We like to try different things at NGPF so this week we decided to take a new tack with the podcast and use it to discuss a recent lesson we created, “Teach Investing in 2 Hours.” The lesson’s title matches its goal to teach students in a compressed time frame enough so that they could confidently make a wise choice for their 401(k) (or other retirement) plan. We have heard time and again from educators that investing is the most difficult topic for them to teach their students. The seemingly innumerable investing options (where do I start and end?), the confusing jargon (how do I explain a P/E ratio to a novice investor?) and the lack of experience (I need to be able to manage my own investments before I can teach others) all hinder their performance. With the world moving away from defined benefit plans (pensions) toward DIY or defined contribution plans, young people need to understand that their investment choices will impact their options, such as when they will be able to retire. We had fun developing this lesson and hope this podcast piques your interest enough to try it in your classroom too!
- NGPF Lesson Guide: Teach Investing in 2 Hours
- NGPF February Webinar “Teach Investing in 2 Hours”
- NGPF Blog post with Finviz S&P500 market map and questions
- “The game changer is enrolling yourself into a 401(k). You’re going to graduate and get a job and hopefully your employer will have a 401(k) and you need to take advantage of that.”