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NGPF Podcast: Tim Talks To Vince Roeshink, Educator, Entrepreneur and Former Financial Advisor

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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.

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  • 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
  • 40:52~42:38
By |April 23rd, 2017|Entrepreneurship, Investing, Podcasts|

NGPF Podcast: Tim Talks To Prof. Meir Statman About Behavioral Finance

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I enjoyed my recent conversation with Finance professor Meir Statman of Santa Clara University, which is just down the street from the NGPF offices. Meir conducted some of the earliest research in what we now know as behavioral finance. He discusses his book, Finance for Normal People, and shares his insights about how investing should be taught in school (spoiler alert: Keep It Simple!). He also describes his approach to playing the stock market game and why fees matter so much when comparing investment options. You will know more about investing after you listen to Prof. Statman. Enjoy!
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Question: What Is Most Valuable Car Company In the United States?

a. General Motors

b. Ford

c. Tesla

NGPF Podcast: Tim Talks To NGPF Fellow Amy McCabe of Culpeper High School (Virginia)

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Thanks to Amy McCabe for taking the time to participate in this recent NGPF Podcast. I got to know Amy during our inaugural Summer Institute in 2016 and was struck by her passion for teaching and for ensuring her students get the skills they need to succeed in their financial lives. In this podcast, you will learn from Amy what it’s like to teach in a state with a personal finance mandate. She discusses her approach to teaching challenging topics, such as investing and insurance and how she injects story-telling into her lessons. You will also discover what Amy bought for $10 recently that brought great joy into her life. Enjoy!

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What I Have Been Reading This Week…

Here’s a weekly round-up of articles that caught my attention this week that I thought you would find interesting:

  • Want to find out what it feels like to own a volatile stock? Find out how this investor got emotional by making a $3 trade in this MarketWatch article, “I drove myself crazy by investing $3 in the stock market.”

“Turns out, it doesn’t cost much to drive yourself batty over your investments. For the past week, ever since I broke one of my cardinal investing rules by buying an individual stock, I have experienced pronounced emotional swings over the company’s every tick and trade, feeling accomplished when the price rises and despondent when it falls.”

  • You may have heard about robo-advising to create passive investing portfolios, now the largest fund company in the world is investing in algorithms to make stock picks in actively managed funds. Find out more in this NY Times article “At BlackRock, Machines Are Rising over Managers to Pick Stock,”

Laura’s Insights: NGPF in the Classroom!

This year, NGPF took our show on the road and taught personal finance workshops in several local schools.  These experiences included a 3 day workshop at the Nueva School (San Mateo), a four session workshop at Castilleja school (Palo Alto), seven sessions with an AVID classroom at Mountain View High School (Mountain View) and our intensive 6 week workshop at Eastside Prep (East Palo Alto). In this post, I will share my experiences at the Castilleja School, an all-girls school just down the road from our office.

Given the time constraints (only 4 sessions), I modified our recently released 8-Hour Workshop and focused on Paying for & Budgeting During College, Understanding Debt & Credit, Why Credit Scores Matter and finishing with a Crash Course in Investing.

In each of the sessions, the girls engaged with the content and asked many great questions. Here were some of my highlights:

Life Strategies: Apply the Concept of Compounding to Your Life

I came across two articles recently that had me nodding my head frequently because they made a lot of sense. Both articles dealt with a similar theme: how small, incremental changes add up to large improvements over time. I like to think of the NGPF blog as an example of this. In the process of curating and writing two blog posts everyday (with help from the team), I hope that I am getting a little bit smarter about personal finance and more creative about brainstorming ways for educators to utilize these resources in the classroom.

The first article from the Irrelevant Investor blog views the issue from an investor’s perspective. Here’s a sampling of recent headlines that demonstrate how the media tends to stay focused on the negative:

By |March 29th, 2017|Article, Behavioral Finance, Career, Current Events, Investing, Research|

Resource Lists for Financial Educators (courtesy of Barbara O’Neill of Rutgers Cooperative Extension)

What does a distinguished professor do during her sabbatical? Curate personal finance resources, of course! In this blog post, Barbara O’Neill shares the fruits of her hundreds of hours of labor in putting together three awesome resource lists (see bottom of post for links to her lists), including what what she considered the “best of the best” from the NGPF library. As she describes below, the purpose of her odyssey was to replenish her “well” of creative learning activities. I hope that your “well” overflows as you find resources that will work in your classroom. Thank you Barbara for this tremendous gift to the community! Your commitment and dedication to improving financial literacy in this country inspires us.