It's Time to Think and Apply

Part 1:

Last week we talked about how to become a millionaire.  There were four (4) aspects that were involved with becoming a millionaire:
                                                              -  time
                                                              -  rate of return
                                                              -  inflation
                                                              -  education.

Please explain how each affects your chances of becoming a millionaire.

Part 2:

What are the three phases of life?

When does each phase begin and end?

Feel free to use TimeMaps if needed

Patience

What is something you cannot stand waiting for?

Major Tax Categories

You will pay many different types of taxes during your life: income, sales, property, death, excise, luxury, estate, gift, Medicare, Social Security, sin, user and other taxes that have not even been imposed yet.

Most of the taxes you will pay can be placed into what major tax categories:

Fill in the missing letters and tell me which branch of government collects it (City/County, State, Federal)

1.  I_ _ _ _ _ Tax
2.  S_ _ _ _ Tax
3.  H_ _ _ _ _ Tax
4.  S_ _ _ _ Tax

Fill in the blanks...

In this world nothing can be said to be certain, except ________ and _______.

Quizlet

Go to https://quizlet.com/

Click on Google Sign in (use your Google Log in)

Click on Create a Study Set

Title it Career Basics Lesson 1

Input all the Terms and Definitions

To add more spaces click the Plus Sign

When completed click Done

If I Had a Million Dollars

If you could purchase one item right now what would it be and why?

Career Activity

1.  Go to the following web site:

http://checkoutacollege.com/ExploreCareers/InterestSurvey.aspx

       -  Complete the Career Interest Survey

2.  Copy and Paste the Results to a new document called "My Life"

      -  Select one Career and click on “Learn which colleges have programs in this area.”

      -  Look through the “Select a Program” section.

      -  Read through the descriptions of some of the available programs and select one program.

      -  Copy and Paste the description and the program name