Extra-Curricular Activities through School - learning how to be a good teammate, execute your job, face adversity, meet new people (officials & opposing players), communicate effectively
Memberships and Service Participation through Community - volunteering allows you to show you care about people & causes, just like the people you hope support you and give you opportunities
Part-Time Work Experience - nearly all of us need to have work experience in order show we can be good workers
"We are living in The Experience Age, the Information Age has passed" - do you agree? Are you experiencing?
- Many careers now involve social media, and so colleges' majors are including social media use (creation & analytics) in existing majors (journalism, marketing, public relations, and computer programming) and new majors are also being added (Newsweek: You Can Major In Social Media?, June 30, 2016)
- Facebook’s 1.6 billion users are down 21 percent,
- Snapchat also ranks as the most popular social media site among teenagers and young adults in the United State
- Snapchat encourages users to NOT hoard messages (information), and instead to "live in the now": Sent a message 64%, Sent a photo 54%, Added a friend 45%, Sent a video 39%, Created or viewed a story 37%
The best time to plan for your retirement = in high $chool? YE$, learn how to build wealth!
1) Understand there is a difference between saving money and investing money.
2) Take advantage of compounding interest!
3) Start investing early.
4) Do not buy things you cannot afford.
5) Use credit cards responsibly (credit card companies get rich by customers paying them compounding interest).
6) Buy assets, not liabilities.
7) Make yourself a budget and stick to it.
Most of us do not practice the 7 things listed above:
- 78% of Americans with full-time jobs reported having to live paycheck-to-paycheck*.
- Even 10% of those making $100,000 per year reported living paycheck-to-paycheck*.
- 56% reported being in more debt than they know how to face.
- PHS Students - do you remember how many business courses you are required to take compared to English, Math, Science, Social Studies & PE?
- You can do so much better than face uncomfortable money issues that are common stress and tension for so many!
- Here is U of Illinois webpage helping us understand how continual small savings put into an growing investment can become a large sum of wealth (https://extension.illinois.edu/money/saving_twentyperweek.cfm) you can use the tool on this page to play and see different "What IF" scenarios; "What would happen if I put $10 or $100 per week in for 10 or 40 years at got 5% or 10% interest on that investment?"
*Paycheck-to-paycheck means having less than one month's salary in savings to cover regular living expenses, so if you cannot have one paycheck, you are unable to pay for life's essentials (home, clothing, food, & transportation).