William, starts saving $4,000 a year (about $333.33 per month) when he is 20 and stops after 20 years, after having saved $________.

His brother, James, starts saving $4,000 at 40, and does so for 25 years, for a total of $_______ saved.

They earn 6% on their savings.

At age 65, William will have $____ in his account, while James will have  $_____ . Despite having saved less, William's nest egg will be almost four times greater because of compounding

1. If you put $500 into a regular savings account in the bank when you are 18 years old, and add $50 each month, how much will you have when you are 68 years old (50 years later)?

$39,500.23

2. If you put $500 into a regular savings account in the bank when you are 30 years old, and add $50 each month, how much will you have when you are 68 years old (38 years later)?

$28,301.40

3. If you put $500 into a regular savings account in the bank when you are 40 years old, and add $50 each month, how much will you have when you are 68 years old (28 years later)?

$19,938.10

4. If you put $5000 into a regular savings account in the bank when you are 30 years old, and add $500 each month, how much will you have when you are 68 years old (50 years later)?

$283,013.98

5. If you put $5000 into a regular savings account in the bank when you are 40 years old, and add $500 each month, how much will you have when you are 68 years old (28 years later)?

$199,381.03

6. If you put $500 into a regular savings account in the bank when you are 18 years old, and add $100 each month, how much will you have when you are 30 years old (12 years later)?

$15,782.42

This makes me think that saving is an important part of life for the future

Week 5 Homewwork

I am very grateful for my internship at Terra Linda Veterinary Hospital. I learned about becoming Veterinary Technicians and Veterinarians, this helped me visualize if those career were potentially a good choice for me. From this class, I learned a lot about having financial plans specifically for yourself and figuring out what values were important for myself. If I had not participated in my internship this summer, I would have not received knowledge on this career, financial/budget plans, and general information to study for this sort of career. With Waybook, I learned about my strengths, values, passion, and personality. With all of the activities, I learned what will be better for myself and my future.

Interest blog

1. If you put $500 into a regular savings account in the bank when you are 18 years old, and add $50 each month, how much will you have when you are 68 years old (50 years later)?

$39,500.23

2. If you put $500 into a regular savings account in the bank when you are 30 years old, and add $50 each month, how much will you have when you are 68 years old (38 years later)?

$28,301.40

3. If you put $500 into a regular savings account in the bank when you are 40 years old, and add $50 each month, how much will you have when you are 68 years old (28 years later)?

$19,938.10

4. If you put $5000 into a regular savings account in the bank when you are 30 years old, and add $500 each month, how much will you have when you are 68 years old (50 years later)?

$283,013.98

5. If you put $5000 into a regular savings account in the bank when you are 40 years old, and add $500 each month, how much will you have when you are 68 years old (28 years later)?

$199,381.03

6. If you put $50 into a regular savings account in the bank when you are 40 years old, and add $10 each month, how much will you have when you are 68 years old (28 years later)?

$3,921.56

This makes me think… ________

Interest

1. If you put $500 into a regular savings account in the bank when you are 18 years old, and add $50 each month, how much will you have when you are 68 years old (50 years later)?

A:$39,500.23

2. If you put $500 into a regular savings account in the bank when you are 30 years old, and add $50 each month, how much will you have when you are 68 years old (38 years later)?

A:$28,301.40

3. If you put $500 into a regular savings account in the bank when you are 40 years old, and add $50 each month, how much will you have when you are 68 years old (28 years later)?

A:$19,938.10

4. If you put $5000 into a regular savings account in the bank when you are 30 years old, and add $500 each month, how much will you have when you are 68 years old (38 years later)?

A:$283,013.98

5. If you put $5000 into a regular savings account in the bank when you are 40 years old, and add $500 each month, how much will you have when you are 68 years old (28 years later)?

A:$199,381.03

6 If you put $2,500 into a regular savings account in the bank when you are 18 years old, and add $25 each month, compounded quarterly, how much will you have when you are 68 (50 years later)?

A:$23,550.02

This makes me think that it is very worth it to have any kind of savings account, because over long periods of time, you can make a lot of money. Also, the earlier you start, the more money you make. It is not a linear addition. (10 years = 10,000 dollars) The more money you can put in to start means more interest, as the amount you add doesn't make as big of a difference in the overall total.

I am grateful for many things in life. To name a few would be incredibly good luck,  exceptional talents in certain areas of expertise, and humbleness as well, but the thing that I am most grateful for is family and friends, In my personal and work life my friends and family are always there to support my when I triumph and catch me when I fall.

