name: christopher galvez period: 2 dr. vincent – honors economics 2009

8/14/2019 Name: Christopher Galvez Period: 2 Dr. Vincent Honors Economics 2009

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Name: ______Christopher Galvez _______ Period:____2__________

Dr. Vincent Honors Economics December 10,


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Financial Planning Project

BackgroundYoull come into contact with money almost every day for the rest of your life. When youreat work, youre earning money; when youre at the mall, youre spending money. Usedpoorly, money can be a source of anxiety and lead to financial problems. Used wisely,money can be a tool to help you achieve your goals and dreams.

Task

You and others in the class will be working to complete three primary objectives:

1. Learn the financial planning process what it is and what it can do for you.2. Apply the processes through assignments that relate to your experiences with

money.

3. Take control of your finances, starting today!

Purpose

To improve your personal, decision-making skills as they relate to the use of your money.

Final Product

After this project, you will have successfully completed the following life application skills:

1. Career Search

2. Complete a Job Application

3. Write a Cover Letter and Resume

4. Purchase a Car

5. Rent an Apartment

6. Research Prices on Additional Consumer Goods

7. Research Various Methods of Savings

8. Compile a Budget

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Youve just graduated - congratulations! Now it's time to find a job and join the real world.Theres an old saying that goes, since youre going to be working for the rest of your life youmight as well do something you really enjoy. Also, if you find something you enjoy doing;you will never work a day in your life. Ideally, youd like to find work you love to do and that

pays you enough to live comfortably. You have the advantage of time and the opportunity tochoose. After high school you might go directly into a job, enter a training program, or go tocollege. Your future is just beginning to unfold, and the choices about work are yours tomake.

Directions: Go to the websites listed below in order to complete the assigned work.

The Process:Step 1. Complete the Who Are You Personality Inventory (handout)a) Identify and explain your personality type(s)

I am a realist. I am trustworthy, realistic, and hardworking. My accuracy and ability to

concentrate on the task at hand makes me a detail specialist. I have good innate judgment,

a matter-of-fact personality and practicality.

b) How accurately does this personality classification describe you? Explain.

I am hardworking and can concentrate on the task that is important to me at the

moment. I can be trustworthy and realistic at times, and I sometimes, choose the right

choice when it comes down to things. But one thing to add, I am also imaginative and

artistic. When I have spare time, I would rather enjoy my surroundings and take in the

beauty of this world.

Compete the Career Cluster Interest Survey (handout)

Step 2. Make and evaluate a list of careers that fit your personality

Review the results of your Who Are You and Career Cluster InterestSurvey and make a list of at least five careers that match your personality.

1. Physician Assistant__________________

2. Physical Therapist Assistant ___________

3. Registered Nurse____________________

4. Nursing Aide ________________________

5. Visual Arts Designer __________________

6. Interior Designer ____________________

7. Photo Journalist_____________________

8. __________________________________

9. __________________________________

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Stage 1 Career Search


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*You may also use the following career research website to complete the next step in thisstage.

http://www.careervoyages.gov/students-wheretostart.cfm

Step 3. Choose a career to investigate

Now, collect information to prepare for the remainder of your personal financeproject.

First, choose five jobs to research out of the ten that you recorded above.

Then, use the following websites to research your careers:o http://www.bls.gov/oco/ocoiab.htm#A

o http://www.acinet.org/acinet/select_occupation.asp?

stfips=12&next=wages1

Finally, on a separate sheet of paper, you should report the followinginformation about each of the five career opportunities. This section must besummarized in your own words cutting and pasting is unacceptable and willresult in zero points!

1. Training or education required for the career

2. Nature of the work

3. Working Conditions

4. Job Opportunities

5. Expected salary range (entry level to five years)

6. Positive or negative aspects of the career

Career Research

Physical Therapist Assistant: http://www.bls.gov/oco/ocos167.htm

1) Physical therapist assistants must have an associate degree. They bothstudy academically and experience on-the-job training. In order to practicephysical therapist aide, a license is not required. However, additionalrequirements are the certification of CPR and other first aid. A minimumnumber of hours of clinical experience are also needed. They should be wellorganized, detailed oriented, and caring. In order to become a therapistassistant, it is sometimes required to first be a physical therapist aide. Theyoften advance to assistants after gaining experience and additional education.Some physical therapist assistants can specialize in a clinical area.2) Physical Therapist assistants help physical therapist to provide

treatment that improves patient mobility, relieves pain, and prevents orlessens physical disabilities of patients. They perform a variety of tasksprovided they are supervised and directed by physical therapists. They usuallyare responsible for keeping the treatment area clean and organized and forpreparing for each patients therapy. They also are involved in part of apatients treatment such as exercises, massages, electrical stimulations,paraffin baths, etc.3) Physical therapist assistants and allies need a moderate degree ofstrength because of the physical exertion required in assisting patients withtheir treatment. They often need to kneel, stoop, or stand for a long period of

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http://www.careervoyages.gov/students-wheretostart.cfmhttp://www.bls.gov/oco/ocoiab.htm#Ahttp://www.acinet.org/acinet/select_occupation.asp?stfips=12&next=wages1http://www.acinet.org/acinet/select_occupation.asp?stfips=12&next=wages1http://www.careervoyages.gov/students-wheretostart.cfmhttp://www.bls.gov/oco/ocoiab.htm#Ahttp://www.acinet.org/acinet/select_occupation.asp?stfips=12&next=wages1http://www.acinet.org/acinet/select_occupation.asp?stfips=12&next=wages1


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time. The hours and days worked vary with the facility. Many outpatienttherapy offices and clinics have evening and weekend hours, to coincide withpatients personal schedules.

4) Physical therapist assistants and aides held about 107,000 jobs in2006. Assistants held about 60,000 jobs. Both work with physical therapists ina variety of settings. Employment is likely to grow faster than a average

consumer demand for physical therapy services. It is expected to grow 29%over the 2006-16 decade. The long-term demand will rise as the individualswith disabilities or limited function grows. Usually it would be the elderlypopulation. Physical therapists usually have to resort to using assistants toreduce the cost physical therapy services. Overall, people interested inbecoming assistants are expected to be very good. The aides however, mayface keen competition from a large group of individuals. Physical therapistassistants and aides with prior experience working in a physical therapy officeor other health care settings will have the best job opportunities.

