NGPF Podcast

My Classroom is a short NGPF podcast series devoted to supporting the efforts of teachers. Each week we will speak with different teachers who will share timely tips, resources, and teaching strategies that can be implemented immediately into the classroom.

This week, we welcome Adam Cole and Tara Kelley. They will share the approach they take, and the approach of other math educators, when teaching personal finance.

In the latest installment of the NGPF podcast, you will hear from Tanya Menendez, a fearless entrepreneur. After co-founding Makers Row, a marketplace that matched designers with American manufacturers, Tanya went on sabbatical before settling on her latest venture, Snowball Wealth. In this podcast, Tanya shares her motivation behind Snowball Wealth and its mission to simplify student loan repayment so borrowers can pay less. Enjoy! 

My Classroom is a short NGPF podcast series devoted to supporting the efforts of teachers. Each week we will speak with different teachers who will share timely tips, resources, and teaching strategies that can be implemented immediately into the classroom.

This week, we welcome Lois Stoll, Mary Jean Gosnell, and Alaina Tharp. They will share the approach they take and the approach of other family and consumer science educators, when teaching personal finance.

Details:

• 0:00~1:07 Introduction
• 1:07~2:13 Interest in computer science, economics, and space
• 2:13~7:14 Early money lessons
• 7:14~11:18 Encouraging young people to invest for the long term
• 11:18~14:16 Starting StreetFins
• 14:16~14:44 A word from NGPF
• 14:44~16:38 Popular content on StreetFins
• 16:38~18:49 Favorite podcast episode
• 18:49~23:50 Lack of personal finance education in schools 
• 23:50~26:10 How StreetFins has grown
• 26:10~27:38 Managing StreetFins while attending school
• 27:38~29:25 What’s next for StreetFins?
• 29:25~32:21 Approaching partnerships while educating readers
• 32:21~36:16 What high school students should know about money
• 36:16~37:09 Conclusion

In Silicon Valley, many origin myths for start-ups begin with a business plan written on a napkin. Carl Richards took that concept to a new level by creating sketches on napkins to explain financial concepts. Here's one of my favorites:

The focus of many of his sketches was how psychology drives many of our money decisions. In addition to his decade as the Sketch Guy at the NY Times, Carl is the author of two books, The One-Page Financial Plan and The Behavior Gap. In this podcast, you will learn how Carl first got into the "securities" business and how his experience serving clients as a certified financial planner gave him plenty of material for his books and sketches. Enjoy! 

This week on the NGPF Podcast, you will hear the fascinating entrepreneurial journey of Kevin Carter. Many innovative investment product ideas originated in companies that Kevin founded. You will learn why it took two decades for fractional shares to become widely available for retail investors. You will discover how the direct indexing approach used by companies like Wealthfront and Betterment originated in a company that Kevin had founded a decade earlier. Finally, you will hear about a new approach that Kevin pioneered to create index funds for emerging and frontier markets. Enjoy!

Rebroadcast from 2019.  Student advocacy for financial education is definitely having its moment (an inspiring story out of Montgomery County (MD) this week). Listen to Melissa Santoya describe how the FAFSA can be a barrier to higher education and you will get fired up thinking about ways to increase access to this course. Enjoy! 

• 0:00~1:23 Introduction
• 1:23~2:07 On the new book, The Price You Pay for College
• 2:07~7:56 Ron’s own college experience
• 7:56~10:54 Appearing on the NYT while in college
• 10:54~18:30 The current financial aid system
• 18:30~23:13 Changes with the FAFSA and the effects of COVID
• 23:13~28:00 Asking for a merit aid pre-read 
• 28:00~30:47 Finding the common data set
• 30:47~31:14 A word from NGPF
• 31:14~33:53 Overcoming the emotional aspect of paying for college
• 33:53~42:05 The Varsity Blues scandal and what it tells us
• 42:05~45:25 Getting the most out of college
• 45:25~48:51 Shopping for schools with good mental healthcare
• 48:51~52:01 The Lasagna Test
• 52:01~54:57 Assessing college value
• 54:57~57:26 College price hacks
• 57:26~61:30 One family’s experience paying for college
• 61:30~63:08 Conclusion 

Resources:

• Book: The Price you Pay for College
• NGPF Podcast: Mark Salisbury
• Raj Chetty Lab

Quotes:

• “If you’re going to be paying upwards or more than three hundred thousand dollars for four years, I want people to feel entitled and empowered to ask questions.”

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NGPF Resources:

• FinCap Friday: Are College Degrees Worth the Fees? 
• Earlier NGPF Podcast with Ron Lieber

Details: 

• 0:00~1:02 Introduction
• 1:02~2:03 Jakob’s background
• 2:03~3:21 Early money lessons and interest in personal finance
• 3:21~4:22 First-ever stock investment
• 4:22~5:58 Favorite investing books
• 5:58~7:16 Tik Tok, Wall Street Bets, and StockTwits
• 7:16~9:10 Opinion on index funds
• 9:10~11:24 On the Young Investors Network
• 11:24~14:12 Young adults starting to invest on Robinhood
• 14:12~15:50 Access to personal finance education at Jakob’s school
• 15:50~17:19 Three most important things to think about when starting to invest
• 17:19~21:04 How Jakob evaluates companies
• 21:04~24:10 Aspirations to major in Finance and Computer Science
• 24:10~25:13 Conclusion

Author. Entrepreneur. Educator. If you want to know what it takes to succeed in the careers of the future, you need to listen to Mark Herschberg. In this podcast, he shares some of his favorite classroom activities that he developed in his two decades as an MIT instructor, as well as insights into the skills that students need to succeed. Podcast listeners also have the opportunity to receive a free copy of Mark's book, The Career Toolkit. Just listen to the podcast and complete this form.  [Note: Only teachers on the NGPF platform are eligible for this offer.]