He’s Got Plans, Man
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Transcript of He’s Got Plans, Man
By: Ian Mongold
He’s Got Plans,Man
• Dual Major in Marketing and Finance and Business Law
Total Education
Marketing Degree Finance and Business Law
Junior Year Senior Year Junior Year Senior Year
Integrated Function Systems
Marketing Analytics
Integrated Function Systems
Strategic Management
Consumer Behavior
Business Policy Analytical Methods in Finance
Advanced Financial Policy
Integrated Marketing Communications
Marketing Management
Spreadsheet Skills in Finance
Professional Selling
Intermediate Financial Management
Principles of Investments
Job Description
• Analyze demand
• Where to market product
• Pricing = max profit
• Analyze market trends
Certification
• Not Mandatory
• Name – Certified Marketing Executive “CME”• Pass exam on highlights of marketing
The Main Plan, Man: Marketing Manager
Wages
• Average Salary is $119,480
• Hourly $55.44
• Entry level $60,000
• Advancement up to $187,000+
Outlook
• Growth rate 13%
• Average
• Demand
• 2012-2022• 180,500 to 203,400 jobs
Marketing Manager: Job Information
Job Description
• Minimum time on creating financial reports
• Expand profit
• Understand laws and regulations
Certification
• Not Mandatory (2)
• Association for Financial Professionals• Two years of experience
• Pass on exam
• Chartered Financial Analyst • Bachelor’s Degree
• Four years of work experience
• Pass three exams
He’s Got a Backup Plan, Man:Financial Manager
Wages
• Average salary $105,260
• Breaks down to $50.60 per hour
• Entry level $60,000
• Advancement $150,000
Outlook
• Growth rate 9%
• Average
• Competitive
• 2012-2022• 532,000 to 579,000 jobs
Financial Manager: Job Information
• “Rainy Day” Money
Ally Bank
Savings Account – starting at 250 per month
Money Market – starting at 250 per month
• Investments for Retirement
401K – $511.20 per month
Roth IRA - $273.83 per month
MONEY
Money Part IIYear Savings Account Year Money Market
2018 3012.00 2018 3011.72
2027 28074.99 2027 28049.65
2036 64051.58 2036 63939.21
2045 108573.32 2045 108291.96
2054 162336.18 2054 161780.74
2063 226092.81 2063 225131.87
Year Salary 401K After 401K Tax After Tax Roth IRA Net Income Per Month After Utilites and ect.
2018 $62,650 $3,132.50 $59,517.00 25% $44,637.75 $2,231.89 $42,405.86 $3,533.82 $1,037.82
2027 $91,065 $4,553.25 $86,511.75 25% $64,883.81 $3,244.20 $61,639.80 $5,136.65 $1,850.65
2041 $119,480 $5,974.00 $113,506.00 28% $81,724.32 $4,086.22 $77,638.10 $6,469.84 $3,183.84
2054 $153,240 $7,662.00 $145,578.00 28% $104,816.16 $5,240.80 $99,575.20 $8,297.93 $5,011.93
2063 $187,000 $9,350.00 $177,650.00 28% $127,908.00 $6,395.40 $121,512.60 $10,126.00 $6,840.00
Money Part III
Savings Account
Money Market 401K Roth IRA
$226,092.81 $225,131.87 $1,415,295.93
$979,097
Total Amount of Money Saved Over Career
529 Plan• Pre-Paid Tuition Plan
• Cheaper
• Backed by State
• $5000 down Payment
• 1% interest rate
• $400 each per month
• Total savings $218,564.79 between two children
Future Generation’s Money
“The man who makes everything that leads to happiness depends upon himself, and not upon other men, has adopted the very best plan for living happily. This is the man of moderation, the man of manly character and of wisdom.” -Plato
“You can always amend a big plan, but you can never expand a little one. I don’t believe in little plans. I believe in plans big enough to meet a situation which we can’t possibly foresee now” -Harry S. Truman
“Setting a goal is not the main thing. It is deciding how you will go about achieving it and staying with that plan.” -Tom Landry
“Life is what happens while you are busy making other plans.” -John Lennon
“The Lord has a plan. We always think the plans are A, B, C, D, and everything is going to be perfect for us and it may not be that way, but it’s still his plan.” -Tony Dungy
“Don’t wait until you’re in a crisis to come up with a crisis plan.” -Phil McGraw
“The key is for the audience never to know, so I have a plan B for every illusion.” -David Copperfield
Quote Wall
Big thanks goes out to Capitalism
Thank You Adam Smith for the Wealth of Nations
Screw you Karl Marx, Fredrick Engels and the Communist Manifesto
Power Point made in China
Guest Star: Dennis Hopper as the Photo Journalist
Guest Star #2: Ben
Music: Pink Floyd-Money
Executive Producer: Dr. Ian Mongold
Credits
Calculations: http://www.banksite.com/calc/savings
Courses-Finance/Business Law- http://www.jmu.edu/catalog/12/programs/finance.html
Courses-Marketing: http://www.jmu.edu/catalog/12/programs/marketing.html
Financial Managers: http://www.onetonline.org/link/summary/11-2022.00
Job Outlook: http://www.bls.gov/ooh/
Marketing Certification: http://www.smei.org/displaycommon.cfm?an=1&subarticlenbr=12
Market Managers: http://www.onetonline.org/link/summary/11-2021.00
Quotes: http://www.brainyquote.com/quotes/keywords/plan.html
Savings Account: http://www.bankrate.com/funnel/savings/savings-results.aspx?local=false&IRA=false&prods=33&ic_id=CR_searchMMASavingsRates_checking_MMASavings
529 Plan: http://www.sec.gov/investor/pubs/intro529.htm
Work Cited
This is The End