5) The physical therapist assistants median of annual earning in the industriesemploying the largest numbers of physical therapist assistants in may were:a. Home health care services earn an average of $46,390b. Nursing care facilities earn an average of $44,460c. Offices of physical, occupational, and speech therapist and audiologistsearn an average of $40,780d. General medical and surgical hospitals earn an average of $40,670e. Offices of physicians earn an average of $39,2906) The positives of this career are that the Physical Therapist assistant earnspretty decent wages. In addition, all the physical movement and exertion keepsthem awake and strong. It is basically getting paid to exercise. The negatives ofthis career is that some states often require additional education which requiresgoing back to school while trying to support yourself with another job for themean time.

Physical Therapist: http://www.bls.gov/oco/ocos080.htm

1) Physical therapists must have at least a masters degree from an accreditedphysical therapy program and a State license, requiring passing scores on nationaland State examinations. Those who are willing to go further can also go on to gettheir doctoral degree. In the future, the doctoral level might be the required entry-level degree. Masters degree programs last about 2 years, and a doctoral degreeprograms last 3 years. Physical therapist education programs usually start the basicscience courses, and then introduce specialized courses, including biomechanics,neuroanatomy, examination techniques, etc. Physical therapists should have stronginterpersonal skills and be compassionate. They should have a desire to help

patients.2) Physical therapists provide services that help restore function, improvemobility, relieve pain, and prevent or limit permanent physical disabilities ofpatients suffering from injuries or disease. They examine patients medicalhistories and then test and measure the patients strength, range of motion, balanceand coordination, posture, muscle performance, respiration, and motor function.They also develop plans that will provide the best treatment strategy and anticipate

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its outcome. They also document the patients progress, conduct periodicexaminations, and modify treatments when necessary.3) Work environment practice in hospitals, clinics, and private offices. Thesejobs can be physically demanding because therapists often have to stoop, kneel,crouch, lift, and stand for long period of times. They also have to move heavy

equipment and lift patients or help them turn, stand, or walk. Most full-timetherapists work 40-hour weeks, and some work evenings and weekends to fit theirpatients schedules.4) Physical therapists hold about 173,000 jobs, and the number of jobs isgreater than the number of practicing physical therapists. About 6 out of 10worked in hospitals or in offices of physical therapists. Some are self-employed inprivate practices. They also teach in academic institutions and conduct research.Overall, the long-run demand for physical therapists should continue to rise.5) The median annual earnings in the industries employing the largestnumbers of physical therapist were:a. Home health care services earn an average of $70,920b. Nursing Care facilities earn an average of $68,650c. General medical and surgical hospitals earn an average of $66,630d. Offices of physicians earn an average of $65,900e. Offices of physical, occupational and speech therapists, and audiologistsearn an average of $65,1506) The positives of this career are that the Physical Therapist assistant earnspretty decent wages. In addition, all the physical movement and exertion keepsthem awake and strong. It is basically getting paid to exercise. The negatives ofthis career is that some states often require additional education which requiresgoing back to school while trying to support yourself with another job for themean time.

Registered Nurses: http://www.bls.gov/oco/ocos083.htm

1) Registered nurses require 3 educational paths to becoming a registerednurse is a bachelors of science degree in nursing (BSN), an associate degree innursing (ADN), and a diploma. The BSN colleges are offered by colleges anduniversities, and usually take about 4 years to complete. AND programs, offeredby community and junior colleges, take about 2-3 years to complete. Diplomaprogram are administered in hospitals and last about 3 years. Advanced practicenursing specialties require a least a masters degree. All nursing educationprograms include classroom instruction and supervised clinical experience inhospitals and other health care facilities. In all States and U.S. territories, studentsmust graduate from an approved nursing program and pass a national licensingexamination, known as the NCLEX RN, in order to obtain a nursing license.2) Regardless of specialty or work setting, Registered nurses treat patients,educate patients and the public about various medical conditions, and provideadvice and emotional support to patients family members. They also recordpatients medical histories and symptoms help perform diagnostic tests andanalyze, and help with patient follow-up and rehabilitation. They also teachpatients and their families how to manage their illness or injury such as diets,

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nutrition, and exercise programs. RNs have to establish a plan of care or contributeto an existing plan. Along with these things, they can go further and specialize in awork setting or type of treatment.3) Most RNs work in well-lighted, comfortable health care facilities. Theymay spend a large amount of time walking, bending, stretching, and standing.

Some nurses may work nights, weekends, and holidays since patients needconstant care. However, nurses are exposed to infectious diseases and with toxic,harmful, or potentially hazardous compounds, solutions, and medications. Theyare also prone to back injury when moving patients, shocks from electricalequipment, etc. They may also suffer from emotional strain from caring forpatients suffering unrelieved intense pain, close personal contact with patientsfamilies, and need to make critical decisions, etc.4) Since the largest health care occupation, registered nurses held about 2.5million jobs in 2006. Overall job opportunities for RNs are expected to beexcellent, but may vary by employment and geographic setting. Since theoccupation is very large, many new jobs will result. In addition, hundreds ofthousands of job openings will result from the need to replace experienced nurseswho leave the occupation. In closing, the overall job opportunities are expected tobe excellent for registered nurses.5) The median earnings in the industries employing the largest numbers ofregistered nurses were:a. Employment services earn an average of $64,260b. General medical and surgical hospitals earn an average of $58,550c. Home health care services earn an average of $54,190d. Offices of physicians earn an average of $53,800e. Nursing care facilities earn an average of $52,4906) Since the job opportunity for RNs is high, and they get paid above averagesalaries, it makes up for the fact that some work nights and weekends. But thedownside is the level of emotional stress, and high risk of disease.

