Chapter 2 Finances and Career Planning

1
Chapter 2 Finances and Career Planning

• Section 2.1
• Planning Your Career

2
Choosing a Career

• What is the difference between a job and a
  career?
• A career is a commitment to work in a field that
  you find interesting and fulfilling.

3
Career Decision Trade-Offs

• Standard of living a measure of quality of life
  based on the amounts and kinds of goods and
  services a person can buy
• Some pursue careers that are financial and
  personally fulfilling
• Choose a career that reflect your interests,
  values, and goals

4
Trade-offs

• What are some trade-offs that the book talked
  about when making career decisions?
• The more you know about your own interests,
  values, and goals the better career choices you
  can make that will balance all of them

5
Career Training and Skill Development

• Education will help you meet your financial
  goals.
• Education increases your potential earning power
• Read through the second paragraph on page 33.

6
Personal Factors

• What do you do best?
• What do you enjoy?
• The right fit aptitude tests and interest
  inventories may not pick out the right career for
  you, but they can help lead you in the right
  direction
• Find a career that gives you balance

7
Stages of Career Planning

• Figure 2.1 page 35
• If you choose a career and are dissatisfied with
  the work that you are doing, you have the option
  of changing to a different career.
• What are some ways to make sure you make a wise
  career choice?

8
External Factors and Opportunities

• Social influences - demographic trends and
  geographic trends
• Economic factors interest rates, inflation, and
  consumer demand
• Industry Trends - foreign competition and the
  change in technology
• Why should you consider external influences?