What I'm Grateful For

I'm grateful for everything that I have in my life. I'm lucky to have such supportive family, and friends who truly care about me. I'm also extremely grateful for my health and for the circumstances that I live in. This summer I was fortunate enough to take part in an internship at Heartland Hospice. Although it may sound depressing, it was actually a really good experience. I got to meet lots of interesting people, and help out everyone at the office. I'm very grateful to have received such an in depth experience in an office, and learned about the skills that it requires. I am lucky to have taken a closer look into my spending, and learn about how to mange my finances better in the future. Without this class, I wouldn't have paid much attention to how I spend my money, which would result in a range of issues as an independent adult. My internship gave me the opportunity to work alongside many different individuals, and learn about what hospice is. I'm thankful that I was able to so greatly help everyone at the office, and truly feel appreciated. I'm glad that I got the chance to meet such kind and grateful people at Heartland, and make an impact on the entire operations of the office and staff due to such important filing tasks I was given. I also developed my interest in social work, and got to meet and talk to people who are social workers at the hospice. If I hadn't done this class and internship, my five weeks would've looked a lot different. I would most likely have been working more, as well as procrastinating more on summer assignments. I think that by being so busy, it became easier for me to focus on what really needed to get done. It's great that I got such a hands-on experience at Heartland, and I feel as though it will greatly assist me in my future career. This summer has had much more focus on developing my interests and possible future majors and careers. I'm happy that I participated in the class and internship because I'm not sure when else I would've been able to receive such an experience. Most people in high school don't spend much time over the summer thinking about the future, but rather thinking about the past and present. I think it's important that we begin to think about what it is that we want to do, because it isn't too far off when we'll be out of college and ready for a job.

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

 

6. 1. If you put $500 into a regular savings account in the bank when you are 18 years old, and add $500 each month, how much will you have when you are 78 years old (60 years later)?

$490,926.37

This makes me think that the more you save each month and the more the money is compounded, you'll be able to end up with a lot of money in your bank account.

Blog Post #6

I realized through the savings account exploration that by investing a small amount of money in a bank will allow your savings to increase a lot over time.  When I invested $500 and added $50 in monthly increments for 50 years, my total would be roughly $39,700 in the bank, which is incredible.  So, this has inspired me to invest early in life to make the most of my money.

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)? $36,700

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, 650

What Am I Grateful For?

This summer, I am thankful for both the school to career class and my internship. I'm very happy that we've been able to learn about interest rates and financial decisions in class because we will need to know about those types of things when we're living on our own. I now have a lot better idea on how much I can spend, especially since overspending is a very easy task to do during the summer. I'm also thankful that we did a 5-15 year plan because it made me understand how hard I want to work in order to achieve my goals in my field of studies for science and medicine.  With my internship, I'm glad that I was able to be in an office job atmosphere and get a real feel on how important professionalism and all of our other work readiness skills come into place. I learned to be tolerant and respectful, dedicated, and have good communication skills. Being tolerant and respectful is crucial when speaking to patients and their families. They are at a very uneasy state, so their caretakers must understand all of the paths that the family may want to take during this time. This may include whether they want spiritual care or not, the types of medications the patient needs, how often the nurses come visit, and other personal decisions. Being dedicated is important too for one must be committed to their job at Heartland 100%. At orientation, our supervisor made it clear that we should be comfortable with the conversations of death and dying around the office. Heartland works with every bone in their body to make sure that they are putting in their best effort to keep the remainder of patients’ lives free of stress and troubles. Finally, I'm thankful that I've improved my skills of serving the needs of others. Heartland Hospice centers their work around helping people wherever they may call home, whether it’s the house they’ve owned for years, an assisted living facility, or a skilled nursing center. I'm so grateful to have these types of opportunities because I know a lot of children, teenagers, and young adults around the world don't have any sort of education whatsoever. In a couple weeks I'll be traveling to Mexico to build orphanages and help kids learn English, so I'm very excited to spread knowledge and help a community with children that needs all the assistance they can get. Overall, this summer has matured me a lot. It has made me realize how important my future is, and I really am grateful for that.

money in account

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

6 (make up your own problem)-- write it here

This makes me think…the earlier you start to save, the more the less worry you would have to get when you get older

Compound Interest Calculations

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

6. If you put $1000 into a regular savings account in the bank when you are 10 years old and add $100 each month how much will you have when you are 30 years old (20 years later)?

$27,642.99

This makes me think that it is actually easier to increase your total value in your bank account due to time and interest. Starting earlier has it's benefits. Also it makes me think that only a small amount each month ($100) could make a huge difference in the long run.

Blog Post #5

I am grateful for the opportunity I was given through my internship.  Pertaining to the class, I am grateful to have learned how to create a resume, sample job application, cover letter, etc.  Pertaining to my internship, I am grateful for the wonderful experience I had working with professionals in the medical field.  I have gained a wealth of knowledge from my internship that has helped me in my decision for my future career path after college to become a doctor.  I learned that I am a very ambitious person and I love helping people and enriching the lives of others.  I also learned that equality is one of my strongest morals.  Reflecting on my discoveries did not really make an impact in how I saw myself and what I learned about myself.  I have reflected on such things in the past, so nothing new was really brought to light (except that I may be autistic). Through my internship, I definitely improved on effective communication skills.  I had to constantly update my supervisor on schedule changes.  My diligence also improved; sometimes the work was boring, but I pushed through it.  Not many people get this opportunity, and so I am very grateful.