Interior Designers: http://www.bls.gov/oco/ocos293.htm

1) Postsecondary education, especially a bachelors degree, is recommendedfor entry-level positions in interior design. Two-year and 3-year programs also areavailable, and some States license interior designers. Training programs areavailable from professional design schools or from colleges and universities andusually take 2-4 years to complete. Graduates of 2-year to 3-year programs areawarded certificates or associate degrees in interior design and normally qualify asassistants to interior designers upon graduation. With a bachelors degree, they canqualify for a formal design apprenticeship program. Applicants to NationalAssociation of Schools of Arts and Design may be required to submit sketches andother examples of their artistic ability.2) The interior designers main concerns are with how different colors,textures, furniture, lighting, and space work together to meet the needs of abuildings occupants. They plan interior spaces of almost every type of building.Good design can boost office productivity, increase sales, attract a more affluentclientele, and etc. Interior designers once focused on decorating, but lately, an

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increasing number of designers are becoming involved in architectural detailing.They must be able to read blueprints, understand building and fire codes, andknow how to make space accessible to people who are disabled. They usuallywork together with architects, electricians, and building contractors to ensure thatdesigns are safe and meet construction requirements. The designer must formulate

a design plan, then estimate the cost. The designer, when the design concept ischosen, must begin specifying the materials. Finally, the designer estimates thetime it will take for the project to be completed, and then coordinates with thecontractor work schedules.3) The working conditions and places of employment may vary. Designersemployed by large corporations or design firms may work regular hjours in well-lughted and comfortable settings. Some in smaller design consulting firm or thosewho freelance may have to adjust their workday to suit their clients schedules anddeadlines. They might have to work under levels of stress to meet deadlines, stayon budget, and please clients. Some are also under pressure to find new clients andmaintain a steady income. Designers may work in their own offices or studios orin clients homes or offices.4) The employment of interior designers is expected to be faster than average,but keen competition for jobs is expected. Economic expansion, growinghomeowner wealth, and an increasing interest in interior design will increasedemand for designers. Positions will most likely be given to those who are moretalented therefore keeping the competition very high because many individuals areindeed talented.5) The median annual earnings in the industries employing the largestnumbers of interior designers were:a. Architectural, engineering, and related services earn an average of $46,750b. Architectural services earn an average of $46,750c. Specialized design services earn an average of $43,250d. Furniture stores earn an average of $38,980e. Building material and supplies dealers earn an average of $36,6506) Being an interior designer lets people express their creativity anduniqueness. It lets them be able to create whatever may be in their head, but eventhough it may seem limitless, it is actually limited. It limited in the fact that theyhave a deadline in which to design a plan, please customers instead of themselves,and costs it will take to achieve it.

Photographer (Photojournalist): http://www.bls.gov/oco/ocos264.htm

1) Employers usually seek applicants with a good eye, magination, andcreativity, as well as a good technical understanding of photography.Photojournalists need a college degree. The entry-level required is a collegeddegree in photography or in a field related to the industry in which thephotographer seeks employment. Basic courses in photography cover equipment,processes, and techniques. Along with that, is learning good business skills. Artschools usually offer useful training in photographic design and composition.Some may start as assistants and work there way up.

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2) Photographers produce and preserve images that paint a picture, tell astory, or record an event. They need technical expertise, creativity, and theappropriate professional equipment in order to create commercial qualityphotographs. Some photographers specialize in areas such as portrait, commercialand industrial, and etc. Most spend only a small portion on their work schedule

actually taking photographs. Their most common activities are editing images onthe computer or looking for new business.3) Photographers need good eyesight, artistic ability, and good hand-eyecoordination. They should be patient, accurate, and detail-oriented and should beable to work well with others. Their working conditions vary considerably. Somework a usual workday, or often work long, irregular hours and must be availableto work on short notice. Many work part time or on variable schedules. Somework in uncomfortable or even dangerous surroundings, or wait long hours invarious weather conditions.4) Employment of photographers is expected to grow about as fast as averagefor all occupations. The competition is high for job openings because the work isattractive to many people. The job growth will go hand-in-hand with the use ofdigital photography and the falling price of digital equipment. Photographyusually has tough competition due to the fact of each persons artistic ability.5) Median annual earnings of salaried photographers were $36,170. Themiddle 50%earned about $18,680-$38,730. The lowest 10%earned less than$15,540, and the highest 10% earned more than $56,640. Photographers aresuccessful enough to support themselves solely through their art.6) Although this career allows people to express themselves and their artisticability, the job may require them to be exposed to extreme or bad weatherconditions while being required to rush through their art to finish the deadline.

Do your best to narrow your prospective careers down to one for theremainder of this project. Of course, as you research your career you may find thatyou want to change it. Regardless of your decision, you should focus on one career.

o List it here: _____Registered Nurse (RN)__________________

Step 4. Find a Job!

By now you should know what career path you are going to pursue.Now it is time to hunt for a job!

First, use the following websites to gain specific employer information.o www.monster.com

o http://careers.yahoo.com/

o www.hotjobs.com

o http://www.quintcareers.com/top_10_sites.html

Next, find ten companies that you might want to work for, and theirinformation on the following Job Search Log.

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http://www.monster.com/http://careers.yahoo.com/http://www.hotjobs.com/http://www.quintcareers.com/top_10_sites.htmlhttp://www.quintcareers.com/top_10_sites.htmlhttp://www.monster.com/http://careers.yahoo.com/http://www.hotjobs.com/http://www.quintcareers.com/top_10_sites.html


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Job Search Log

COMPANY ORGANIZATION PHONE # CONTACT TYPE OF COMMENTSADDRESS PERSON CONTACT

1. CoreMedicalGroup

FortMyers, FL33900

800-995-2673ext1355

MattBergeron

phone Units of need:ICUEmergency RoomOncologyFull time employee. CPR andACLS certifications

2.N/A

San

Francisco,CA; DalyCity, CA

N/A Karina

Caravia

email [email protected]

mRN position w/ CPR certification

3.KindredHealthcare

SandDiego, CA,92101

800-545-0749

N/A phone Full time employee. RN license.Bachelors degree in Nursing, anAssociation degree, or a Nursingdiploma. CPR certification

4.VITASInnovativeHospice Care

NorthMiamiBeach, FL33169

866-418-4827

N/A phone Licensed RN. Bilingual in Spanishand English. Must beExperienced (Non-manager) atleast a CPR certification

5.DesertValleyHospital

Victoriavill

e, CA92395

N/A N/A Full or part time, Per diem or

employee. Career level isexperienced (Non-manager).BCLS upon hire.

6.GentivaPort SaintLucie, FL34952

1-866-GENTIVA

N/A phone Manager (Manager/Supervisor of Staff). Diploma, Associate orBachelor degree.

7.FASTAFFOakland,CA

888-296-6412

N/A phone Full Time. Unit: PICU. Educationlevel is an Associate degree.$60(straight)-$90(overtime) perhour.