Week 5 HW

I'm grateful for this great experience with the VCA Madera Pet hospital. I got to meet some really cool people and see different breeds of pets. I'm grateful for the summer career academy for helping me make a resume and a cover letter and letting me know what Career Readiness skills I need to improve on. For the classes I learned a lot about myself like what values are very important to me. This class also introduced me to Blogger and how to use it, which might be a helpful tool in the future. The finance planning activity really opened my eyes to what my future finance situation might be. So I have to rethink a couple of things. I am grateful for having such a productive summer that will look good when I apply to college.

Week 5

I am grateful for the opportunities given to me in this class to improve my knowledge of myself and to improve my application and job aspirations. Throughout the last five weeks, I have enhanced my knowledge of the parts of an application greatly by learning how to best present myself to my employer.  

I have also learned more about myself than I thought I wanted to know. (As it turns out, I quite enjoyed learning more about myself.) Through Waybook, I also learned what jobs and careers might interest me by looking more closely at what interests me and what my personality is. My idea of myself shifted from thinking I had no direction or sole interest to finding that as long as I am learning, I am happy. This will definitely come in handy later in life when I am applying for jobs, or find myself in a rut at work. I now know I can turn toward learning to improve my experience almost anywhere.  In addition to Waybook, I learned about myself through evaluating my career readiness skills. I am very grateful to have learned what most employers look for, and to know that I have a good handle on most, if not all, of the skills. 

Most of all, I am grateful for the opportunity to have worked in a professional lab environment in a low risk position that gave me the chance to practice what I have learned in class. This was probably a once in a lifetime opportunity and I am thankful that I got to have it with enough support to get me through it and make sure I did well at the actual internship. This allowed me to get the most possible out of the internship. 

I am grateful that I was able to fill my summer with experiences I can include on my college applications. I am grateful for the class increasing my computer literacy. Before this class I had never made a gmail, I had never done anything with google sites or drive. I feel I have the tools now to accomplish so much more. I have written my first resume and cover letter, I have created a linked in profile, and I have a letter of recommendation on file. I am thankful for my internship which has really helped me identify the sections of veterinary medicine I enjoy. I also am glad I did this internship and class because I am reconsidering my future. Through budgeting and finance planning I realized it's more ideal for me to be a neurosurgeon on humans instead of animals. My passion lies with surgery and with animals, but it's also important for me to not burn out on my love of animals. I feel volunteering with nonprofits for animals and working as a surgeon for humans could be the balance I'm looking for.

Week 4 HW

• A Vet technician gets a salary of about $30,290 per year. (http://www.bls.gov/ooh/healthcare/veterinary-technologists-and-technicians.htm)
• The total of my future expenses each year is about 48,000
• I plan to save about 6,000 a year for retirement and emergencies
• On the salary that I will be earning, it will not cover the expenses of my expenses. So I might have to cut somethings out. However many things can change my future expenses. For example, I might have a kid or two in 10-15 years which will mean my expenses will go up or I might be married and I will have a joint income every year to help with the expenses.

Week 4 - Finance

The total of my future expenses each year are 111072.  I know this is logical because my primary sources for information are numbeo.com and enz.org. 

According to Naviance I can likely count on making $120,000 each year in my future job as a materials engineer.  My education/training to get that job will cost $160,000 total for all years of training.

I want to save $7,500 for my rainy day fund each year, and $2,600 for retirement each year.  If I save $2,600 for retirement each year, by the time I am 65 years old I will have $105,000 plus interest.

Comparing my future income and expenses makes me think that I should spend more money saving for retirement, and less money on the cost of living, which is currently well over 30% of my expected income. However, the amount I make each year is greater than the amount that I am planning to spend, which means that I most likely will not go into debt, and if I do, I know there are places I can cut out spending. 

Week 4

I've been looking up rates and amounts for over an hour with hardly any progress since I still have a few different states I'm considering living in. However I've calculated that roughly I'll spend about $100,000 each year with my very expensive and long education required for what I want to be. I'm not too worried though because I want to be a neurosurgeon (and today considered being a neurosurgeon for humans instead of animals... On the fence for the first time in my life about my career). I don't think money will be an issue for me because I am very mathematically minded, self-controlled, and not a spontaneous shopper. I have always been money smart, have always looked for the best deals, and have developed saving habits. The median salary for human brain surgeons is $529,176. I chose the median because it is more mathematically sound when outliers are involved versus the mean. A surgical vet can usually count on over $100,000 and up to $300,000. This number is more flexible because of many different factors. As far as education goes, with residency and college I'm looking at approximately a whole years salary worth of debt and then some. If all goes well I intend to save $10,000 minimum in addition to my 401K. This is all sounding absurd to me though because the pure amount of income I may be receiving. I'm sure I'll rethink all these numbers when I'm older.

