Personal Finance 3.01-3.03

An example of a transferable skill is a skill...

• that can be only used in an individual's job or career

• used in your job that you acquired through past jobs, volunteering, hobbies, school sports, or other life experiences

• that each employer requires you to learn

• that is learned at one job and is required at other jobs as well

Erin has been in college for two years and has decided that the major she has been studying isn't for her. Changing her major and/or college could result in:

• a well-rounded college degree
• the need for backwards planning
• remediation courses to make up for the change in majors
• losing credits for classes she has already taken

Individuals with more formal educational training usually have:

• higher estimated lifetime earnings
• lower personal satisfaction
• greater amounts of leisure time
• more comfortable work environments

In order to make an informed career decision, a high school student will want to:

• choose a career that offers the amount of money desired
• choose a training program that will guarantee employment after the course work is completed
• commit to a profession that requires a college degree
• develop personal goals, complete a career assessment, and research careers

Lora is a high school computer and technology teacher. She enrolls in a computer class at least twice per year to stay current on recent technology changes and updates. By continuing her education, Lora is investing in her

• human capital
• salary
• family
• interest inventory

Miranda is working to develop a broad base of transferable skills. This means that she:

• Needs to maintain at least a part-time job during the school year.
• Use her available hours outside of school for paid employment rather than volunteering.
• Will not have as much time to develop her human capital
• Will have set a versatile skill that she can apply to many personal and professional roles

Career assessments help to identify:

• the job an individual should have is he/she wants high well-being
• possible career areas related to one's interests
• positions available in a particular occupation
• fastest and slowest growing careers in a particular occupation

Which statement is TRUE regarding college-level expectations for studying and completing projects?

• It is best to study alone in a quiet environment.
• Plan backwards from major deadlines
• Multi-tasking during study time develops the important skill of working while being distracted, so it is okay to message with friends or watch TV while studying
• The busier your schedule gets, the more important it is to write down only the mosgt critical tasks to be done.

Joanna has arranged to complete a job shadow with a physical therapist to decide if this is a career she wants to pursue. Which of her concerns is she MOST LIKELY to have answered as a result of her job shadow?

• The future outlook for physical therapy jobs
• The amount of money physical therapists earn
• Common tasks and typical daily activities
• Opportunities for advancement in the career

One's lifestyle is to their standard of living as present is to __________?

• future
• past
• recent
• gift