8.Cyber

Scientific

Jacksonville, FL;

OrangePark, FL

N/A QuentinOlwell

email Email:[email protected]

Education: Bachelor of science.Units: Critical Care and NICU.BLS an ACLS certified. $65,000-$100,000. Full-time employee.

9.MolinaHealthcare

LongBeach, CA90802

N/A MichelleKozman

emailEmail:mailto:[email protected] time or Employee. Career level: non-manager) 4 day -10 hour shifts. 3pm 1am.

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mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]


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10.CyberCoders

Stockton,CA

N/A KarinaCaravia

email [email protected]: Bachelor of Science.Full time employee.

Step 5. Obtain the Job Acquiring the job is the most important part in the search for your career.

You will need to complete the following steps to finish the requirements forstage one:

1. Job Application2. Cover Letter3. Resume4. Mock Interview5. Follow Up Letter

a) Filling out a job application

Choose one of the companies from the previous job search log.

Fill out an application by downloading one from the companys website, orusing the generic application found on the next page of this project.

b) Writing a cover letter

a) First, briefly explain the necessity of a cover letter by indicating thepurpose of each paragraph on the following website:http://www.tbrnet.com/letters/tips.php

1. To tell why you are writing. You want to get the employersattention and arouse their interest. Display your knowledge of thecompany you are writing to.

_______________________________________________

2. To briefly describe your academic qualifications. Identify the job

you are interested in or the general area if there is more than onejob you are interested in._____________________________________________

3. In this paragraph, you want to relate your education andqualifications for the position you are applying for. Refer to thepoints in your resume and expand on them. If you do no have agreat deal of work experience, mention extracurricular activitiesthat would relate to the position.__

4. To ask the employer for an interview appointment, and suggestthe best time for you to be reached.

5. To thank the prospective employer for their time andconsideration.

b) Then, summarize cover letter tips found on the same web page.

1. The cover letter should be personalized for every job you applyfor.

2. Use Sincerely as your closing.3. The paper should match the paper you used for youre your

resume.4. Make sure that you are addressing the person correctly.5. The Paper Direct has paper that has business cards embedded in

the lower corner. Most cover letter are not kept, but they canpunch out your business card and keep that.

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mailto:[email protected]:[email protected]://www.tbrnet.com/letters/tips.phpmailto:[email protected]:[email protected]://www.tbrnet.com/letters/tips.php


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c) Finally, go to http://tbrnet.com/letters/generator/newspaper.php3and inputthe appropriate information to complete your cover letter. Be sure to saveand print your cover letter.

Quentin Owell

Jacksonville, FL

Dear Mr. Owell:

I noticed your advertisement for a Registered Nurse in the edition ofScientific Search. I am very interested in pursuing this opportunity andhave enclosed my resume for your review.

My resume is lengthy enough, so I will not overburden you with mycredentials. All I can say is that I can attribute all of my success to just onething I am extremely dedicated to my profession. I have both theeducational and practical experience necessary to do the job!

If you are seeking a candidate with my qualifications, I would welcome apersonal interview. I can be contacted at 954-438-8438, 7am-2pm, orthrough e-mail at: [email protected]. Thank you for your time andconsideration.

Sincerely,

Christopher Galvez

Enclosure

c) Completing a Resume Use the website http://www.jobweb.com/resumes_interviews.aspx?id=896 to

identify the importance of a resume, and write a summary for all of thefollowing areas:

1. What is a resume?It is a brief document that highlights a persons experience,qualifications, and skills

2. How to prepare an effective resumePay attention to detail. Do the basics such as proofreading.Construct an effective resume by organizing your information andkeeping descriptions clear. Customize their response by includingthe name of the company and the position they are hiring for. Makeit easy for the hiring manager by using your name and the word

resume in your e-mail header. Focus on what you bring to theemployer, not what you want from the job. And lastly, beprofessional.

3. Action Words (List 10 that you feel are useful)1) Achieved__________________6)_Assisted___________________

2) Established_______________ 7) Demonstrated ______________

3) Formed__________________ 8) Motivated _________________

4) Improved_________________ 9) Discovered ________________

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http://tbrnet.com/letters/generator/newspaper.php3http://www.jobweb.com/resumes_interviews.aspx?id=896http://tbrnet.com/letters/generator/newspaper.php3http://www.jobweb.com/resumes_interviews.aspx?id=896


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5) Managed_________________10) Generated ________________

4. What employers wantFollow directions. Be careful to enter the correct Be careful to enter

the correct data in the correct field. Ask for advice on completing

the application from a company recruiter or an alumnus who may

work at the company. Tailor your application information to the

position. Use key words when theyre looking for people to fill

specific positions. Make sure your resume can hold its own in a very

simple format.

*List the ten things that Employers look for:1) Use key words, buzz words, and industry verbiage.

2) Use quotes from letters of recommendation in your resume or cover letter.

3) Include a strong objective.

4) Complete all fields.

5) Tailor your application information to the position.

6) If the company offers an optional assessment test online, take it.

7) Follow up your electronic application with a personal e-mail to the recruiter.

8) You should include remarks in the comments section that demonstrate that you

have researched the company and industry.

9) Keep your resume format simple is good advice regardless of whether or not youre

applying online.

10) If possible, spell check and grammar check your application before submitting it.

Next, go to the website http://hj.resumes.yahoo.com/?clink=toolsand insert the appropriate information in order to complete your resume. Be sure

to save and print your resume.

You can utilize the following websites to view sample resumes:o http://www.bestsampleresume.com/

o http://www.freeresumesamples.org/

Christopher G. Galvez

SW. 18th St. Miramar, FL 33029 Phone: (954)438-8438 Fax: E-Mail:[email protected]

ObjectiveI am a graduate of nursing school and have passed my N-CLEX RN. I am looking for a job with the position of a Registered Nurse.

Experience

August 2004 - August 2010 I have experience volunteering at hospitals, and learning in my Nursing School.

I have been volunteering since high school

I have shadowed nurses and doctors during my college career.1

Education

August 2004 August 2010

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http://hj.resumes.yahoo.com/?clink=toolshttp://www.bestsampleresume.com/http://www.freeresumesamples.org/http://hj.resumes.yahoo.com/?clink=toolshttp://www.bestsampleresume.com/http://www.freeresumesamples.org/


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I graduated from the University of Florida. Ive had a 3.95 and higher throughout my high school and college life. I earned my Bachelors

degree for Nursing and Associate degree of Nursing. I recently passed my NCLEX-RN exam with flying colors. I also majored in Biology

and Chemistry.

