Assessing how much money you need to earn yearly to cover your expenses is important to know before you begin your job search. Part two of this Unit’s Assignment will help you determine how much you will need to earn yearly to cover your expenses. Having this information allows you to know the salary range you will need to earn in your career once you finish school.
You will determine a budget based on the average income of a person in the career you are pursuing. Use one of the three jobs you chose after completing the Work Interest Assessment and visit the O*Net site at www.onetonline.org to determine the salary of the position. This is what you will use to complete the Budget Exercise.
At the end of the worksheet, write a brief summary of what you learned. Make sure to explain whether or not your monthly income is more than your monthly expenses or vice versa.
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