entrepreneur: someone who starts their own business, joins a family businees, or buy someone else’s business Sole proprietorship: if you are the only owner Partnership: co-owner, have partners Corporation: owned by a group of stockholders

5. Government Payments Financial aid for students Social security Medicare Medicaid Unemployment benefits Aid to dependent children

6. Where does this money come from?

7. Your Identity Up to this point you have been a student. As an adult, people ask you what you do, and that is attached to your identity.

8. Choosing a Career 1. Daydream 2. Make a thorough self-assessment 3. Gather career information 4. Set a realistic career goal 5. Make a decision 6. Outline a plan of action

9. Finding and Applying for a Job Obtaining Job Leads Networking Professional and Trade Organizations Job/Careers Fairs Traditional Sources Newspaper ads Employement agencies Cold contact/direct mail Searching the internet Head Hunters

10. Applying for a Job Job Application Forms Resume Be careful in Providing Personal Information Cover Letters

11. Interviewing Make a good Impression Dress appropriately Go alone Smile and make eye contact Answer questions thoughtfully Handle illegal questions intelligently Ask good questions When it’s over, go! Write a thank you letter

12. Other items Pre-employment testing Test abilities Credit score