Entering the American Economy

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Keeping Money on Your Mind

• Entering the American Economy

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Preparation

• Education
• Practice makes money
• Pre Interview Interviews
• Research each company

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Learning Earning
US Department of Labor - 2007
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Knowledge is Key
Forester Research Inc. - 2004
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Social Media Everyone is Using It
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Strategy

• Showcase two or more strengths
• Achievements
• Character traits
• Experiences

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Selling Yourself

• Wear a business suit.
• The budget executive
• Comfortable shoes.
• Shoes shined
• Conservative haircut / style.

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Selling Yourself

• Understated jewelry and makeup
• Impeccable personal hygiene
• Light cologne or perfume

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What to Take to the Interview

• Extra copies of your résumé
• Pad and pen
• Portfolio
• Information regarding references
• Detailed work / education history

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Note-Taking

• The name of the interviewer(s)
• What the interviewer liked about you
• Negative points or weaknesses
• Answers to your questions
• When youll hear from the company

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Parts of the Interview

• Opening
• Two to five minutes
• Breaking the ice
• Body
• 10 to 25 minutes
• Selling the Seller
• Close
• Two to five minutes
• Whats next?

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On With the Show

• The Screening Process Getting to Know You

• Tell me about yourself.
• Why should I hire you?
• Why do you want to work for us?
• Favorite college subject?
• Least favorite college subject?
• What have you read recently?

• What movies have you seen recently?
• Where do you see yourself in five years?
• What is your greatest strength?
• What is your greatest weakness?
• What questions do you have?

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Stress Interviews

• Physical
• Psychological
• Time Challenge

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Behavioral Interviews

• Enthusiasm
• Decision Making
• Knowledge
• Leadership
• Personal Attributes
• Team Building
• Flexibility

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Situational Interviews

• In the Hot seat
• Analytical Skills
• Problem-solving skills
• Working on the fly.

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Hey, remember me?

• Counter negative impressions
• Use company jargon
• Be enthusiastic
• The next move

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I Got the Job, Now What?

• Managing your Credit

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Why is Credit Important?

• Lending is a risk-based business.
• Good credit low risk
• Low risk low interest rate
• Tracking Your Risk
• TransUnion
• Experian
• Equifax

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The New Focus on Credit

• Poor credit may prohibit you from
• Getting the job youd like,
• Finding an apartment,
• Receiving low insurance premiums, and
• Gaining admission to certain universities.

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Fico Scores
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What Makes Up a FICO Score?
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Credit and Building Wealth

• 6.25 - 1,539 Monthly Payment
• Total Interest 304,200

• 8.5 - 1,922 Monthly Payment
• Total Interest 441,720

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Manage Credit

• Dont let credit manage you.
• Create a Spending Plan and stick to it.

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Check Credit Reports

• It is estimated that 210,000,000 consumers
  reports contain incorrect information.

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Ordering your Credit Reports

• Online www.annualcreditreport.com
• Telephone [phone]
• Mail Annual Credit Report Request Service
• P.O. Box 105281
• Atlanta, GA 30348-5281
• Your must download form from www.ftc.gov/credit

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Questions?