S1E17: Financial Literacy and Why it's so Elusive

27/08/2019 20 min Temporada 1 Episodio 17
S1E17: Financial Literacy and Why it's so Elusive

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Episode Synopsis

Host John Chapman of the John Chapman Show talks about financial literacy with Frankie Calkins, Email Marketing Manager at Bulletproof 360, Author, and Former Teacher at San Jose High School. Frankie shares insight on possible reasons why learning about proper financial habits haven’t been taught earlier in schools, what positive changes have been occurring, and ways parents can prepare their kids for better spending habits.    Episode Highlights:         Who is Frankie Calkins as a teacher?           How is he taught to teach his students in terms of structure?          Is there some lack of incentive for financial literacy to be taught in schools?           What has been the progress in teaching financial literacy since 2007?          Where is financial literacy best slotted into the existing curriculum?          Did he see that there is a specific age that is appropriate to engage kids on              financial literacy?          What are some healthy tips to develop money skills?           Saving, spending, and giving are the key things to master with money.          Technology is adding new apps, tools, and resources for teaching kids              financial literacy.    3 Key Points:   Frankie Calkin’s teaching experience spans grade 11 English, drama, and film studies.    Kids are extremely impressionable. So, begin teaching strong financial savings habits with their allowances.    Peer pressure is a bad way for kids to learn about money and spending.    Tweetable Quotes:     “Fortunately, or unfortunately, a lot of it is teaching to the standards and so teachers have a lot of good insight going into it and into their training of what that state’s standards are for that grade and that subject.” – Frankie Calkins     “You’ve just got to find ways to make it fun and express your own personality and get the kids interest. Because if you did just teach to the standards day in and day out it's going to get exhausting.” – Frankie Calkins     “I think right now we are at about 20 states that do require financial literacy curriculum. Only one of which, I think it’s Utah, actually tests against standards.” – Frankie Calkins   Resources Mentioned: Linkedin: John Chapman Linkedin: Frankie Calkins Bloomberg article See omnystudio.com/listener for privacy information.