Talking Fin Lit

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

Ep 21 Banks Rule

January 17, 2009 By: admin Category: bank accounts, bankruptcy, budgets, calculators, charity, cost of living, games, investments, loans, mortgages, resources, student outcomes, teacher perspectives No Comments →


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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
  • Regulators Shutter Silver State Bank
    • Published: September 6, 2008 9:26 p.m.
  • Agency’s Head Expects Banking’s Crisis to Worsen
    • Published: August 26, 2008
  • SEC Resource
    • Tips for Teaching Students About Investments
    • Website: http://www.sec.gov/investor/students/tips.htm
  • Kidsbank.com
  • TOY ATM Machines
    • Children’s Touchscreen ATM Bank, Hammacher Schlemmer 
  • Preschool level Toy register ( ages 3-7 yrs)
  •  Toy Cash Register

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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 – 2009. All rights reserved.

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Ep 20 The Tax Person Cometh

January 10, 2009 By: admin Category: bank accounts, budgets, business, calculators, charity, cost of living, giving, globalization, investments, loans, mortgages, resources, taxes, teacher perspectives No Comments →


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  calculations

Mark and Kathy discover an undeveloped territory of urgent need in financial literacy- taxes. Of course we all know we have to come with taxes, but there are few resources available to integrate this real life need into financial literacy settings cross curriculum. Currently, the field is wide open for innovation and new developments here!

— Relevant  — Real-Life  –  Interdisciplinary —

tax1040   Lifelong Learning  — 21st Century Living

  — Motivation  Intergenerational

 

From planning for college, to tax savings via charitable giving,  and  medical flex accounts, it is amazing how much people of all ages might be missing opportunities for valuable and vital learning and savings. Join your Talking Financial Literacy co-hosts, Kathy and Mark, for another  exciting discussion as they explore the few resources which ARE available and spin the connections that need to be created.

Resources discussed in this episode:

The Money Instructor

Canadian Example of curriculum

Calculators and Widgets from HR Block   

Teaching Your Child About Income Taxes

Federal Bank of New York

Turbotax Digits

Digits- Tips and Podcast  

About.com

Additional Resources for this Episode

 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.  Check out the stuff on the bottom of the following url  http://www.irs.gov/app/understandingTaxes/teacher/whys.jsp

 Submitted by listener and teacher

John Kalnberg,  teacher, Sage Day School, Rochelle Park, NJ.

 


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, 2008-2009. All rights reserved.

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Ep 17 Cultivating Digital Consumers

December 20, 2008 By: admin Category: bank accounts, budgets, business, investments, loans, resources, teacher perspectives No Comments →


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The Mouse rules! This episode reveals the hidden financial POWER that young people and all Internet users have today in an exciting discussion between Dr. Kathy King and Mark Gura. They explore how students, young adults and all Internet users have tremendous power charting and shaping the decisions of big business, research and development decisions, and marketing efforts across the globe. Better understanding the students we work with in k-12 and also adult learners, helps us to better address and meet their financial literacy needs. In addition, we can demonstrate to them how much financial POWER they have in each mouse click, and that their age group- whatever it is– has great power and importance to the business world. What a fantastic basis for realizing their roles and need to be critical consumers and demand what they want. Drawing upon several outstanding recent articles about digital technology and teenager habits and brain development, Kathy and Mark further synthesize the major books which have contributed to our better understanding of the impact of users and the Internet on finance through business today.

RESOURCES

ARTICLES

Scientists: Is Technology Rewiring Our Brains? 12/4/08

How Digital Technology has Changed the Brain, Tapscott’s Viewpoint article

BOOKS- BEST PICKS on this topic!