SkillsNot only do excel at just sciences and health related subjects, but I am also an all-around kind of person. I played trumpet for the

University of Florida, and played drums as an interest. I became section leader for the trumpet section. I also am talented in the arts such

as drawing and photography.

d) Preparing for an Interview

Interviewing can be one of the most angst-ridden times during the search foryour ideal job. However, remember the famous quote, Preparation andorganization, breeds confidence! Prepare and organize yourself bycompleting the following elements of Stage 1.

Go to the website following website to complete the following section: http://www.jobweb.com/interviews.aspx?id=2001

List the 10 Steps to a Successful Interview1) Learn as much as you can about the company beforehand.2) Do practice interviews with a career counselor, friends, and family

members3) Think about how your experience in work, classes, and activities can

relate to the job youre seeking.4) Allow plenty of time to get to the interview and, if possible, visit the site

in advance and time how long it takes to get there.5) Plan your interview attire n advance and make sure your clothing is

pressed, your shoes are shined, and your hair and nails are wellgroomed.

6) Bring extra copies of your resume ad a list of references.7) Speak slowly and clearly and dont be afraid to pause for a moment to

collect your thoughts.8) Be honest. Dont try to cover up mistakes. Instead, focus on how youlearned from them.

9) Be assertive.10)Ask the interviewer for a business card and send a thank-you not or e-

mail as soon as possible.

List the important points from the page Appropriate Attire is a Must.You need to dress good because people will draw conclusions from your physical

appearance.

List the ten important Favorite Questions and Answers.

http://www.jobweb.com/Interview/help.aspx?id=282

1) What do you see yourself doing five years from now?a. I want to hear something to retail.

2) How do you make yourself indispensable to a company?

a. We are looking for both technical and interpersonal competence.

3) Whats your greatest strength?

a. Dont just talk about strength relate it to the position.

4) Whats your greatest weakness?

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a. Say something along the lines of, I have difficulty with this thing, and these

are the strategies I use to get around it.

5) Tell me about a time when your course load was heavy. How did you complete all

your work?

a. We are looking for a plan-ahead kind of individual, not someone who just flies

by the seat of his pants.

6) Tell me about a time when you had to accomplish a task with someone who was

particularly difficult to get along with.

a. I want to hear something that shows the candidate has the ability to be

sensitive to the needs of others but can still influence them.

7) How do you accept direction and, at the same time, maintain a critical stance

regarding your ideas and values?

a. Internship or co-op experience can give students the experience to answer

that question.8) Tell me how you handled an ethical dilemma.

a. Students who cant offer a situation that they handled correctly the first time

can explain how the they learned from making mistakes.

9) What are some examples of activities and surroundings that motivate you?

a. Most of our technical disciplines are teamwork professions and require

getting along with and motivating other people.

10)Tell me about a time when you had to resolve a problem with no rules or guidelines in

place.

a. Im looking for a sense of urgency in initiating action.

List the ten interview pitfalls:

http://www.quintcareers.com/interview_mistakes.html

1) Poor handshake

2) Talking too much

3) Talking negatively about current or past employers/managers

4) Showing up to late or too early

5) Treating the receptionist rudely

6) Asking about benefits, vacation time, or salary

7) Not preparing for the interview

8) Verbal ticks

9) Not enough/too much eye contact.

10)Failure to match communication styles

e) Writing a Follow-Up-Letter/Thank You Letter

- 15 -
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16/26

Briefly explain the necessity of a follow-up-letter by indicating the purpose ofeach paragraph on the following website:http://www.tbrnet.com/letters/index.php:

1. Thank the interviewer for their time. Mention date and

time of day. Tell the interviewer how much you enjoyed meeting

with them.

2. Tell them that you are

very interested in the company, and working for them, and

express enthusiasm for the company and job.

3. A final thank you.

Establish the next point of contact.

b) Then, summarize the follow-up-letter tips found onhttp://www.tbrnet.com/letters/index.php:

1. Thank you letters

should be sent out within 2 days of the interview.

2. A resume should be

included with the thank you letter.

3. If you forget to mention

a pontin your interview this is the perfect place to bring it up.

4. Mention that you are

looking forward to hearing the decision of the employer.

Next, complete the process by typing up a follow-up-letter. Use thefollowing website for an example and format:http://jobsearch.about.com/od/thankyouletters/a/samplethankyou.htm

Be sure to save and print your follow-up-letter.Dear Mr. Owell,

I would like to thank you for your time on December 10, 2010 at 12:15

pm. I have enjoyed meeting with you. The interview was enjoyable, and it

opened my eyes to different areas I have not seen before.

I am highly interested in what the hospital has to offer. I cannot wait to

work within those walls, helping people recover. This hospital is unique in

various ways, and I cannot comprehend working at another place.

In regard, I would like to thank you once again, and I would like to meet

up again, and perhaps do another interview. I would like for you to keep

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http://www.tbrnet.com/letters/index.phphttp://www.tbrnet.com/letters/index.phphttp://www.tbrnet.com/letters/index.phphttp://www.tbrnet.com/letters/index.phphttp://jobsearch.about.com/od/thankyouletters/a/samplethankyou.htmhttp://jobsearch.about.com/od/thankyouletters/a/samplethankyou.htmhttp://www.tbrnet.com/letters/index.phphttp://www.tbrnet.com/letters/index.phphttp://jobsearch.about.com/od/thankyouletters/a/samplethankyou.htm


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me in touch with anything that goes on in Cyber Scientific. Please call me

at (954)438-8438.

Sincerely,

Christopher Galvez

Wow, your head is probably spinning with all the work it has taken to get your first job. Nowyou get the coveted responsibility of figuring out how to use your money. Have you everthought about where your money goes? What do you do with it? Do you spend it on foodand clothes, or do you save most of your money for the ultimate trip to Europe? Directly orindirectly, youve probably already spent some money today. If you came to school by car orbus, money was spent to pay for gas. If you buy a snack during the day or buy your lunch inthe cafeteria, youre going to be spending money. Thats what this stage is about,understanding where your money goes and figuring out how to make the most of it.

