Control Account Managers combine accounting and project management skills to keep projects within large organizations running smoothly.
Control Account Manager
Control Account Manager
VIRTUAL JOB SHADOW
Welcome to your first day on the job! Watch this video to see a day in the life of a Control Account Manager.
STEP 1: Take everything you earn in one month and put it in an envelope (money from babysitting, youtube ads, lawn mowing, etc.).
STEP 2: At the end of the month, count how much you have in the envelope.
STEP 3: Get 2 more envelopes. Label one envelope SAVING, and one SPENDING.
STEP 4: DO the math – put 80% of what you earned for the month in the SAVING envelope. Put the remaining 20% of what you earned in the SPENDING envelope. Here’s an example of the Envelope System in action.
STEP 5: Feel free to spend the money in the SPENDING envelope as you wish!
STEP 6: Do NOT spend anything from the SAVING envelope. Instead, invest this money in an interest-bearing savings account or investment account. (Your local library has tons of great books to help with this.)
STEP 7: Repeat steps 1 through 6 every month. You are well on your way to a strong financial future, and a career as Control Account Manager! [and you are well ahead of the 49% of Americans that have NO savings!]