You must put money in before you can take it out.

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 • Daydream • Make a thorough self-assessment • Gather career information • Set a realistic career goal • Make a decision • 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