Directions: Go to the websites listed below in order to complete the assigned work.The Process:

Step 1. Defining a Budget1. Use the following website:

http://articles.moneycentral.msn.com/SavingandDebt/LearnToBudget/Your5MinuteGuideToBudgeting.aspx to answer the following questions:

a. What is a budget and why do I need one?

Its an avenue to know where your money goes and help you reach

your financial goals. You need one because you simply cant spend

more than you make, at least not for long.

List and describe the three elements discussed under Building the

Budget Habit as described on the following website:

b. Write it down. If you dont, you probably wont stick to it.c. Get into the habit of thinking ahead. If you know your

situation is going to change, plan for it and try to pay cash.

d. Remember, budgeting is the means, not the end. Keep spending

mistakes in perspective.

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Stage 2 Budgeting
http://articles.moneycentral.msn.com/SavingandDebt/LearnToBudget/Your5MinuteGuideToBudgeting.aspxhttp://articles.moneycentral.msn.com/SavingandDebt/LearnToBudget/Your5MinuteGuideToBudgeting.aspxhttp://articles.moneycentral.msn.com/SavingandDebt/LearnToBudget/Your5MinuteGuideToBudgeting.aspxhttp://articles.moneycentral.msn.com/SavingandDebt/LearnToBudget/Your5MinuteGuideToBudgeting.aspx


18/26

Step 2. Research Fixed and Variable Expenses

First, define the following terms atwww.dictionary.como Net Income The excess of revenues and gains of a business over

expenses and losses during a given period of time.o Fixed Expenses is a cost that does not change from period to

period or that changes only very slightly.o Variable Expenses change depending on your consumption of a

go6od or service. It is a cost that changes significantly from periodto period.

Next, determine approximately how much money you would net per monthat the job you selected in Stage 1 (entry level wages).

o Net Income Per Month: $4,380.17

Finally, determine how much each item listed on your budget will cost youper month by searching the following websites:

a) Rent

Use the following websites: www.rent.com, www.apartments.com,www.apartmentguide.com to help you find an area to live in that will be

both desirable and cost efficient. Fill in the following information:o Address 488 E. Ocean Blvd, Long Beach, CA 90802

o Bed/Bath 2 bedrooms/2.5 baths

o Pets - negotiable

o Property Features Long Beach waterfront (perfect ocean views),

custom finishes, and spacious floor plans. Includes public swimming

pools, gym, garage, high speed internet, air conditioning, storage

center

o Comments different models result in different prices.

o Monthly Cost - $2100/12=$320.83 per month

o http://www.apartments.com/summary.aspx?

page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&r

ent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg

=1067&am22=0&prvpg=1067&am24=0&prvpg=1067&am19=0&prvpg=1067&am23=0&prvpg=1067&qsearcht

ype=1&prvpg=1067&srt1=0.71&prvpg=1067&srt2=0.98&prvpg=1067&srt3=0.95&prvpg=1067&pdriveit=0&pd

rivefrm=1#MenuItem

o

b) Electricity, Water, and Telephone

Find out from your parent(s)/guardian the average monthly cost for each ofthe following fixed prices:

o Electricity - $150

o Water - $70

o Telephone - $100

o Cable TV - included

o Gasoline - $200

- 18 -
http://www.dictionary.com/http://www.dictionary.com/http://www.rent.com/http://www.apartments.com/http://www.apartmentguide.com/http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.dictionary.com/http://www.rent.com/http://www.apartments.com/http://www.apartmentguide.com/http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10http://www.apartments.com/summary.aspx?page=summary&property=117058.3&stype=zip&prvpg=1067&zip=90802&prvpg=1067&rad=5&prvpg=1067&rent_minimum=0&prvpg=1067&rent_maximum=99999&prvpg=1067&onebdrm=1&prvpg=1067&am2=0&prvpg=1067&am22=0&prvpg=1067&am24=0&prvpg=10


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o Medical/Dental Care - $250

c) Car Payments

Use the following websites to buy a new/used car: www.edmunds.com,www.autotrader.com,www.autoweb.com, http://carpoint.msn.com/. Forthe sake of the project you are awarded $3000.00 as a down payment on

any new/used car. Use the following website to determine monthlypayments: http://autos.yahoo.com/finance/calcloanlease.html?cf=autoloan.

Fill in the following information to complete this step:

o Make Honda Accord

o Model 2010 Honda Accord 2.4 EX-L (M5) Coupe

o Retail Price - $23,642

o Insurance comprehensive and collision - $430.16

o Total estimated Monthly Payment - $305

Use the following website to determine the monthly cost of car insurance.http://autos.yahoo.com/insurance.html?refsrc=

o Estimated Monthly Rate - $300

d) Health Insurance research the average price for basic health insurance

coverage and include the monthly fees in your final budget. http://www.money-

zine.com/Calculators/Insurance-Calculators/Health-Care-Insurance-Cost-Calculator/

e) Food

Go shopping for food at http://www.publix.com/servlet/MainController?action=prepareGroceryList to compile an imaginary shopping list, whichyou will then multiply by four to determine an estimated monthly cost forfood. Fill in the following information to complete this step:

o Grocery List Include Item and Price

1.Milk $3.50 11.Oreos $2.75

2.Orange Juice $3.50 12.Rice $2.003.Cereal $4.75 13. Chicken Breast $8.004.Bread $200 14. Coca Cola products x2 $4.005. American Cheese $3.75 15. Ice cream $3.006.Doritos spicy/sweet chips $2.50 16. Hotpockets $4.507 Pasta $1.50 17. Sunsilk shampoo $2.008.Marinara Sauce $3.00 18.Sunsilk conditioner $2.009.Ground Beef $3.00 19.Toothpaste $2.5010.Tysons chicken strips $7.50 20. Soap $4.00

