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How Will I make Financially Sound Decisions?

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How Will I make Financially Sound Decisions?

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I will try to save money for college. This way, if I don't receive a scholarship I will still be able to keep myself from falling into too much debt. Also, I will try to make sure I don't spend money on things that I don't need, for example the latest clothes that people are wearing. This will help me receive the income that I desire because having less debt means that I would have a greater income from not having to pay as much for college.

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I want to be an Anesthesiologist. Since I want to go into a field that requires a lot of school, I need to make sure I make the right financial decisions so I don't end up in too much debt. I also want to go to a good college to guarantee having a job in the future. This will also affect the financial decisions I make.

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These things affect a person's financial decisions because they push people to buy things. For example, an advertisement for an item may show it to be better than actually is. This causes people to go buy that item because of how "cool" it looked. A real world example would be the iPhone 7. The commercial for the iPhone 7 makes the phone look very sleek and thin, and it makes it look different from the previous iPhones, when it is actually the same thing with small differences.

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Things That Affect a Financial Decision:

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Things That Affect a Financial Decision:

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There are many things that affect a person's financial decisions. Some of these things are emotions, friends and family, and advertising.

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How Financial Decisions Affect an Individual's Job Opportunities and Income:

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How Financial Decisions Affect an Individual's Job Opportunities and Income:

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"Even within a school, students’ choice of major had a disproportionate impact on their future job placement" (7). For students who plan on having a more successful career, they need to make sure they choose majors that are implemented into those careers.

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How the Different Jobs Will Affect a Person's Future:

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How the Different Jobs Will Affect a Person's Future:

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Engineering and business programs in universities tend to have the highest employment rates. These are the kind of careers people choose to guarantee a chance of having a job after college

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How Careers Affect an Individual's Job Opportunities and Income:

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How Careers Affect an Individual's Job Opportunities and Income:

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Public school grads earned just 80% of what private school grads earned" (6). So to make more money a private school can increase a students chances at success in their future.

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"Students graduating from well-known, well-regarded private schools took home the largest paychecks" (6). This shows that the better school a person attends, the higher their chance of making more money in the future.

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How Education Affects an Individual's Job Opportunities and Income:

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How Education Affects an Individual's Job Opportunities and Income: