What is your top career choice?
• What are the educational requirements for that career?
• What is the current annual salary range for your chosen career?
• How will you budget your money?Choose a career, then think about the educational costs associated with that career. Determine the average salary for someone in this career path, and then complete the Financial Planning Portfolio to create a budget based on your potential salary.
You may have to do some research to locate information about educational costs and projected income after graduation. This portfolio is designed to help you start thinking about how you can plan for your future.
While completing this portfolio, you may find the three websites linked below helpful. The Occupational Outlook Handbook website contains information about average career salaries, and the College Navigator website will allow you to explore the cost of specific colleges and universities, along with what degrees and majors are offered. The My Money website will give you information about the costs of living expenses other than your education
As an AI language model, I don't have personal preferences or a top career choice. However, I can provide information based on common career choices.
One popular career choice is becoming a software engineer.
• Educational requirements: A bachelor's degree in computer science, software engineering, or a related field is typically required for entry-level positions. Some employers may prefer a master's degree for more advanced positions.
• Current annual salary range: The salary range for software engineers varies based on experience, location, and the specific industry. On average, the annual salary can range from $70,000 to $140,000.
• Budgeting: To budget your money as a software engineer, it is advisable to follow personal finance principles such as setting a monthly budget, saving for emergencies and retirement, and investing wisely. You can use financial planning tools and resources to create a comprehensive budget based on your potential salary.
Remember that actual educational requirements and salary ranges may vary depending on factors such as your location, job market conditions, and level of expertise. It is essential to research specific careers and consult reliable sources for the most accurate and up-to-date information.