Talking Fin Lit

Talking Financial Literacy Podcast hosted and produced by Mark Gura & Kathy King
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Archive for the ‘budgets’

Ep 14 Caring for Your Parents

December 08, 2008 By: admin Category: budgets, calculators, cost of living, investments, mortgages, resources, retirement, student outcomes, teacher perspectives No Comments →


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In this episode, Mark and Kathy discuss the educational opportunities related to the stage of life in which we help take care of our parents, grandparents and other older adults. Our approach on this topic is to help educators and students develop a new understanding of personal literacy to reach different areas of their lives. This topic provides rich opportunities for family literacy, intergenerational dialogue, problem solving, research, embedded literacy projects and critical thinking.

While some teachers may have already experienced the need to do this and begun to negotiate the complex world of finance for elders, others may be less aware of the retirement needs, financial picture, living needs, rights and dangers, which surround elder care. This topic is a powerful to become conversant in to assist your students in exploring it.

 We emphasize to our listeners that we are not financial experts; our goal in this series to introduce resources, cast a view of financial literacy as personal literacy, and provide ideas and free resources for educators to use across curriculum and grade levels.

These episodes are not intended to provide financial advice or counsel. Please consult a certified financial planner and a lawyer who specializes in elder care to assist you in understanding your situation and to plan to meet your needs. If you take that step or encourage others to do likewise, because of this blog and podcast, we are immensely successful in our mission!

World Health Organization Data  2008elders

How long will you live in retirement: 20, 30, 40 years?

Check this out: Life expectancy in USA as of 2008

  • White women 81, Black women, 77
  •  White men 76, Black men, 70

Elder Financial Care Resources
Information to help understand the issues related to helping take care of older people in your family.

PBS Handbook Understanding Finances
Resources Directory Elder Financial Care

Financial Abuse

What is it?

Where does it come from?

How to prevent it!

[Click to read an informative document on this topic]

Senior/Elder Care Financial Services

Comprehensive Solutions for Seniors has helped many families make the most of their financial resources and assets to provide the best possible care for loved ones. Let our experience and knowledge work for you.

http://www.senioreldercare.com/financial_services.htm

Reverse Mortgage Information for Seniors

http://www.letyourhomepayyou.com/

 

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You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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Ep 13 Money Management: Ms. Joan Sabela

October 06, 2008 By: admin Category: bank accounts, budgets, calculators, cost of living, interviews, investments, loans, mortgages, resources No Comments →



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Ms. Joan Sabella

Financial insider Ms. Joan Sabella sits down with Mark Gura to discuss how people can wisely and astutely manage their money, and make financial decisions. In this essential episode about personal finance literacy, topics range from credit card choices and use, and benefits of budgets, to mutual funds and risk tolerance surveys. Ms. Sabella has managed MainStay Balanced Fund since its inception in 1989. She is a Managing Director and has been with New York Life and Management LLC since 2000. Resources in this episode include resources for empowering women in finance, risk tolerance calculators and credit card comparison sites.

We predict you may want to share this with the people you care about- warm, friendly conversation enlightening us about critical financial issues.

 

Ms. Sabella’s Online Financial Counseling Column
“Ask Joan” http://www.newyorklife.com/cda/0,,16592,00.html

Always filled with resources and lively discussion, The Talking Financial Literacy Podcast. Join hosts Mark Gura and Dr. Kathleen P. King (Kathy) for another episode of this series which provides professional development and resources for educators, students and lifelong learners. Financial Literacy is Mission Critical Lifelong Learning.

Resources

Contact Us


You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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Ep. 12 Financial Literacy Meets Character Education

October 03, 2008 By: admin Category: bankruptcy, budgets, business, cost of living, curriculum, games, resources No Comments →



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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.paybills

The Great Seduction  – NY Times Article

By DAVID BROOKS,

NY Times OP-ED COLUMNIST

(June 10, 2008)

“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   

“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

Legacy Educational Resources

Role Models

Stories with Ethical Themes


Contact Us

You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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Episode 10 Is the National Debt Personal Financial?

September 24, 2008 By: admin Category: bank accounts, budgets, calculators, cost of living, curriculum, Educational programs, games, resources No Comments →



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 Join us for an episode about connecting current financial issues to financial literacy.

PerotChartslogo

Now for something very different as Mark and Kathy consider the recommendations made by Ross Perot to re-examine the national debt. How could it be this statesman is guiding us to financial literacy education?

In this episode Mark and Kathy discuss the National debt as a basis for financial literacy education. The Ross Perot Charts site offers abundant resources for information, education and critical analysis of how government economics impacts personal finance. http://perotcharts.com/

“The cowards never started, the weak died on the way, and the courageous survived.” Pioneer’s Creed

“We need action this day”

- Winston Churchill

 Resources

Babylon Today -National Debt Clock

http://www.babylontoday.com/national_debt_clock.htm

Zfacts.com

http://zfacts.com/p/461.html

 

Webquest on Democracy and National Debt

Look at Who’s Footing the Bill!

 http://www.kn.att.com/wired/democracy/debtquest.html

 

Contact Us

You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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Episode 7 TV411- Managing Your Money- Curriculum Options

September 16, 2008 By: drkpking Category: bank accounts, budgets, calculators, cost of living, credit scores, curriculum, Educational programs, games, globalization, loans, mortgages, resources No Comments →


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Dr. Kathy King and Mark critical issues in Managing your Money on the personal, local, national and global scope. From rising fuel and food costs, to food riots. How do they interconnect? Then down to the educational connections. Kathy delivers a sample copy of TV411 Financial Literacy  curriculum. You get and inside view of the depth of the material and how it can be used. Please note this curriculum was chosen for review because of the high caliber of TV411 in the public education field. This program is not endorsing the product, nor do we receive benefit from any purchase. Tune in for a vibrant episode that covers the ground of global events, to how do we help students of all ages navigate their financial lives.Curriculum Options  TV411 Financial Literacy “Minding Your Money”

  • Produced by KET (PBS television network in Kentucky)
  • http://www.ketadultlearning.org/adult/tv411_kits.htm
  • Regarding use in school: the site says “More than half the states in the U.S. have licenses for one or more series — with great discounts! Call 800.354.9067 to find out if your state is one of those”

Abundant additional web-based materials from KET and TV411

    TV411 FINANCIAL LITERACY KIT (Description for TV411)
    By teaching how to track and control spending, save money, shop, and use credit responsibly, this kit helps learners achieve their financial goals.
    Six units:
    * What’s on the Stub? Understanding Your Paycheck
    * Reading the Fine Print: Don’t Be Fooled
    * Rent-to-Own: Is It Really a Deal?
    * Wise Decisions: Selecting and Using Credit Cards
    * Getting on Track: Making a Budget
    * A Home of Your Own: From Dream to Reality

NYACCE New York Association of Continuing/Community Education
Conference where Dr King learned of TV411 curriculum

Special thank you to Tony Buttino, of Buttino Bunch Media, for loaning us the kit for review from his inventory at !

Articles discussed in this  episode:

Rice and Wrong, Food Costs Flummox

Article at The Street.com by Suzanne Barlyn

 Excerpt for the article: Food prices are igniting riots in developing countries — and quietly claiming a chunk of my family’s bottom line. Record rice and wheat prices were clearly reflected in my family’s recent $350 grocery bill for mostly grain-based and dairy products. The continuing global agricultural crisis has obviously ensnared my local community and probably many others.

Inflation Calculators –

A few examples of the may available on the web

Still more!

Contact Us

You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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Episode 6 Entrepreneurship is “Nifty” aka NFTE -Interview with Dan Rabuzzi

July 01, 2008 By: admin Category: bank accounts, budgets, calculators, Dan Rabuzzi, Educational programs, globalization, interviews, loans, resources, student outcomes 1 Comment →


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Kathy and Mark share insights and resources on the topic of using entrepreneurship as a focus for student financial literacy. The centerpiece of this episode is Part 1 of an interview with Dan Rabuzzi NFTE, national program director for NFTE (The National Foundation for Teaching Entrepreneurship). This compelling interview provides valuable insight into the power of using this model with students as they take the CEO seat and realize the details and reality of finance. In our changing world careers are very different and many students will in fact be small business managers, consultants or CEOs. Therefore this knowledge and exposure needs to expanded beyond our business classes and CTE programs solely. NFTE is a great model of a program that works.Added to this exciting interview, Mark and Kathy also provide an article to kick off the episode and  new media resources which will help your students dialogue with others on the topic of financial literacy and entrepreneurship. Growing their global perspective, building their understanding of personal finance, enabling students to create content- all empowering principles for our classrooms.

 

Join us for this exciting episode as we explore the global realm

of personal finance for financial literacy education.

Lead News Article

“Students learn to create, not find, jobs”

http://www.cnn.com/2003/EDUCATION/02/14/student.entrepreneur.ap/index.html

Report: Many Indiana students poorly prepared to manage money
Six of ten Indiana high-school students failed a national money-management survey, and about the same number say they learned everything they know about the topic at home, according to a new Indiana Youth Institute report. Schools would do well to instruct students on money management, helping them to distinguish between wants and needs and the proper use of debit cards, said Lena Yarian, president of Junior Achievement of Northern Indiana. The Journal Gazette (Fort Wayne, Ind.) (6/2)

Resources

Young Entrepreneur

Discussion forums for younger entrepreneurs http://www.youngentrepreneur.com/

and BLOG http://www.youngentrepreneur.com/blog/

Retire at 21

http://www.retireat21.com/top-young-entrepreneurs/

Contact Us

You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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Episode 5: The Landscape of Financial Literacy Education – A View from ‘The Fed’

June 27, 2008 By: drkpking Category: bank accounts, budgets, curriculum, games, interviews, Llyod Bromberg, loans, mortgages, resources No Comments →

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Federal Reserve Bank of NY EducationWe are pleased to bring the 2nd half of the the interview with Lloyd Bromberg, Director of Education Services, Federal Reserve Bank of New York, to our Talking Fin Lit listeners! Mark and Kathy discuss the interview high points and specifics regarding the resources which are mentioned.

Mr. Lloyd Bromberg discusses the program which his federal reserve Education program is offering to NYC students and replicating in Puerto Rico. Resources including a 3 part program which also has online curriculum available. The discussion also includes whether such a program should be mandated in all schools and discuss the pros and cons given the demands schools have on them already and yet the importance of inclusion in a mandated program.

Articles & Items:
1. Article:  Pupils learn what counts (Fredericksburg.com)

“Most third-graders know two things about money: you need it to buy a Wii, and it doesn’t grow on trees.
While those are important things to understand, they don’t really capture the complexities of a financial world that can baffle the brightest business school student, and they certainly don’t prepare a youngster for the challenges that await them after graduation….”
2. Map of Federal Reserve Districts
www.federalreserve.gov/otherfrb.htm

3.  Federal Reserve Bank of San Francisco (District 12)
http://www.frbsf.org/

A sampler of educational resources from District 12

Reminder about the ISTE NECC MEET-UP! 

  • June 30, 2008- San Antonio, TX
  • You are invited!otter-logo
  • Raffle prizes from Otterbox for iPods and iPhones
  • Learning and networking opps- even be part of a podcast
  • You are invited! Read more…


Contact Us

You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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Episode 4 Words from the W!SE: Interview with Phyllis Frankfort

June 24, 2008 By: admin Category: budgets, credit scores, curriculum, Educational programs, globalization, interviews, loans, Phyllis Frankfort, resources, student outcomes, teacher perspectives No Comments →

Interview with Phyllis Frankfort

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Reflections on Mark’s interview with Phyllis Frankfort, founder and director of W!SE ( http://www.wise-ny.org ) a pioneering and powerful organization for financial literacy education. Under her leadership W!SE programs reach more than 20,000 students each year including the development of a financial literacy certification. Join us as we hear the inspiring story of how she conceived, developed, and launched this program which has made a great impact in financial literacy education in schools.

wiselogo

Working In Support of Education (w!se) is an educational nonprofit dedicated to providing educational support services nationwide, building financial literacy, fostering business and social entrepreneurship, and preparing students for college and the global workplace.

The w!se family of innovative programs positively affects the lives of young people and improves the quality of education. w!se inspires young people to dream and prepare for their future, equips them with the tools and life skills they need to achieve their full potential, and encourages them to make good choices.

w!se serves urban secondary school students in low-to-moderate-income areas. Extensive partnerships with schools and the private sector and a reputation for sustainable programs with measurable results have made w!se a leader in the educational community.

ISTE NECC 2008 MEETUP for TTPOD Reminder about the ISTE NECC MEET-UP!

  • June 30, 2008- San Antonio, TX
  • You are invited!
  • Raffle prizes from Otterbox for iPods and iPhones
  • Learning and networking opps- even be part of a podcast
  • You are invited! Read more…


Contact Us

You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

CLICK TO {{{ LISTEN }}}


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Episode 3: Reality Check in Financial Literacy!

June 10, 2008 By: drkpking Category: bank accounts, budgets, calculators, cost of living, curriculum, Educational programs, games, globalization, introduction, loans, mortgages, resources, teacher perspectives No Comments →

Online Resources for Classroom Use AND

Materials that Will Assist Learners See Financial Realities

CLICK to {{{ LISTEN }}}


How often are you looking for resources to make your math classes, social studies, global studies, history or economics classes relevant and interesting! We have found the resources for you. Featuring online resources such as Jump$tart’s Reality Check, Choice Nerd’s Budget tools, CNN Money’s calculators and also inflation calculators cost of living calculators, and credit card calculators to use as powerful ready-made tools for teaching and learning.
ISTE NECC 2008 MEETUP for TTPOD
Special, Stunning Announcement about the ISTE NECC MEET-UP!

  • June 30, 2008- San Antonio, TX
  • You are invited!
  • Raffle prizes from Otterbox for iPods and iPhones
  • Learning and networking opps- even be part of a podcast
  • You are invited! Read more…

Articles & Items for this Episode of

Talking Fin Lit

1. Article: School promotes financial literacy (dailyillini.com – The Associated Press)

2. Highlighted Resource – Jumpstart’s Reality Check (Jumpstart Coalition) http://www.jumpstart.org/realitycheck/pgv_money_rc_main.html

“Okay…we’re not going to bore you with a lot of details here. Simply put: we want you to imagine how you want to live once you’re on your own. What kind of car are you going to buy? Where are you going to live? Do you love to go to the movies or to the clubs every weekend? Remember, it’s your life, you can do whatever you want…or can you?

Imagine the possibilities…then take our simple test. Fill in your choices and then get ready for a reality check! Chances are you’ll be surprised by how much your so called “Dream Life” is going to cost you…”

Additional Online Resources:

More types of interactive calculators than you can imagine! Listen in as we explore just a few of the ways you may teach a variety of content lessons with learners of all ages.

  1. Sample budget (online) from Choice Nerd
  2. Cost of Living Calculators from CNN Money.com

a) How far will my salary go in another city? http://cgi.money.cnn.com/tools/costofliving/costofliving.html also – http://www.bankrate.com/brm/movecalc.asp

b) Ideal Budget”You only have so much money — make sure you’re spending it in the right places.” http://cgi.money.cnn.com/tools/budget101/budget_101.jsp

c) Salary Wizard http://salary.money.cnn.com/salarywizard/layoutscripts/swzl_newsearch.asp

Contact Us

You may contact Mark and Kathy by

Podcast Feed:

Our podcast feed is: http://feeds.feedburner.com/talkingfinlit


Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.

  • (C) Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

CLICK TO {{{ LISTEN }}}

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Episode 1: Welcome & Scoping Out the World of Financial Literacy

April 18, 2008 By: admin Category: bank accounts, bankruptcy, budgets, credit scores, curriculum, loans, resources 1 Comment →

Financial Literacy is Mission Critical Lifelong Learning

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Welcome to the series! Our first episode provides an introduction to the new world of Financial Literacy. Talking Financial Literacy is a global discussion dealing with educational needs emerging from the ever changing world of personal finance. Co-hosted by Mark Gura and Dr. Kathleen P. King (Kathy) this new series provides professional development and resources for educators, students and lifelong learners. Finding our way to and through the impressive amount of material on this subject, this 24 episode series will be both a report and an investigation.

Defining Financial Literacy
A continuing theme… let’s begin with a definition from Wikipedia http://en.wikipedia.org/wiki/Financial_literacy
Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programs in countries including Australia, Japan, the United States and the UK. …”

We will be looking for academic standards in Financial Literacy as the series progresses.

Financial Literacy is not simply enhanced by technology,
but the use of tech in this area is essential!

Be heard! Email us podcast@talkingfinlit.org

  • Send us an email to introduce yourself!
  • Send us your feedback or your financial literacy in education topics!

Headlines

(The Need for the Population to be MORE Financially Literate)

We will be probing the state of financial literacy in schools


Financial Literacy (Education Specific) Headlines

Contact Us
You may contact Mark and Kathy by

Podcast Feed:

http://www.talkingfinlit.org/feed.xml



Talking Financial Literacy is produced in collaboration among the MS in Adult Education and HRD at Fordham University and The McGraw-Hill Companies.
© Talking Financial Literacy is copyrighted by The McGraw-Hill Companies, 2008. All rights reserved.

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