Another great interactive from Flowing Data allows users to see top jobs and salaries by state (and for the entire U.S. of A. also). This static chart that I copied from the site displays job and salary information for the U.S. The green areas in the chart are jobs where the Median Annual Salary is $60,000 or more.
It was great to have NGPF Teacher Innovator Award winner Jesse Peterkin on the podcast recently. Jesse teaches at Ridgefield High School (Ridgefield, Connecticut). His project Create a Budget and Financial Plan uses celebrities and avatars as hooks to engage students to develop comprehensive financial plans for their “clients.” Hear Jesse share the trials and tribulations of his first job, learn how his career in the private sector informs his teaching and hear his ideas on how he brings the subject of personal finance alive for his students. Enjoy!
Ok, I’m dating myself here but had to include this story for those of my generation who recall the glee that came when the postman delivered the Sears catalog in time for the holiday season. I also recall 20 years ago getting the call to come to Chicago to Sears HQ to hear executives describe to investors that all was OK despite the billions in write-offs they announced overnight in their credit card unit (note to self: when retailers are worried about hitting their sales targets, they lower the standards on their credit card underwriting which boosts sales in the short-term and you can guess what happens in the long-term). Now, 20 years later, the Washington Post is chronicling the downfall of Sears that includes distressing quotes from experts like this:
From Visual Capitalist:
Questions for students:
Lots of drive time this week, which means lots of good podcast listening. Here are four that I thought you would enjoy:
- For those looking for entrepreneurial focused podcasts, my new FAVE is Masters of Scale with Reid Hoffman (VC at Greylock and founder of LinkedIn). Here are the two that I have listened to with their key points that stuck:
- Mark Zuckerberg (Facebook): Learn about the importance of launching “imperfect products” and then listening intently to your customers to iterate and make it better vs. waiting to launch that perfect product. Be close to your customers!
- Brian Chesky (Airbnb): Invest early and often in customer relationships so you develop empathy and build better products (thanks to all the educators who have taken time with our team over the past few weeks to let us know how we can continue to serve you better!). I love how he describes envisioning what would give your customers an 11-star experience. One of our projects at NGPF this summer:)
NGPF Podcast: Tim Talks To Micro-Lending Aficionado, Kristen Goggin of Town School For Boys (San Francisco, CA)
I enjoyed my recent conversation with Kristen Goggin, a 6th grade math teacher at the Town School for Boys in San Francisco, California. Laura Matchett, our director of teacher engagement, “discovered” Kristen who had penned an article about the innovative approach she used in her classroom to develop students who think globally. Find out how she uses the micro-lending website, Kiva, as the centerpiece for her unit that develops entrepreneurial skills as well as empathy for entrepreneurs in other countries (did I mention math skills, too?). Her students use profits that they generate from their own companies to provide loans to start-ups thousands of miles away. Listen to this podcast and find creative ideas that you can use in your classroom too! Enjoy!
- 0:00~0:58 – Introduction
- 0:58~2:28 – What Kristen does during her free time
- 2:28~3:37 – Kristen’s day job
- 3:37~6:52 – Micro-lending project
- 6:52~16:35 – How the project works
- 16:35~19:05 – Business ideas developed by students
Thanks to Andy Rachleff for this great conversation on the NGPF podcast recently. To say Andy has had an amazing career is an understatement. To name just a few of his roles: Founder of a premier venture capital firm (Benchmark), successful venture capitalist, sought after entrepreneurship instructor (Stanford Graduate School of Business) and currently a co-founder and CEO of a financial services disrupter (Wealthfront). Andy shares the insights he has gained over his illustrious career as well as the reasons he is so passionate about Wealthfront’s mission to democratize investing. Listen to this podcast to not only learn more about what makes a successful start-up but also the origin story behind Wealthfront and how automated investing is disrupting the investment management business. Enjoy!
Vince Roeshink has worn several “different hats” in his career. His current role as director of the Academy of Finance at University High School in Orange City, Florida seems the perfect culmination of a career path which has included stints as a stock broker and founder of a martial arts school (oh, and he has a black belt classification too). Vince is all about bringing the “real world” into his classroom. Learn how he does it in this entertaining conversation.
- 0:00~1:14 – Introduction
- 1:14~4:14 – Vince’s job and background
- 4:14~5:53 – Financial advising
- 5:53~7:13 – Saving for retirement
- 7:13~10:04 – Passion for personal finance
- 10:04~15:48 – Field trips
- 15:48~17:18 – Student feedback
- 17:18~21:27 – Background of students in his class
- 21:27~27:16 – Career advising
- 27:16~29:48 – Role of technology in the classroom
- 29:48~33:57 – Favorite online resources
- 33:57~34:16 – A word from our sponsor, Next Gen Personal Finance
- 34:16~37:46 – Favorite class to teach
- 37:46~40:52 – Favorite thing bought for under $10