My FutureThe keys to a successful career

Haviva G.

Interests and Values

• Some of my interests include cooking, sports, art, traveling, meeting new people, and learning new things

• I have many important values. Some are: Giving back to the community; keeping your family and friends close; and education is extremely important

Goals

• I want to go to Columbia University and double major in business and economics

• I eventually want to live in Chicago and own a small business

• I want to become a popular entrepreneur so that people will come to my business

• I want to be married and have kids

Savings Plan / Paying for College

• If you work for Johns Hopkins University, one benefit you get is a tuition grant for your dependants. At Hopkins that grant pays for 50% of college tuition at any accredited college for 4 years. If both parents work at Hopkins they each get this grant for a total of 100% of college tuition for 4 years for each of their dependants including step-children.

• I am lucky enough to have both my mother and my stepfather work for Johns Hopkins University

• My parents put away money so that I can pay for things like room and board, textbooks, and travel, which are not included in the grant

College Life / Degrees

• I expect to get a Bachelor of Arts in Economics from Columbia University

• After graduating from college I will go for my Masters of Business Administration also at Columbia University

• While studying at Columbia University I plan to take classes in Culinary Arts and have a part-time job for the experience and for extra money

College Life Style

• I plan to live in a dormitory on campus with one or two room mates

• I want to join many different clubs or extra curricular activities like sports, art, or book clubs in order to get to know other students at Columbia

• I would love to travel abroad for a semester, perhaps in my junior year, in order to see the world and be exposed to many cultures

College Budget

Item Amount/Source

Tuition $47,246/JHU tuition grant

Room and Board $11,496/College Savings

Books and Supplies $2,807/College Savings

Food and Entertainment $150 per week/ Allowance and Part Time Job

Clothing and household items $200 a month/ Allowance and Part Time Job

Utilities (cell phone) $50 a month/ Allowance and Part Time Job

Allowance = $500 per month Part Time Job = $350 per month

(10 hours per week; $8.75 per hour)

Career Lifestyle

• I envision being the owner of a small business in Chicago, perhaps a small café in the city

• I would likely have six or seven employees, including, waiters, cooks, and a supervisor

• I would keep the store open from 8:00 am until 8:00 pm and split the time with the supervisor and myself

Business Budget (as owner of small business)

Item Amount/Source

Rent $20,456 a year

Food and Supplies $1,032,000 a year

Paychecks and Benefits for Employees

$689,691 a year

Loan Payments $19,344 a year

Insurance $10,273 a year

Marketing $129,770 a year

Utilities (electric, water, and phone bills)

$43,097 a year

Business Lone From Bank = $13,500 to start up the business with furniture and equipment

My Total Income = $232,236 per year Gross Profit = $1,350,500 Expenses =

$1,118,264

Personal Budget

Item Amount/Source

Food and Entertainment $30,000 a year

Clothing $10,000 a year

Home/Rent $50,000 a year

Durable Goods $15,000 a year

Education for kids $60,000 a year for 2 kids

Insurance and living expenses $25,000 a year

Travel $10,000 a year

Utilities (electric, water, and phone bills)

$10,000 a year

College savings plan for kids $15,000 a year

My Total Income = $232,236 a year Taxes are not included

Summary

• Throughout this presentation I have planned my education around my career and the financing around both. I tried to incorporate my values, goals, and interests at every stage and through my planning and learning I hope to have a successful future.

Cited Websites

• http://www.sba.gov/community/discussion-boards/small-business-start-loan

• http://www.hvs.com/StaticContent/Library/RestaurantRent/

• http://www4.gsb.columbia.edu/academics

• http://www.rent.com/guest/illinois/chicago-and-vicinity/chicago/? =CJrNnJ6