Blogg part2:

• Please describe your fondest memory from your time at M-A.  Discuss one challenge you have overcome and how you were able to be successful.  Who are you thankful for (friend(s), family, mentor, other adults, teacher, etc).  Finally, where are you headed next?

The best memory that I had at MA was when I went on the Yosemite camping field trip with Mr. Powell last year. I overcame many challenges but the number one challenge I can think of was when I was depressed in sophomore year. I overcame this challenge with the help of Mr. Powell and Jennifer Arias. They made me realize that I have a bright future to look forward to and that I can't beat myself down for small stupid things. I am also thankful for all the academy teachers for making my last 3 years here at MA not so stressful. You guys would motivate me to do better and I appreciate you all for that. You guys are the best! I will be attending college of San Mateo and I am in the cosmetology program. This will take a year to get my beauty license. After I get my License I will go back and major on business management and hopefully transfer to a 4 year university. 

Car!

Some of the benefits of having a car is that you can commute to that place easily. Also another thing is that you can get to places a lot faster. A problem with having a car is that you have to pay for things like gas and cleaning your car. Also you need to pay for any mechanical fixes. You also have to pay tolls like bridge tolls if you go over a bridge.

Earth day

1. I think if we shop locally we make more money for our community. It may be more expensive but that money goes to our community. Buying stuff from our community strengthens the base of the community. Also it allows people to have jobs if the business is doing well.

2. If we shop at local businesses the money goes to our communities schools, police departments, and helps in local taxes. Money is used to buy other stuff from other local areas such as farms. This is a great help for us because we won't have to drive far to get stuff from a farm.

3. Locally owned businesses can make more local purchases requiring less transportation and generally set up shop in town or city centers as opposed to developing on the fringe. This generally means contributing less to sprawl, congestion, habitat loss and pollution. So technically shopping in local communities causes less pollution in the world. 

The final chapter

My spring break went by too fast. I was mostly catching up on sleep the first half of my break. On Thursday I started my new job working at dreagers. I really like it there because everyone's so nice. I didn't really go out during my break.  I am looking forward to senior activities! I am looking foward to graduation! Lastly i am looking foward to leaving this school.(no offense) haha I'm done with high school drama and I am ready to move on. I am planning on making up all work needed in all my classes. I need to graduate but I want to graduate with good enough grades. Also I want to go to com to sign up for my fall classes for cosmetology before all the spaces get full.

Life situation card

1. Yes I was surprised about how much my net income came out to be. I went from having $50,000 to having $3,371.66. 

2. I feel like food and housing was the more important because we need these things in order to live. The least important is entertainment and recreation because that is just an extra thing in living. I think most of these things work well with the life I plan on having.

3. I decided to buy a house in Reno and I found a house that cost $120,000. I had to put in a 20% down payment. Monthly I had to pay $266.66 a month. I would rather buy a home because I can't get kicked out, only if I don't pay for the house or my own rent.  

My Money

It is important to begin budgeting my money now because in the future I might need it for an emergency. People need to discipline themselves to save money because not a lot of people save money. Also we can save up for retirement. Another thing is to set aside money for debt. It is important to make a list of what you spend and see what you should stop spending things on. Set aside money so you can buy something you want but still end up being guilty. 

The rising cost of college

In the article "the rising cost of not going to college" talks about how you can be more successful if you attend college. In the article it says that people who attend college are likely to say that their job is their carrer. As in people with a high school diploma or less would say that their job is just a job that will help them get through life. Others say that college will prepare you better for a future job you may have. Statistics show that college graduates are doing way better than those with a less education. Having a major will help you get any job. 

4th quarter!!

I am extremely excited for fourth quarter! But also I'm scared of not passing my classes to graduate. I will try my best this last quarter to turn in all homework and also to be in class everyday. 

I want to leave MA with good grades and leave with positive people surrounding me.

3rd quarter I didn't do so good in my classes. I need to step up my game and push through. Also I want to be able to have my academy graduation so I need to put up my grade for animation. 

"Sure, I'd make that bet"

Questions:

1. Why did these banks pay such large bonuses in 2008? 
2. What grade would you give the decision to award these bonuses?
3. Finally, how might the prospect of such large bonuses affect the behavior of employees? In theory, people have an incentive to perform well if they make more money when their contribution to their bank’s profits is greater. But what happens to the employees when the bank loses money or collapses? If the banks still pay bonuses, and employees know losses will be borne by investors and taxpayers, will they take on too much risk?

Answers:

1. 

It’s Utterly Mad

The CDO might have done this so that they can make a little extra money on the side. 

They assumed that the correlation was low.

It was "mad" because a lot of investors and banks didn't know what was happening.

St. Patricks

Saint Patrick is the patron saint and national apostle of Ireland. St Patrick is credited with bringing christianity to Ireland. 

In American cities with a large Irish population, St. Patrick’s Day is a very big deal. Big cities and small towns alike celebrate with parades, “wearing of the green,” music and songs, Irish food and drink, and activities for kids such as crafts, coloring and games. 

Some communities even go so far as to dye rivers or streams green!

Being a religious holiday as well, many Irish attend mass, where March 17th is the traditional day for offering prayers for missionaries worldwide before the serious celebrating begins.

Fridayyyy

A loan is when someone asks to borrow money to purchase something. 

My parents got a loan from the bank to buy a house. I believe they had to leave a down payment to make sure they start paying it off. The bank would probably check credit history because it makes them know who will pay them back and who won't.

Creditworthiness

Creditworthiness is a record of your debt and repayment. To see how good you are at paying bills. I. Guess this just helps financial institutions keep track of payment records and stuff.

