Final answer:
The purpose of planning for the future, especially when selecting a career, is to make choices that will have long-term benefits. This involves considering the trade-offs between immediate versus future benefits and the evolving nature of personal goals, which is an application of the concept of intertemporal choices in Economics.
Step-by-step explanation:
The purpose of planning for the future, particularly in the context of making career and education decisions, is to ensure that you make choices today which will benefit you in the long term. This concept is rooted in the study of Economics, where the idea of intertemporal choices comes into play. Intertemporal choices involve considering the trade-offs between immediate benefits and future payoffs, such as deciding whether to consume now or save and invest for future consumption.
Choosing a career is an example of an intertemporal choice. High school students are encouraged to think ahead by picking a career path that not only suits their current interests but also takes into account the evolving nature of their goals and aspirations. While immediate opportunities, such as a job right after high school or a major with immediate earning potential post-college, may be appealing, it's important to weigh these against long-term benefits like career satisfaction, growth opportunities, and earning potential.
Ultimately, planning for the future allows for the flexibility to change paths as your needs and wants evolve. An awareness of this dynamic process can help in making more informed choices, taking into account both present circumstances and future possibilities.