Episode 40 We Haven't Seen Anything Yet! Year 2 Wrap-Up Play Now | Download (1059)
Looking Back and Ahead-
The Future is…
About Financial Literacy Education!
In this episode Kathy and Mark deliver a rousing discussion of where our nation and world is in the context of financial literacy education as we record the final episode of the series 2nd year in mid-February 2011.
It is snowy and cold in NJ and a bright sunny day in FL as our co-hosts record a remote podcast in their new format. (Kathy and her family moved to Florida in summer of 2010.)
Join us for reflection, and retrospection about what has transpired acorss the nation and most recently in the Middle East.
Does it connect with financial literacy?
What will it mean?
Will it last?
While we do not have a crystal ball, we know what we are seeing and can share the perspective of people informed in financial literacy education and pedagogy.
In addition what financial crisis has run through the USA in recent months? And do you know it will affect you students’ future education choices?
Listen in to find out.
Again no futuristic answers, but many issues are raised that the gernal public is not considering and which will crystalize in the coming months and years
Invitations for our listeners also abound and we finish up with a teacher’s rendition of our thanks to McGraw-Hill Companies for funding Year 3.
Resources Related to this Episode
ON THE ROAD
Upcoming Events by Kathy and Mark
USF Faculty Presentation on Podcasting- Tampa, FL March 23, 2011- Dr. Kathy King
Dr. King’s Induction into Hall of Fame for International Adult and Continuing Education- Dr. King, Toronto, Canada, April 6-8, 2011
NCEA Conference Presentation – New Orleans, LA, April 26-27, 2011- Dr. Kathy King
AERC-CASAE Conference Presentation- Toronto, Canada, June 9-12, 2011- Dr. Kathy King
ISTE Conference Presentation – Philadelphia, PA, June 26-29, 2011- Dr. Kathy King
International Technology Conference- Portugal – July 2011- Dr. King (not yet confirmed)
Distance Learning Conference – Madison WI – Aug 2-4, 2011 Dr. King (not yet confirmed)
Ep 37: Lynn Raymond, Banker aka Teacher Interview [24:41] Play Now | Download (1478)
What’s all this buzz about banks inside of High Schools? About High Schoolers actually running banks? Lynn Raymond, a former bank vice president turned business teacher, shares with us what these new trends and exciting developments in financial literacy are all about! Learn how she got started in bringing banking into the school, the possible pitfalls and the necessary tools to get such programs off the ground. All and all, another exciting interview that sheds light on new innovations in Teaching Financial Literacy!
[Photo By Michael Patrick, Knoxville (Tenn.) News Sentinel]
Resources Related to this Episode
Article in USA Today:
When students at Carter High School in Strawberry Plains, Tenn., forget their lunch money, they don’t have to worry about going hungry.Instead, they wander over to one of the five tellers who work at the student-run bank, where they can withdraw money from their savings accounts or fill out short applications for a $5 loan, all without leaving the building, says Lynn Raymond, a banking and finance teacher at the school.
Episode 35: Interview with David Anderson, Exec. Vice Pres. of W!SE [22:59] Play Now | Download (1124)
As we dive into 2011, Talking Fin Lit provides a compelling interview with Dave Anderson, the Exec Vice. Pres. of W!SE.
Dave discusses how financial literacy is a major issue for students as they advance to college. Indeed recent reports prove that the major reason students drop out of college is not academics, but Oops! We almost gave it away!
You have to listen in to find out, won’t you?
W!SE stands for Working in Support of Education and it is a member of the (McGraw Hill) Financial Literacy Now Partnership.
Quote from W!SE website:
“Most students drop out of college not because of academic failure but because of …….
and the fastest growing group filing personal bankruptcy is in the age group…………….”
Kathleen Kalmes is a Financial Resource Specialist who works with the New York Public Library (NYPL) to better educate people about financial literacy. In this exciting interview, Kathleen discusses some of the features of the NYPL’s Science Industry, and Business Library website- included in which are sections on stocks, bond investing, retirement, and much much more. Kathleen also discusses about the various programs the library offers, available for free to educate the public. Please join us and listen in as Kathleen describes what impact and what resources the Library has available to help those who are struggling in this troubled economic time.
Welcome to the Talking Financial Literacy Community @ Facebook. We hope folks will join us to share links, photos, comments and discussion. But the discussion board will especially be a space to share resources, plans for integrating financial literacy in classes and support as all of us pose new ideas. Who will be first and second to share who
they are, their basic interests in this area and any needs or resources?
Invitation for Listeners to Participate in the Show
Listen to the details in episode 31 and then email Mark and Kathy about what you have to share. Email us at podcast ( at) talkingfinlit.org
ON THE ROAD
Dr. Kathy King spoke at Westmoreland Community College in Youngwood, PA 8/16/10
Ep 24: Urgency and Perspective: Ms. Josephine Urso Play Now | Download (1451)
Join us for a vibrant interview with an experienced New York City teacher and administrator. Josephine Urso provides grounding and insightful examples of how financial literacy is incorporated into school curriculum, rather than isolated projects or after school programs. Deep insights offered as Kathy and Mark debrief on the interview and how teachers and schools can use this information to refine current and develop new financial literacy programs and connections.
Recommendations for Teacher and School Action
Benefit from an experienced perspective about urgency and recommendations for infusing financial literacy in the curriculum.
Resources in this Episode
If you are working on bringing financial literacy into your curriculum be sure to visit
If you go into the teachers part there is an excellent series of lessons on taxes that include why pay taxes, the history of taxes and the nuts and bolts of how to pay taxes.
This episode features an interview with Ms. Beth Peller, Former Local Instructional Superintendent, New York City Department of Education. Beth Peller retired a year or two back from a very successful career with the New York City Department of Education. Over several decades she served the Department in a variety of capacities. After starting as a classroom teacher, she was tapped
to become a citywide Staff Developer for the Central Office. She moved on to become Head of Literacy for Community School District #15 in Brooklyn for a while and then served as a Language Arts Specialist in the Office of Performance Standards, a part of the central organization’s Division of Instructional Support. Finally, she served as a Local Instructional Superintendent until retiring. Speaking with the benefit of deep experience in the field of education, Beth shares some informed insights about the challenge of Financial Literacy Education.
[display_podcast]This episode features a lively and informative interview with loan manager, Elizabeth Zelasko of
Countrywide Bank by Talking Fin Lit co-host Dr. Kathy King. Elizabeth provides behind the scenes information that every loan applicant should know about mortgages in general and for the changing landscape of this financial vehicle today. From application fees to points, locking in rates, ARMs, fixed rates, taxes, stated income, credit scores, to “junk fees,” we are here to de-mystify the terms and the process!
You will find many money-saving and powerful suggestions for how to prepare for mortgages as adults and pose it for young people to understand the need to prepare now, for instance: building a credit history, savings and banking literacy!
Mark and Kathy also discuss the details of how to use mortgages and this life need as a vibrant classroom learning focus. Resources, lesson ideas and discussion abound.
Join us as we bring an expert on board to provide complete information in a form for all to understand.
Calculator: “Calculate Your Debt-to-Income Ratio”
Comparing your earnings against your spending , also known as a debt-to-income ratio, is one of the most popular approaches for evaluating if you have too much debt. Lenders, for years, have looked at debt-to-income ratios to get a better grasp on a person’s current financial picture to determine credit-worthiness.
Join Kathy and Mark as the explore the need for teaching and learning which include banking content. While topics related to banking functions are rich for math, economics, critical thinking, social studies and literacy, they are not being used in in most curriculum. In this episode, the Talking Fin Lit hosts discuss the great need, the gaps in understanding and some of the few valuable tools and resources available at this time.
Join us as we explore how to fill this gap in personal financial literacy learning across grades and settings. Examples include p-12 through GED and higher education, a not-to-be-missed episode! Entirely relevant, needed and 21st century literacy focused, from the only podcast series with professional development and resources for educators, students and lifelong learners.
Talking Fin Lit Podcast: Continuing the global conversation about personal financial literacy for educators
Resources discussed in this episode:
Articles:
Student-Run Bank Branch Opens in New Jersey High School
Ep. 12 Financial Literacy Meets Character Education [22:31] Play Now | Download (1530)
Mark and Kathy discuss a wide trend of financial literacy materials which raise ye olde timeless, legacy of Character Education. Indeed as national and global economies toss and turn day by day, people of all ages look for a mooring. A multitude of resources already exist which tap into critical lessons of responsibility and ethics along the way in teaching financial literacy concepts and skills. Don’t miss out on this important episode. Something very different, even unexpected- yet such a powerful connection to transform individuals and communities? Always full with resources and lively discussion, The Talking Financial Literacy Podcast.
“Money. The Puritan legacy inhibited luxury and self-indulgence. Benjamin Franklin spread a practical gospel that emphasized hard work, temperance and frugality. Millions of parents, preachers, newspaper editors and teachers expounded the message. The result was quite remarkable.
……
Over the past 30 years, much of that has been shredded. The social norms and institutions that encouraged frugality and spending what you earn have been undermined. The institutions that encourage debt and living for the moment have been strengthened”
Article
Students are learning business strategy by playing entrepreneur.
“The Definition of Character Education”
ASCD website
“Character education involves teaching children about basic human values including honesty, kindness, generosity, courage, freedom, equality, and respect.
The goal is to raise children to become morally responsible, self-disciplined citizens. Problem solving, decision making, and conflict resolution are important parts of developing moral character. Through role playing and discussions, students can see that their decisions affect other people and things.”
Resources
Goodcharacter.com: Character Education: Free Resources, Materials, Lesson Plans
Episode 2 Flagging Econ Propels Financial Ed [35:51] Play Now | Download (2234)
Join us for this exciting episode of top news items and US federal resources for financial literacy. It’s Not Too Late – Flagging Economy Propels Financial Education discussion with Mark and Kathy combined with an educator’s interview with the Federal Reserved.
An interview with Lloyd Bromberg/ Director of Education for Federal Reserve Bank of New York
Econ Explorers Journal “ Discover the world of economics in your home, neighborhood and school by completing your Econ Explorers Journal” – Downloadable PDF curriculum
Kathleen Kalmes is a Financial Resource Specialist who works with the New York Public Library (NYPL) to better educate people about financial literacy. In this exciting interview, Kathleen discusses some of the features of the NYPL’s Science Industry, and Business Library website- included in which are sections on stocks, bond investing, retirement, and much much more. Kathleen also discusses about the various programs the library offers, available for free to educate the public. Please join us and listen in as Kathleen describes what impact and what resources the Library has available to help those who are struggling in this troubled economic time.
Click to read the article about Talking Fin Lit Podcast!