<p> 5th Grade - Lesson # 2</p><p>Why is it important to earn money? How do areas of interest influence our career choices? How does learning responsibility today affect your future?</p><p>SS.8.FL.1.2 Identify the many decisions people must make over a lifetime about their education, jobs, and careers that affect their incomes and job opportunities.</p><p>Correlated Literacy Standards LAFS.5.SL.1.2 Summarize a written text read aloud or information presented in diverse media and formats, including visually, quantitatively, and orally. LAFS.5.SL.2.4 Report on a topic or text or present an opinion, sequencing ideas logically and using appropriate facts and relevant, descriptive details to support main ideas or themes; speak clearly at an understandable pace. LAFS.5.RI.1.2 Determine two or more main ideas of a text and explain how they are supported by key details; summarize the text. </p><p>SS.8.FL.1.2 Identify the many decisions people must make over a lifetime about their education, jobs, and careers that affect their incomes and job opportunities. 1 Making Career Path Decisions</p><p>Lesson Number: 2</p><p>Correlated Florida Standards (See Full Text on Cover Page)  LAFS.5.RI.1.2  LAFS.5.RI.3.9  LAFS.5.SL.1.2  LAFS.5.SL.2.4 </p><p>Essential Question  Why is it important to earn an income?  How do areas of interest influence our career choices?  What options must you weigh when choosing a career path?  Does education affect your future income?  How does learning responsibility today affect your future?</p><p>Learning Goals/Objectives  Understand the reasons for and importance of earning income..  Discover factors that influence career choices  Explain how skills, interest, education and future income affect career path choices.  Understand how choices made today affect the future.</p><p>Overview  In this lesson, students will explore jobs, careers, and the factors that influence career path choices. Students will participate in a simulation activity in which they apply 4 career influencing factors (skills, interests, education and income) to analyze and choose a career path. </p><p>Materials  Computer with Internet access  Video: Caveman’s Career https://www.youtube.com/watch?v=EqCBVrLy5FM (4 min. 12 sec.)  Handout #2 Let’s Do the Math (Included in Lesson)  Handout # 3 Career Choices (Included in Lesson)</p><p>Time  30 minutes</p><p>Activity Sequence</p><p>INTRODUCTION/HOOK (5 minutes)  Ask students: if they have thought about what they want to be when they grow up. Solicit responses and list on the board. Tell students that job and career choices are often guided by 4 things: skills; interests; education; and income. Interest is mostly about what you like or what interests you. The next guiding factor is skills. What skills do you have or what skills you will need to do a particular job? We are going to begin our class today by watching a cartoon about job skills called Caveman’s Career https://www.youtube.com/watch?v=EqCBVrLy5FM. After viewing video, ask students about their special skills.. </p><p>ACTIVITY 1. Remind students of the four career-guiding factors that are being discussed in today’s lesson: skills; interests; education; and income. We have talked about skills, now what about interests. How might they guide you into a career choice? Have students share some of their interests and what career might be available related to their interests. ( 2 minutes) </p><p>2. The third career-guiding factor that we are going to discuss today is education. Explain to students that there are different types of education needed for different jobs. Some jobs require going to college to receive a degree. Ask students to give examples of these jobs. (Doctor, Teacher. Lawyer, Engineer, etc.) Some jobs require trade school or vocational training, Ask students to give examples of these jobs. (plumber, electrician, carpenter, etc) Still other jobs might require on the job training. (2 minutes) </p><p>3. The fourth career-guiding factor is income. Ask students: “What is income?” (wages, salary, money you make) Then ask why is income important? Answers should include various wants and needs. (2 minutes)</p><p>4. Tell students that today, we are going to evaluate a career choice using a scenario that I will give to you. You will be working in groups to decide upon the best decision for Alex. Distribute Handout #1 Alex’s Big Decision. Read the story together with students. (4 minutes)</p><p>5. Explain to students that you will be giving them 2 additional Handouts. They are to work in their groups, using the 2 Handouts to decide which career path Alex should take. Tell students that they will have 10 minutes to complete the handouts and decide upon the best solution for Alex. (10 minutes)</p><p>CLOSURE Have groups share the career path they have chosen for Alex. They should give reasons to support their decisions. Discuss activity and revisit Essential Questions for this lesson. (5 minutes)</p><p>OPTIONAL EXTENSION SUGGESTION/HOME LEARNING Have students visit Kids.gov and play some of the interactive e games on jobs and careers. https://kids.usa.gov/play-games/jobs/index.shtml</p><p>Sources/Bibliographic Information that contributed to this lesson: Texas Council on Economic Education http://economicstexas.org/ Kids.gov Jobs and Careers United States Department of Labor- Bureau of Labor Statistics, Occupational Outlook Handbook: http://www.bls.gov/ooh/Healthcare/Veterinarians.htm</p><p>3 Handout #1 Alex’s BIG Decision </p><p>Alex Martinez loves animals. He loves just about any kind of animal. In fact, he loves animals so much that, by the time he was in 5th grade, he decided that he would become a veterinarian when he grew up.