- 19 -
http://www.edmunds.com/http://www.autotrader.com/http://www.autotrader.com/http://www.autoweb.com/http://www.autoweb.com/http://carpoint.msn.com/http://autos.yahoo.com/finance/calcloanlease.html?cf=autoloanhttp://autos.yahoo.com/insurance.html?refsrchttp://www.money-zine.com/Calculators/Insurance-Calculators/Health-Care-Insurance-Cost-Calculator/http://www.money-zine.com/Calculators/Insurance-Calculators/Health-Care-Insurance-Cost-Calculator/http://www.publix.com/servlet/MainController?action=prepareGroceryListhttp://www.publix.com/servlet/MainController?action=prepareGroceryListhttp://www.edmunds.com/http://www.autotrader.com/http://www.autoweb.com/http://carpoint.msn.com/http://autos.yahoo.com/finance/calcloanlease.html?cf=autoloanhttp://autos.yahoo.com/insurance.html?refsrchttp://www.money-zine.com/Calculators/Insurance-Calculators/Health-Care-Insurance-Cost-Calculator/http://www.money-zine.com/Calculators/Insurance-Calculators/Health-Care-Insurance-Cost-Calculator/http://www.money-zine.com/Calculators/Insurance-Calculators/Health-Care-Insurance-Cost-Calculator/http://www.publix.com/servlet/MainController?action=prepareGroceryListhttp://www.publix.com/servlet/MainController?action=prepareGroceryList


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o Estimated weekly cost x 4 = $279

Step 3 Figuring Your Budget

Hopefully you have survived the rigors of selecting a job and researchingdifferent methods of spending. Now you will need to input information intoyour Personal Finance Budget Spreadsheet, which was provided by yourinstructor.

At this point in the project, you have learned how much it is going to costto live. Now, you must play with the numbers to make it work.

Complete the following steps in order to complete this project:1. Locate all of the calculations that were determined throughout the

project.2. Determine your total gain/loss for the month on the budget

spreadsheet.3. If necessary, adjust the figures to break even, or to create a surplus.

(You can use comparative figures in the month column next to youroriginal figure.)

Step 4 - Research Savings

The United States financial system offers many different opportunities to

make your money work for you. You will need to identify basicinformation about saving throughout this section.

For the sake of this project you are awarded $5000.00 for an initialinvestment.

You will be researching the following investment possibilities in order tocomplete Stage 2

1. Checking Account2. Savings Account3. Money Market4. Certificate of Deposit (CD)5. Individual Retirement Account (IRA)

1. Checking Account - Go to the following website in order to answer questions about

Checking Accounts: https://www.bankofamerica.com/index.jsp List the three types of checking accounts offered at Bank of America.a. My access checking account

b. Campus Edge checking account

c. Advantage with Tiered Interest Checking Account

How much do each cost monthly?

a. $0

b. $0

c. $25

Which of the previous offers interest on their account? Advantage with

Tiered Checking Account

List the Balance Tiers and each levels Annual Percentage Yield

Balance Tiers APY

Less than $10,000 0.05%

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$10,000-$99,999 0.25%

$99,999 and over 0.40%

Indicate the monthly cost of your checking account $ 0

2. Savings Account - Go to the following website in order to answer questions about SavingAccounts:http://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_overview&context=&statecheck=FL&cd_bag=&sa_bag=&ch_bag=

Briefly describe Bank of Americas Savings ProgramBank of Americas savings program offer many things like interest, no monthly

fee if you can keep a minimum balance in your savings account. This

motivates other people to save their money.

How much money does it take to start a savings account? $25

What balance must you maintain in order to avoid monthly fees? $300 What is the APR for the Statement Savings program 0.10%

How much money are you going to allocate towards your savings fromyour initial $5000.00?$500

How much money are you going to deposit into your savings from your netincome monthly?$0

Indicate the monthly cost of your savings account $2.08

3. Money Market Account - Go to the following website in order to answer questionsabout Money Market Funds:http://momo.essortment.com/whatismoneyma_rvma.htm

Explain the advantages of a money market account___Its like a savings account but it pays a higher interest rate.

List and explain the three different types of money market accounts:

a. Basic money market account, which has a designated minimum opening

deposit and balance.

b. Tiered money market account, which requires larger minimums but pays a

higher interest rate.

c.package deal in which you have a savings account, a certificate of deposit

and a money market account with the same bank. This one may waiver on the

minimum deposit, and pay a higher interest rate

Go to the following website to answer additional questions about MoneyMarket Accounts:

http://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_selectmoneymarket

How much money does it take to start a money market account? $25

What balance must you maintain in order to avoid monthly fees? $5,000

- 21 -
http://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_overview&context=&statecheck=FL&cd_bag=&sa_bag=&ch_baghttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_overview&context=&statecheck=FL&cd_bag=&sa_bag=&ch_baghttp://momo.essortment.com/whatismoneyma_rvma.htmhttp://momo.essortment.com/whatismoneyma_rvma.htmhttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_selectmoneymarkethttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_selectmoneymarkethttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_overview&context=&statecheck=FL&cd_bag=&sa_bag=&ch_baghttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_overview&context=&statecheck=FL&cd_bag=&sa_bag=&ch_baghttp://momo.essortment.com/whatismoneyma_rvma.htmhttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_selectmoneymarkethttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=save_selectmoneymarket


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Balance Tiers APY

Less than $5,000 0.15%

$5,000-$9,999 0.15%

$10,000-$24,999 0.65%

How much money are you going to allocate towards your money marketaccount from your initial $5000.00?$0

How much money are you going to deposit into your money marketaccount monthly from your net income?$0

Indicate the monthly cost of your money market account $0

4. Certificate of Deposit (CD) - Go to the following website in order to answer questions

about Certificates of Deposit: http://www.sec.gov/investor/pubs/certific.htm

a. What is a Certificate of Deposit?

It is a type of deposit made with a bank or institution that offers a higher rate than other

accounts, but you cant take any out of the account for at least 6 months.

b. Why are CDs tiered (ranked)

Some CDs are have longer periods of time than others. The more you invest in

the CDs investment period, the more interest you can earn.

c. What typically happens when you withdrawal early? You may have an early

withdrawal penalty, or forfeit a portion of the interest you earned.

d. Why is a CD considered a safe investment?

They are safe because they are insured up to $250,000, while other are

insured up to $100,000 or so.

