Download PERSONAL FINANCE CAREERS QUIZ 2024 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