Week 4

The total of my future expenses each year are most likely somewhere around  $62,610 for a zoologist .  I know this is logical because my primary sources for information are credible websites as well as recent trends price changes primarily being that it price have substantially increased over the years. Also it is logical because it is my passion and my calling, so money doesn't really come into play in this decision.

Week 3: College Major's and Careers

I would like to be a Zoology major. Three careers I found for this major are: Veterinarians, Veterinary Technicians, and Wildlife Technicians.

Veterinarians:

~ median annual salary: $82,900

~ Veterinarians in Connecticut, New Jersey, the District of Columbia, Pennsylvania, and Delaware make over $100K.

~ Must earn a Doctor of Veterinary Medicine (D.V.M or V.M.D) degree, but requires a bachelor's degree to apply for Veterinary med school.

~ You have to be patient, compassionate, perceptive, and have great communicate skills.  You have to understand the risks of getting bitten and/or injured and handle emergencies well.

Veterinary Technicians:

~ median annual salary: $30,140

~ For Veterinary Technicians, the highest salary is in Alaska which is $39,380. Virginia, Connecticut, and New York are second highest ranging in $37,000.

~ Must earn a bachelor's degree in Veterinary Technology

~ You have to be organized, attentive, responsible, compassionate, have great communication skills and be able to work well with a group

Wildlife Technicians:

~ average salary for new workers is $20,000 per year and more experienced is $45,000

~ Louisiana offered highest salary which is $48,568.

~ Bachelor's degree is preferred in wildlife biology, ecology, zoology, or animal science.

~ You have to be an independent worker, nature loving. and comfortable with wild animals. 

Week Three: Jobs

I know I am going to college. As of yet, I am unsure if I want to major in engineering or in science. I am currently leaning toward majoring in Chemistry. This is usually a four-year bachelor's degree. From this major I can become a forensic chemist, a research scientist, or a materials engineer.

The starting salary for a forensic chemist is $57,000 but varies based on location. In different locations, the type of job will vary because of necessity (small towns don't generally need a forensic chemist). It requires a four year degree.

The starting salary for a material engineer is $87,000. This job changes based on locations and the projects that I am working on. It requires a four year degree.

The starting salary for a researcher is $55,000, although it varies based on degree and the project.  This job will change based on location because different areas need different things.

All of these jobs require the same characteristics: curiosity, ingenuity, and an inclination to help the population in general.

Week 3- biology careers

I am going to college and planning on majoring in biology. Three career options would be biomedical engineering, veterinary neurology, and biochemical engineering. Biomedical engineers need the minimum of a bachelors degree and earn a median of $98,576 (I believe this number is before taxes). Biomedical engineers usually work in a hospital or laboratory environment so their salary would be higher in more developed areas with a high emphasis in medicine. Since this career is very hands on and technical it requires people who are able to work well alone, but also can interact well with people to sell or improve the product. Good personality traits would be intelligent, ambitious, and personable. Veterinary Neurosurgeons need a doctorate in Veterinary Medicine followed by a residency program and further specialization. Although a salary for neurosurgeon vets is not separated from regular vets, specialized veterinarians have a much higher salary. The top tenth percentile of veterinarians in general is $141,680. I would expect a specialize vet to be at or above this salary before taxes. Again, more developed areas with higher standards of living and a growing scientific competitiveness would have higher paid veterinarians. Recommended characteristics would be self-motivation, determination, and dexterity.  Finally, a biochemical engineer requires a bachelors degree along with studies in all: biology, chemistry, mathematics, and physics. They average about $89,000 before taxes (highest in District of Columbia and lowest in Nebraska.) To be successful in this field you should be a great problem solver and very curious. Personally, my dream job would be a veterinary neurosurgeon.