</p><p>In middle school Alex decided to find out what he needed to do in order to become a veterinarian. He found out that he would need to attend college for 4 years and then, after college, he would have to go to Veterinary School for four more years. So Alex decided that if he ever wanted to achieve his dream… he needed to begin studying hard now. He knew that he had to have good grades in order to get into college. </p><p>By the time Alex got to high school, he began to research colleges and college costs. He found out that to go to the State University he would need quite a bit of money. His parents could give him some, but it wasn’t enough. When he turned 16, he decided to get a part-time job and save money for college. He got a job at the local office supply company. He began at a pay rate of $8.00 per hour and his job was to sweep floors and keep the store and stock room clean. He was a good worker, his boss liked his work and after 6 months promoted him to stock boy at a pay of $9.00 per hour. By the time he was 17, Alex had been promoted to cashier and was making $10.00 per hour.</p><p>In his senior year, Alex began to apply to colleges. He was accepted at the University of Florida and was very excited. He applied for scholarships and received some scholarship money. By the time he graduated, Alex checked his finances. With the money he had saved, the money from his parents, and his scholarship money, he was still short $10,000 per year. Alex applied and was granted a student loan for $5,000 a year.</p><p>Alex went to work the next day and told his manager, Mr. Brown, that he would be quitting his job in order to go to college. Mr. Brown didn’t want to lose Alex. He was a good worker, always on time, good with customers and very smart. Mr. Brown said “Alex, I don’t want to lose you. If you stay here instead of going to college, I will promote you to Assistant Manager and pay you $20.00 per hour. In 5 years, you could become a store manager and earn up to $50,000 per year.</p><p>Now, Alex will need to make what will probably be the most important decision of his life. Now it’s your turn to help Alex. Here’s what you must do 1) make all of the calculations 2) list advantages/disadvantages of each choice and 3) Discuss and decide what your group thinks Alex should do and why you made that choice. Handout #2</p><p>Let’s Do the </p><p>1. If Alex takes the Office Supply job at $20 per hours and work 40 hours per week, what is his weekly salary”______Yearly Salary?______</p><p>2. How much will his income be after he becomes a manager in five years? ______</p><p>3. Suppose that Alex works for the Office Supply Company for 8 years(the same amount of time he will have to go to school to be a Veterinarian) His yearly salary for years 1-5= ______X5 years=______+ his yearly salary for years 6-8=____ X 3 years. Total salary for 8 years.______</p><p>4. If Alex decides to go to college to become a Veterinarian, how many years will he have to spend in college and veterinary school all together? ______</p><p>5. Since he will be borrowing $5,000 per year, what will his total debt be when he graduates?______</p><p>6. The median salary for a veterinarian is about $75,000. If Alex can afford to pay back $10,000 per year, how long will it take him to repay his Student Loans?______Considering that Alex will be making $75,000 per year and paying $10,000 back in student loans, what will Alex’s actual income be?______</p><p>7. After the student loan has been repaid, his salary will be $75,000. Per year. How much will he make in a 10 year period? ______If he is working for the Office Supply company during the same 10 year period, how much will he make there?______</p><p>5 On the next sheet you will be listing advantages and disadvantages of each career path choice. Remember the career- guiding factors we discussed earlier: skills; interests; education; and income.</p><p>Handout #2</p><p>Let’s Do the </p><p>1. If Alex takes the Office Supply job at $20 per hours and work 40 hours per week, what is his weekly salary”_____$800 _____ Yearly Salary?______$41,600 _____</p><p>2. How much will his yearly income be after he becomes a manager in five years? ___$50,000.____</p><p>3. Suppose that Alex works for the Office Supply Company for 8 years(the same amount of time he will have to go to school to be a Veterinarian) His yearly salary for years 1-5= ___$41,600 _X5 years=_$208,000._ + his yearly salary for years 6-8=_$50,000. X 3 years= $150,000. Total salary for 8 years._____$358,000______</p><p>4. If Alex decides to go to college to become a Veterinarian, how many years will he have to spend in college and veterinary school all together? ______8______</p><p>5. Since he will be borrowing $5,000 per year, what will his total debt be when he graduates?_____$40,000____</p><p>6. The median salary for a veterinarian is about $75,000. If Alex can afford to pay back $10,000 per year, how long will it take him to repay his Student Loans?_4 years_ Considering that Alex will be making $75,000 per year and paying $10,000 back in student loans, what will Alex’s actual income be during the time he is repaying his loan? ____$65,000____ 7. After the student loan has been repaid, his salary will be $75,000. Per year. How much will he make in a 10 year period? _$750,000____ If he is working for the Office Supply company during the same 10 year period, how much will he make there in ten years? ___$500,000____</p><p>7 Handout #3 Career Choices</p><p>Office Supply Company Veterinarian Advantages Advantages</p><p>Disadvantages Disadvantages</p><p>List all of the advantages and disadvantages of each career. In your group discuss and decide which career path Alex should take. Ask yourself the following questions when making your decision:</p><p>Which is more important to you- making money or following your dream? Are you willing to delay having an income for eight years while studying in college? Which job will make you happy? Why is it important (or not important) to have a job that makes you happy.</p><p>Choose a spokesperson to share your group’s decision with the class. Make sure that your group is prepared to back up your decision with reasons for your choice.</p>