Go to the following website to answer an additional question about CDs:http://www.bankofamerica.com/deposits/checksave/index.cfm?

template=cd_27&context=tabpage_Rates_Fees How much money does it take to open a traditional CD? What is the

exception?$1,000


Term/Months APY

6-11 months 0.4012-17 months 0.85

- 22 -
http://www.sec.gov/investor/pubs/certific.htmhttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=cd_27&context=tabpage_Rates_Feeshttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=cd_27&context=tabpage_Rates_Feeshttp://www.sec.gov/investor/pubs/certific.htmhttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=cd_27&context=tabpage_Rates_Feeshttp://www.bankofamerica.com/deposits/checksave/index.cfm?template=cd_27&context=tabpage_Rates_Fees


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18-23 months 0.9524-35 months 1.5036-47 months 1.86

How much money are you going to allocate towards your money marketaccount from your initial $5000.00? $4000

Indicate the monthly cost of your certificate of deposit$ 283 per month on 12months

5. Individual Retirement Account (IRA) follow the following website in order to answerquestions about mutual funds: http://www.moneyinstructor.com/art/mutualfundunders.asp

a. What is an IRA? It is a retirement plan that allows you to contribute alimited yearly sum toward your retirement; taxes on the interest earned in theaccount are deferred.

b. How much do present tax laws allow you to deposit into an IRA per year?$4,000______________

c. How does an IRA change for married couples? If you or your spouse files

taxes separately, then the IRA can be in your spouses name to avoid some ofthe restrictions.

d. Explain how the tax laws regarding deposits will change over the next fiveyears.

The problem is that with a growing number of retired people that work, willonly be able to come up with about 75% of what will be needed to supportthemselves. On top of that, companies are rapidly doing away with pensionplans, therefore making tax laws regarding deposits taken more seriously.

e. Explain how an individual makes withdrawals on an IRA. If you are over 50,you are allowed to make larger, catch up payments to your IRA each year. If

you withdraw money before 59 , you will not only be taxed at your currenttax rate, but also be penalized for another 10%.

f. What is the difference between a traditional IRA and a Roth IRA? The RothIRA is funded by post tax dollars, and you will not get a tax deduction in theyear you make the contribution, but the account may never be taxed again.

The same tax regulations apply to a traditional IRA since they are with pre-tax,or tax deductible dollars.

How much money are you going to allocate towards your IRA account fromyour initial $5000.00? $500

How much money are you going to deposit into your IRA from your netincome monthly?$100

*Next, estimate how much money you will allocate towards the various methods of savings.You should also project how much money you will make on each of the investments in 10,

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20, and 30 year time periods. Base these figures on your original APY, which should give youan indication of where you want to spend your money.

Financial AssetsInitial Investment

(out of $5000)Monthly

InvestmentAPY 10 20 30

1. Checking 0 0

2. Savings 500 0 .05 502.51 1005.5315013.08

3. Money Market 0 0

4. Certificate ofDeposit 4000 0 .40

4353.30 9091.11

14247.40

5. IndividualRetirement Account

500 100 .75 538.79 1119.38 1745.02

Step 6 Figuring Your Budget

Hopefully you have survived the rigors of selecting a job and researchingdifferent methods of spending. Now you will need to input information intoyour Personal Finance Budget Spreadsheet, which was provided by yourinstructor.

At this point in the project, you have learned how much it is going to cost

to live. Now, you must play with the numbers to make it work. Complete the following steps in order to complete this project:

4. Locate all of the calculations that were determined throughout theproject.

5. Open your Personal Finance Budget Spreadsheet and input the datainto the Budget program for one month.

6. Determine your total gain/loss for the month.7. If necessary, adjust the figures to break even, or to create a surplus.

(You can use comparative figures in the month column next to youroriginal figure.)

8. Be sure to Save and Print your Personal Finance Budget Spreadsheet.

NET INCOME Monthly

Monthly Income $4,380.17

- 24 -

BUDGET SPREADSHEET


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FIXED EXPENSES

Rent $2100

Electricity $150.00

Water $70

Telephone (Home & Cell) $100

Car Loan Payment $430

Health/Dental Insurance $250

Car Insurance $300

Gasoline $200

Cable T.V. included

Investments (Stocks, IRA, etc.) $100

Food $279

SUBTOTAL: $3979 -

VARIABLE EXPENSESPersonal Savings $100

Entertainment $50

Clothing $50

Miscellaneous Personal Care $50

SUBTOTAL: $ 350 -

TOTAL EXPENDITURE

Total Income$ 4380.17

-

Total Expense $ 4379 -

GAIN/LOSS: $ 51.17 -

Write a formal summary (typed, double spaced, 10 or 12 point font) reflecting on theconcepts that you learning in doing this project. Consider the following questions:

What is the most important reason for having a financial plan?

Describe what you consider may be your greatest obstacle in putting the plan intoaction?

What is your greatest asset in making the plan a success?

What is the most important lesson you learned in creating you financial plan?

How will you use this information in the future?

Share your final project with your parent/guardian. Include their comments/ideas.

What grade would you give this project and why?

Congratulations, you have successfully completed life!!!You are a real person!!!

PROJECT CHECKLIST:

- 25 -

Stage 3 Reflection


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Print out this page and check off each item when completed. Include this page with yourproject.

CAREER SEARCH: ______ Career Interests Inventory20 points ______ List and evaluate careers that fit your personality

______ Occupation Research 5 jobs______ Find a Job! Identify at least 10 Employment Opportunities

COVER LETTER ______ Research and create cover letter& RESUME: ______ Complete sample application20 points ______ Research and create resume

______ Interview Research______ Research and create follow-up letter

BUDGETING: ______ Budget research20 points ______ Fixed and Variable Expenses

HOUSING ______ Type of Housing: Apartment or House (Get Pictures)______ Rent/Mortgage (How Much $ per Month?)______ City and State______ Community information (population, things to do)______ Pictures/maps of the city______ Utilities (How Much $ per Month?)______ Furnishings (How Much $ - What will you need?)

AUTO ______ Make, model, insurance, monthly payment, service, gas,etc.

PERSONAL EXPENSES (not all are required and you may have someadditions):

______ Groceries ______ Internet Service______ Dental ______ Cell phone _______Clothing ______ Personal Care ______ Internet Service ______ Entertainment

SAVINGS _______ Checking& INVESTMENTS: _______ Savings20 points _______ Retirement

FINANCE BUDGET SPREADSHEET:10 points _______ Balanced and complete spreadsheet

REFLECTION: ______ One page reflective essay emphasizing what you learned.10 points

name: christopher galvez period: 2 dr. vincent – honors economics 2009

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