Week 3 HW

I plan on going to college. To be a vet I need to major in biology. Three common jobs to people who have this major would be doctors, zoologists and pharmacists. Doctors’ average earning ranges from about $156,000 a year for pediatricians. Salaries differ depending on geographic locations. It requires 11 years of education. People with this job have scientific skills, communication skills and patient care skills. Zoologists’ average earning ranges from $67,000 a year. Salaries differ depending on geographic locations. It requires 6-8 years of education. People with this job have a love for animals, science skills, love of the outdoors, and physically fit. Pharmacists’ average earning ranges from about $120,000 a year. Salaries differ depending on geographic locations. It requires 6-8 years of education. People with this job pay attention to details, have great communication skills, analytical skills and science and mathematical skills.

Week Three Post

I do plan to go to college and I would like to major in Zoology/ Wildlife Biology. Three jobs I could get with that major are Zookeeper, Field Researcher, and College Professor. The  average salary for all is about 70,000 dollars. The salary would change geographically based on necessity. All of these jobs require 4 years of college or more. The have to be personable, patient, dedicated, and conscientious as well.  

Week 2 Homework

In my internship at the Buck Institute, I help my mentor with her experiments. She gives me a task, and I try my best to complete it. One Work Readiness skill I use is "can improve," or ability to improve. Most things I must do, I have never done before, so I must quickly pick up new skills. I am not afraid to ask questions to ensure that I am completing the task correctly. For example, I had to count growing bacteria on agar plates. I had never used the method that my mentor wanted me to use, so I made a few mistakes in the process, but I corrected my mistakes. Another Work Readiness Skill I have used is "can communicate effectively" or communication. I always ask questions when I am unsure of something. Additionally, my job usually consists of emailing many different people, telling them when and where I will be present. I always respond to any emails I receive, promptly. One Work Readiness Skill I must improve is "is professional" or professionalism, because I have been a bit late to my internship a couple of times. This reflects poorly on myself, and I will make sure it won't happen again.

2 week hw

I currently bounce between scientists at the lab and do a number of tasks for each of them like PCR or making buffers. I would say that I use every one of the work readiness skills for my job but I use dedication and diligence the most. I use each of these skills when doing each task because firstly science takes an amount of dedication most people would find uncomfortable when doing complex experiments and more, and secondly in science you need to be diligent and aware of every detail otherwise you will mess up an entire experiment and have to do it all over again. I would have to say that there is nothing that stands out truly as a weakness other than a slight problem I had with overlapping commitments which made it so I had to miss a day of work at my internship, but I had worked it out with my supervisors beforehand and it went smoothly other than the fact that I texted the wrong number to let know I was not actually going to make it, but they at least knew that it was probable for me to not make it and everything worked out just like it everything else in life.   

Week 2 HW

In my internship I observe the Veterinarians and the Vet technicians service the pets, I'm not allowed to do anything or touch the animals. Two Work Readiness Skills that I used during my internship is being professional and dedicated to my internship. I’m ready to start my internship on time on the days that I agreed to show up on. I follow the dress code when I’m at my internship. I listen to what all the Vet technicians and Vets have to say about the pets that come to the Vet hospital and what the diagnosis might be for those pets. I ask questions to the Vet technicians about things I don’t completely understand. My Work Readiness Skill weakness that held me back was communicate effectively, even though I have asked a couple of questions, I haven't had to courage to ask all my questions in the fear of it sounding stupid and the fear of asking a question in front of a group. 

Week 2 homework

I work at the San Marin Animal Hospital. In my internship I have to file a lot of data and records about the pets so being literate helped me be able to file correctly. Another skill that helped me this week was that I am tolerant and respectful. A man came in while I was working and he was in a bad mood and he acted pretty rude. I was tolerant of him and treated him how I treated all the other people. Something I could work on is being professional. I wore shorts to my internship and I looked out of place so I'll be more professional and wear long pants. Another thing is that I can improve on acting with diligence. While I was working I checked my phone a couple times.

Week 2: Work Readiness Skills

This week at my internship I found myself with extra time. The skill of diligence helped me to find something else to do while my supervisor worked. I also used the skill professionalism to look nice when arriving at the internship. Because of this, I was able to get access to the building and also be taken seriously when introduced to many of the other faculty at the school. However, because I lack communication skills, I was unable to fully understand what was going on in the lab and what I will be doing in the future. I also had an issue with literacy. Much of the science in the lab was way over my head because I didn't understand the terms used. Next week, I will try to improve this by asking my supervisor for a reading list of some kind that I can use to "study" the lab techniques and basic knowledge needed for my internship.

