Blog Down For What? Part 5

I learned a lot about myself and what I need to work on through this class and my internship.  I learned how much I don't want to sit at a boring job behind a desk but better yet I learned which work readiness skills I need to work on more. In class I learned how important it is to have a plan regarding everything financially and about my career path.  In my internship I learned how to work with a boss and how to continue innovating what we do in an office.

Finance and Savings Interest

William, starts saving $4,000 a year (about $333.33 per month) when he is 20 and stops after 20 years, after having saved 155,244.76. --45 years until 65

His brother, James, starts saving $4,000 at 40, and does so for 25 years, for a total of 231,653.79 saved.

155,244.76--666,290.44

They earn 6% on their savings.

At age 65, William will have $666,290.44 in his account, while James will have  $231,653.79 . Despite having saved less, William's nest egg will be almost three times greater because of compounding

I need to make sure I start saving early if I hope to have a strong retirement fund. If you put it off too long these savings are impossible to make up.

Blog 5

This summer I learned a lot of things. Things I knew but didn't know the importance of it throughout my life. I am grateful for this internship I had during the summer at a retail store because it helped me become more responsible and helped my tardiness habit. I am also thankful for the classes I took over the summer because it made me realize the importance of school and to get my life together and organized and everything will come along if you put the effort. Now I am motivated for my junior year. I realized that I was a disorganized person and wasn't sure of what I wanted to be or do in life. Now I am sure after this great experience in the summer even though my internship doesn't really have anything to do with criminal justice, which is what I want to major in, it was still great. I loved working with different kind of people and I also realized that helping someone is being very generous and not selfish. It felt good helping others around me.

My Summer Lessons!

Through this internship I have learn many things about myself. One is that I ;earn what my true passions were. I learn that I may have a character for what I want to study. I also learn that the things that I considered my weakness are some of my strengths. i learned I need to make better choice on the career to get the money I need.
The reflections we made in the Way book did not really make a difference to me, that being that I am use to doing this type of reflections. Sometimes I just felt that reflecting on this  that did not even let you know the definitions of the classifications.
Using electronics resources was not new to me, however, Blogger was and to be completely honest I did not enjoy using it or writing on it. This is personal opinion that I am no confident enough in my writing and I was obligated to shared with others, others that might read any of this posts.
I did enjoy using Google docs for my documents in my internship, that being I had access to my work at any time and anywhere.
During my Internship and summer to career class helped me to work on my work readiness skills. Some of them being be able to tolerate people in general. Learn to have better dedication and always tell the true even of the situation is bad.
I consider myself lucky because I am able to talk with Attorneys, Officer, and judges. I consider myself lucky not many students in the United states get to Intern in the Public Defenders Office. I consider myself lucky because I got to learn how Lawyers think before law school, where cultural shocks occur.  I consider myself lucky because I have food in the table and warm bed to sleep.

Blog 5

Over the summer I have learned a lot. My internship was maybe not the most well suited to my interests and maybe not the most challenging, but certain elements of it forced me to challenge myself and step out side of my comfort zone. It exposed me to and helped me gain experience in a new field of work. I think that is what I'm most grateful for. I had never worked in a standard office setting before and as we know quite a few jobs take place in these kind of environments. The experience and knowledge about how a corporate office is run and also the writing experience that I gained from this internship will probably benefit me most in the future so they are the things I'm most grateful for. I also learned some very important information from the career class. The most important of which was probably about the career readiness skills. I was and probably still am lacking experience and confidence in some of these areas, however I feel like I now understand exactly what an employer is looking for in an employee and will be better prepared in the future for similar situations. One of the big examples of how I grew in this area was my professionalism and diligence. I have a pretty relaxed demeanor which can sometimes mean that I forget the setting that I am working in, so I may not always appear as professional at some times than others times. I really was forced to think about this through the career class and then apply what I had learned to my internship. The other area diligence, I had to learn the hard way. I was creating these job postings and There were a couple errors in some of them of course I copy and pasted the same job posting onto multiple websites. As soon as I realized I had to go back to each website and fix the mistakes. This only happened because I was not paying close enough attention to my work which is no excuse considering the fact that we now have spell check. Throughout the rest of my internship I made sure to always double check my work. I know this skill will benefit me in multiple areas from school to an internship so I'm glad I have learned my lesson. One of the things I am most grateful for is that I didn't waste my summer. I would have loved to just lay on the couch reading and drinking iced tea all summer however I didn't I gained work experience, writing experience, and also social experience through this internship. Over all I am glad that I invested this summer in my future and hope that the lessons and skills that I have gained will follow me through out my career in school and then work.

week #5 coming to a close!

I am grateful that I have enough money to survive in this world. This summer I am grateful that I am going to Hawaii in a week. In class I learned how to be safer with money by budgeting it. Doing so will help me in the future. Through the 5 weeks of my internship I've notice I've been more dedicated than I was. I managed my time better which made things a lot easier and not so stressful. I learned that I can get stuff done faster if I manage my time well. The discoveries made me realize who I am. Especially setting goals for myself, instead of keeping them in my mind, putting them on paper makes a huge difference. Communication is something I really got out of this class, just hearing how important it was to communicate well made me realize I had to get better at that in order to succeed for the real world. The career readiness skill had me reflect on how important honesty is. I wasn't the most honest person to my supervisor and I came to understand that honesty can reflect who you are as a person. I feel honored that I was able to attend this class. It really helped me to understand life out there in the real world and I am very thankful for that.

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

This makes me think that I need to start saving as soon as possible.