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Personal Finance Careers Quiz, Exams of Advanced Education

This overview covers personal finance and career-related topics, including job duration, types of pay, resumes, interviews, FICA taxes, skills, education, loans, occupations, and job search resources. It explores concepts like default, EFC, flex jobs, vocational training, demographic trends, 401(k) plans, and ROI.

Typology: Exams

2024/2025

Available from 09/29/2024

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Download Personal Finance Careers Quiz and more Exams Advanced Education in PDF only on Docsity! PERSONAL FINANCE CAREERS QUIZ how many years is the average job - 2.1 years how many jobs can an average person have in their lifetime - 20 different jobs Taxes deducted from paycheck - withholdings actual take home pay - net pay total wages from working - gross pay Tax used for government programs - Federal resume - list skills employment history and education introductory letter - tells employer that you will be contacting them cover letter - address specific qualifications you have for particular interview - most important aspect of securing a job; formal meeting with potential employer taxes that fund Social Security and Medicare - FICA resumes get you - interviews lifetime journey of building and applying skills knowledge and experiences in paid employment positions - career skills, knowledge and experiences possessed by a person - human capital versatile skills that are applied to personal and professional roles - Transferable skills people skills or soft skills; communicating with others - interpersonal skills intellectual skills that enable you to identify and analyze problems and find solutions - analytical skills specific skills such as computer proficiency and your ability to work with/repair specific equipment etc - technical skills demonstrate ability to sort data, plan, arrange projects, maintain accurate records etc - organizational skills elevated sense of well being comes from feeling good about your life - enhanced well being by advancing your career, you create the opportunity to earn more money - greater earnings defined by habits, attitudes, tastes, moral standards - lifestyle The level of material comfort as measured by the goods and services that you are able to purchase - standard of living one of the most common career enhancing forms of investing in yourself - continuing education social interactions networking life experiences are all examples of... - informal continuing education helps you learn specific set of new skills are examples of... - formal continuing education advancing your skills through continuing education results in what - great job security increased employability increased career earnings post secondary education is a form of what - formal training masters degree - must have bachelors to pursue doctorate degree - Must have a bachelors degree with four or more years of schooling afterwards professional degree - advanced degree required by some occupations (ex. attorneys) education pays in the form of what - higher earnings lower unemployment rates Grouping of jobs that perform similar tasks - occupation group of establishments that produce similar products and provides smaller services - industry Grouping of occupations and industries based on the knowledge and skills required - career cluster