Minding your Money: The financial stages of Life

During which stage are your earnings likely at their lowest level?

• Early Career

• Education and Training

• Mid-Career/ Career Change

• Late Career

During which stage are your earnings likely at their highest level?

• education and training

• early career

• Mid-Career/ career change

• Late Career

How do earnings change over the course of your career?

• Earnings increase or decrease base on your choices.

• Earnings decreases each year that you work.

• Earnings increase each year that you work.

• Earnings changes cannot be controlled or predicted.

Which of the following is a good way to increase your earnings?

• Switch jobs frequently

• Work multiple jobs or more hours per week

• Stay with the same employer for a long time.

• Get more education or training for a more advanced job

What is "investment risk tolerance"?

• How risky investing in a new business is

• The amount of money that you invest each month,

• how much money you're able to accept losing as an investor

• The amount of money you have lost from investing.

The amount of money you are able to accept losing as in investor is called:

• earning potential

• risk tolerance

• financial stage of life

• financial considerations

Currently, which financial stage of life are you in?

• Education and training

• Early career

• Late career

• Retirement

A person who is starting out in their first job after completing a trade school program to become an electrician is in which financial stage?

• Education and training

• Early career

• Late Career

• Retirement

When is the best time to start saving for retirement?

• Early career

• mid career

• late career

• as soon as possible

What should you start doing as soon as you start working?

• take out a loan for education

• save for retirement

• create a resume

• apply for a job