Personal Mission Statement
Section One: My Role in My Education
At this moment in time, I have recently completed my first session at DeVry University towards my Health Information Technology degree. In five years from now, I will hope to have completed my Bachelor’s Degree in Accounting and have some great experience working from home performing Medical Billing and Coding. I would also like to be moving towards pursing my CPA license. Using both educational degrees, I hope to be successful in both the office and at home as well as inspiring others to further educate themselves.
Life would be uneventful if it ran perfectly without a few hurdles to jump here and there along the way. Time and money management are two very important factors to being successful and are also two subjects that happen to be budgeted very tightly. At this time, I am working full time at a lower rate of pay, leaving my bi-weekly income still low along with less time for school. With this type of schedule, I normally have two days off a week and my evening/nights available for school work, house chores, dinner, shopping, and any other errands or extracurricular activities. Should my time not be managed correctly, some of my weekly activities may get missed causing them to build up upon one another leading to stress. When I begin to stress and worry about things not getting completed, some tasks don’t get my all or completed to its fullest trying to work on everything all at once. Doing so could show a slack in my job performance, my grades at school, and even the cleanliness of my home. Therefore I work hard at managing my time well to allocate enough time for all tasks that need to be completed each week.
Working full time also brings another possible hurdle with my financing. Performing more hours a week at my job could potentially cause me to lose some of my funding towards school leaving more for me to pay out of pocket. As my budget is already stretched tightly, I am hoping this doesn’t happen, leaving me to have to find other ways to fund my schooling. However, if it comes down to it, I will find a way so I can reach my degree!
The third hurdle I may have to face some point in time is losing my roommate who I share half of the household expenses with. If my roommate were to move out of our home we share together, I would be faced with adjusting my budget to the necessities rather than having all the luxuries. My budget would no longer allow little shopping trips, cable television, pleasure activities, or the extra gas money for those activities. School at this point however is a necessity and I would continue to find a way to fund school so I can move on and up in my career each week reaching closer to my degree.
Section Two: Problem Solving for Success
Step 1: Research and Define the Problem Using Present State and Desired State
Currently I am working full time with and very tight budget and receiving funding for the majority of my school each session. The first session, a small amount had to come out of pocket which I was able to cover over the first fall session. However, next year with my full time job, if my funding was to be cut, I don’t have a savings to help cover any cost if need be.
Step 2: Determine the Causes of the Problem * What- I have a tight budget leaving little or no room for extra expenses. I rely on the help of my roommate for household expenses and or anything extra that may arise. * Why- I used my savings this past year when I was out of work to cover my bills until I had an income again. I have yet to replenish my savings. * Who- I depend on my roommate to help with half of all the household expenses. My tightly stretched budget is also a problem because I have nothing left over for my savings. * Where- Some household expenses or leisure activities are wants rather than needs. This money could be better used towards other things such as my savings or bills. * When- The beginning of the year I was out of work, but I still had many bills to continue to pay each month which cause me to use my savings along with some bills being paid late. * How much- 100% of my paycheck every two weeks goes towards expenses leaving nothing to put back into my savings.
Step 3: Generate Solutions by Brainstorming
To help solve my problem at hand, I have thought of a few solutions: 1. Consider another roommate to help assist each of us with the expenses. 2. Find a better paying job that might offer some overtime hours. 3. Find a less expensive home for my roommate and myself to live in.
If unexpected challenges were to arise and I couldn’t financially cover them, I always have my supportive family to fall back on. Both my father and grandmother would be more than happy to assist me wherever I may need it so I can continue my education. They stand beside me and want me to complete my HIT degree almost just as much as I want to myself.
The information I have learned in this class allows me to fully think through the situation to the best of my ability to come up with the best possible solution. This class as taught me to examine each problem to its entirety, looking at it from many different aspects to come up with many different possible solutions. After examining all solutions I can best choose the correct one as well as leaving me with some back up options if the first one were to fall through.
Step 4: Decide on the Best Solution
The best solution at this time would be to consider a third roommate. Our current home has plenty of room for a third person and would be beneficial for both my roommate’s and my own expenses. Lowering our household expenses leaves me with money left in my budget to put into my savings account each pay week to being replenishment. Also, I will still have time for my school work and other activities choosing this solution.
The other possible solutions could possibly take up what open time I have available for my schooling and other activities such as my house chores and leisure activities.
Step 5: Implement the Solution
Both my roommate and myself would them start looking for our third roommate to join our home. I would then talk to my friends and co-workers to acquire if anyone of them or someone they knew were looking for a place to live. When we then found someone, we would adjust our budget to accommodate the three of us and then put my extra money into my savings account. After a little time, I should have enough money saved for any unexpected expenses or school funding should it change.
Step 6: Each month I will review my bank statements to ensure my total balance of my savings was increasing. I will also monitor my online banking and transfer the extra money to my savings after my bills are paid.
Section Three: Your Role in Leadership
On my team project, I believe I was encouraging to my team members, productive, and a motivator. I felt that with a lot of our meetings I was one who started us into our project. Team members were often appraised for their good work and ideas put forth. I do feel that I was a little slack on reviewing every team members post to its fullest ability.
In five years from now, I would like to see myself as a CPA with my own business and others working around me. As all business owners would, I would like to have a successful business and a well liked one come tax season. I would like to be an idol for some and have people enjoy working with/or around me each and every day.
Section Four: Personal Mission Statement
I am a determined, devoted, strong willed individual who does not give up on anything I start. I have begun furthering my education with DeVry University and will not stop until I have reached my long term career goals! I will drive myself to settle for no less than what I have dreamt to be. At any time should I feel anything less than proud or good about my educational plan, I will lean to those in my support system to boost me back up again. Along my journey, I hope to touch others who have reached out and touched me.