Work readiness

I have been an intern at TL Vet for two four hour shifts now. I have been very tolerant and respectful. I often have to stand for long periods of time, sometimes the whole four hours, and I also need to stay quiet and watch out for my environment. For example, today I watched seven surgeries to spay/neuter felines. It was an honor to watch surgery for the first time, but I know that if I had not stayed still and quiet, the experience would have turned out differently. I am very dedicated at my internship. I always show up early and try to memorize (and sometimes look up again) all the information they teach me. I even watched about ten videos today to learn about kennel safety, chemicals used, and medical terms. I would say the area of weakness would be in my ability to serve the needs of others. As of right now, I am still in the observing stage. I have only been able to take temperatures, clean lab supplies, and hold a kitten while the cage was occupied. I am unable to assist in areas that I wish I could, for example restraining an animal to insert a catheder.

Week 1: Goals, Habits, and Allies

Goals 

Now: My goals for now are to manage my time this summer with my internship, this class, practices, and still having time for myself. I also want to prepare for my SAT's and ACT's to be able to apply to my dream schools. 

Future: My future goals are to graduate high school with great grades and to have taken several Honors and AP courses. I also want to get accepted and attend my number one school choice. 

Habits

Now: 

- respectful

- hardworking 

- not very talkative 

Future:

- communication skills

- patience 

Allies 

Now: 

- teachers

- family 

- coach

- counselors

 

Future:

- internship supervisors

- bosses/ co-workers 

Where I Am Now

Where I Am Now

Goals:

My most important goals are to graduate high school with Honor Roll (4.0 or above), to complete my internship at the Buck Institute successfully, to be accepted into one of my top choice colleges.

Habits:

Currently, I am hard-working, dedicated, attentive, and motivated, all of which can help me achieve my goals. Habits that I must build in order to be successful are being more punctual and procrastinating less. As of now, I procrastinate, and although it doesn't usually affect the quality of my work, it causes a lot more stress.

Allies:

My current main allies include my parents and my teachers, or other school staff. One teacher was especially influential in helping me obtain my internship; she recommended me for the position. In the future, I would like to have allies in the professional world, because they could help me achieve goals pertaining to my career.

Goals, habits, allies

Now
Goals-to go through the internship with little to no problems
Habits-gossip
Allies-parents

Future
Goals- To get accepted into Dominican university with help from financial aid
Habits-comunication
Allies-boss and coworkers

Goals, Habits and Allies

Goals:
-fill my summer with activities that will make me more competitive for college applications.(Veterinary schools require years of study and is a very impacted field.)
-Become a specialized surgical vet
-major in biology
-focus in neuroscience
-I want to become fluent in Spanish because it will be extremely helpful in a career and because I like languages. I also want to become fluent in sign language as well.

Habits:
-dedication
-completing tasks
-working at maximum capacity
-punctual

Allies:
-parents are extremely supportive
-Ms. G at SRHS is helping me find an advanced math class for me to take my senior year (Multivariable Calculus). She always has my best interests in mind and is also finding volunteer opportunities for me.
-I would like to know a successful vet that lives near me (I know a renowned vet who lives in Colorado.)

Where I am now

Goals:
Current: Currently my goals are to get my eagle scout rank, driver's license, and do my best in all my endeavors.
Future: My goals for the future are to continue doing the best I can to be my best.
Habits:
Current: I am Trustworthy, Loyal, Helpful, Friendly, Courteous, Kind, Cheerful, Thrifty, Brave, Clean, and Reverent
Future: I will keep the following traits, but gain more experience.
Allies:
Current: My Scout Troop, Friends, Family, Coworkers, E.T.C
Future: any new people I meet along the journey.
Signed
Tony B. MacCarthy

Goals:
    Current- My current goals are to go to Junior Nationals for rowing and to get into one of my top ten colleges. 
    Future- My future goals are to apply myself fully in my working or college environment as well as enjoy my time in college. 

Habits: 
   Current - My current habits are turning in work on time, and consistently thinking about what I can be doing. For example once I have finished a task, I try to find something else I can do, sometimes to get ahead and sometimes to keep myself busy. 
   Future - In the future, I would like to be more aware of other's needs in a work environment. For example asking someone if they need help with their task if I have finished mine. 

Allies:
    Current - My current allies are my family, my neighbors, and my school counselors.
    Future - In the future, I would like to have allies in the professional world as have my teachers as allies.