Stock market

The most expensive stock market that I found was the Berkshire Hathaway. It is a property and casualty insurance. The price is at 121,049.

World events affect stock prices. 

Market Cap: $199.77 billion

I.O.U.S.A. Friday blog

• The Federal Budget Deficit- when we spend more money than what we actually have.
• The Savings Deficit- people living beyond their needs.
• The Trade Deficit- when we import more than what we export.
• The Leadership Deficit- cut down on spending and paying off debt(raising taxes).

Current event

A former u.s. Congressman, Melvin Jay Reynolds, was arrested in Zimbabwe of or possession of pornography. This is one of several charges against Reynolds. Newspaper reports say that Reynolds allegedly took models and other women to his hotel room where he took photos and videos. He has been charged in the past for having child pornography. In Zimbabwe it is said to be illegal to posses any sexual material.

This is a major issue for the world, especially the U.S., because of many reasons. This shows that our representatives have criminal backgrounds. This is bad because they can be capable of anything. Also many people around the world might see the US as a poor nation because we have perverts running our nation. 

This affects my community in many ways. First of all this is scary because he has a really bad background. Knowing Reynold is a part of our congress kind of scares me. Also this might affect our family from traveling to other places because people might want to check our bags of possessions of things. This will have an impact on traveling I believe. Hopefully Reynolds gets fired for good or he stays in jail for a really long time. 

Thursday blog

The benefits of having and using a credit card:

You can buy something you like 

Qualify for a loan by building credit history

Helps you track your expenses 

Helps you establish credit 

Set limit, so can keep from overspending 

Have money for emergency expenses 

Easy to report card stolen 

Make you responsible 

Easy for foreign exchange 

Rewards 

Cogswell presentation

Cogswell focuses on artists and animation work. Today we had a presentation about the school and what I found interesting was about the 10 minute animation movie. Also how the classes are very small. They get one on one help from the teacher. I don't want to go because I am not so interested. I am more into being a makeup artist. 

  

IMF statement

The statement given by the IMF states that their organization is trying to help poverty throughout the world. They try to build a cheap economic place for people that cannot afford things.

Good thing about IMF selling in Jamaica is that is cheaper to buy than Jamaicas naturally grown products and also there's no import fees. 

State of the union 2014

1. It's a meeting between the president and members of the congress. It's annual. Talk about the progress of the nation and economics, problems, new laws.

2. So that he can give everyone an idea of what's happening in the government.

3.George Washington's handwritten notes for the first State of the Union Address, January 8, 1790.

4. Health care, war, employment, dream act, immigration, environment, scholarships/student loans. 

IMF

The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Tuesday

I couldn't really find anything about big business decisions but I found an interesting fact about the staedtler eraser. The staedtler eraser is one of the best erasers in the world! I personally use this eraser and I love how it works. I never knew that they also have pencils of this brand. That's something I will have to test out one of these days.

Happy Friday !

Some of Walmarts good decisions are having the product prices low. This makes it good for the customers because we save a lot of money. 

Some bad decisions that Walmart has is that they drop a company if they don't agree with Walmarts prices. 

Levi Strauss

1. You have learned about the factors of production or the resources needed to produce goods and services. List all the major resources that the Strauss brothers needed to make jeans.
2. All resources fall under 1 of 4 categories. Land: Natural Resources to make a product. Labor: Workers. Capital: includes tools, buildings, and equipment. Entrepreneurship: the ability to combine the other 3 resources to make or improve a product or service. List each resource as Land, Labor or Capital. 
3. Did the Strauss brothers possess entrepreneurship? Explain.

1. The major resource was canvas. 

2. Land:Canvas, labor: sewers, cutters capital: scissors, needles, sewing machines , snaps.

3. Yes they did because they started with a small idea then they made it into a billion dollar company. Their company still exists. He had a simple idea. The main thing was that he was able to adjust to a new product.

1/14/14

This website shows gives me a lot of information about the production of an eraser. 

http://www.madehow.com/Volume-5/Eraser.html

The first eraser was pieces of bread.

Financial

1. I track how I spend my money regularly. 3
2. I use a personal budget to plan how I spend money. 2
3. I talk to my parents or guardians about my financial goals. 5
4. Before making a purchase, I ask myself if this is a need or want. 1
5. I save money for my future needs and wants.1
6. I set personal financial goals for myself. 3

From now on one of my New Years resolution was to not spend money on things I don't need. Also I want to save money for my future plans which is to make a beauty salon in Mexico. I plan on spending money on things I need.

Happy Thursday!!

The four factors of production are land,labor, capital, and entrepreneurship. Land means having a natural resources. Labor includes any work people to produce goods and or services. Capital includes machines needed to make the products, buildings and tools. Entrepreneurship is the ability of individuals to start a new business.

Common needs

1

Phone 

Music

Money water job house

Juice

Car

Stereo

V 

2

People are scared of scarcity Because at some point you have to make a decision about their time.

I do agree with the statement that there's no such thing as a free lunch because they want something from you at the end of the day and you have to waste your time .

3

There has to be a land that is being sold. You need money to buy the land.

The labor you need to have 

Welcome back

My winter vacation was by far the best vacation I've ever had. I was in Mexico for almost a month and it was the best. My little sister had her quinceañera and we spent Christmas and New Years there. To be honest I'm not happy to be back. I miss Mexico a lot. It made me feel more independent and responsible because a woman's life style there is completely different then a woman's lifestyle here in the u.s.a. 

I told everyone I only had one New Years resolution which was to be healthy and graduate high school. I plan on studying hard and making sure I get through school. I want to graduate having good grades. Lastly I want to show that I appreciate everyone's presence around me.