Click What Millions of People ar Doing Online and Why It Matters  by  Tancer Amazon link 

Wikinomics by Tapscott and Williams Amazon link

Grown Up Digital, How the Net is Changing Your World (2008) by Tapscott Amazon Link

As the Future Catches You, by  Enriquez  Amazon link

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 16 Indy Kids -Learning Personal Finance from Global News

December 16, 2008 By: admin Category: business, calculators, cost of living, curriculum, Educational programs, globalization, loans, resources, student outcomes, teacher perspectives 30 Comments →



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One-Of-A-Kind Episode!  indykidsJoin us for a one-of-a-kind episode: creating meaningful financial literacy lessons from the global news. Mark finds terrific resources for building creative and powerful lessons about global economics and world hunger through youth based materials, news articles and video reports on the web. Listen in for the compelling experience of a 21st century teacher developing meaning and learning experiences.This is a vibrant illustration of how educators can incorporate critical current events, financial literacy and digital media into active classroom activities. Join us for a journey into what drives food markets, food shortages and pricing. A truly interdisciplinary lesson = literacy, social studies, politics, economics, ethics, values, social responsibility.. oh yes financial literacy!

Resources and Articles

Food Prices
• Hunger & Riots as Food Prices Soar (cover story)

“Riots, instability spread as food prices skyrocket” (article)

• Why Does Food Cost More? Article North Coast Journal

• Rising food prices take a bigger paycheck bite:

Speculation

• “Speculation and World Food Markets”

Free Trade

• Free Trade Leaves World Food in Grip of Global Giants

• Hoarding Nations Drive Food Costs Ever Higher

Bio Fuels

• AS GLOBAL FOOD COSTS RISE, ARE BIOFUELS TO BLAME?

Hardy Plant May Ease Biofuels’ Burden on Food Costs

Jatropha -

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 15 Get Your Finances Ready for Retirement

December 12, 2008 By: admin Category: bank accounts, budgets, calculators, cost of living, investments, loans, mortgages, resources, retirement, student outcomes, teacher perspectives No Comments →


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NesteggIn this episode, Get Your Finances Ready for Retirement, Mark and Kathy provide a bevy of resources to expand your personal financial literacy and begin to break through the fear of retirement planning. Resources include reports about the needs for diversified retirement funds, planning for retirement, and how to calculate what is needed to live well in retirement.

Most financial planners will tell you that Social Security will not be sufficient for your retirement needs.

How is your nest egg?          How will you fund your glory days?

And for teachers, this topic becomes another prime opportunity to open new patterns of communication, place math, government, health and policy issues in real-life contexts, and provide a platform for family dialogue and skill building.

Join us for the discussion about the concerns for retirement, the need and the possibilities for learning. Free online resources never made it so easy to break-through financial barriers. Resources include retirement handbooks, calculators and discussions about alternate retirement income sources.

 We emphasize to our listeners, and readers, that we are NOT financial experts; our goal in this series to introduce resources, cast a view of financial literacy as personal financial literacy, and provide free resources for educators.

These episodes are not intended to provide financial advice or counsel. Please consult a certified financial planner who specializes in retirement 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 will consider ourselves immensely successful! Thank you!

Resources

PBS Special Report: Retirement

Nightly Business Report – ARCHIVE Report

Retirement Planning Calculators(s):

- AARP Retirement Calculator

- Article on these calculators with links From USA Today

- Article with somewhat opposing view Marketwatch article

Reverse Mortgage Information for Seniors

http://www.letyourhomepayyou.com/

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 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/

 

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 11 SimBusiness- Free Biz Sims to Learn Financial Literacy!

September 27, 2008 By: admin Category: business, entrepreneurship, games, resources, teacher perspectives 1 Comment →

The emergence of simulations has taken the game industry by storm, but having fun while learning to be a CEO and become adept at financial literacy?
This isn’t our traditional school days! Instead, media companies have developed accurate, compelling simulation games which put learners(of all ages) into the director’s chair as they guide their company to success.

Johnny Money Game

  • Will they make the right decisions?
  • OR will they be swayed by false information, incorrect projections or allegiances?

Kathy and Mark provide another riveting episode of Talking Financial Literacy in which they tour several of the best online games related to financial literacy learning.

Listen in for abundant resources, perspectives on critical thinking and constructivism all to continue our quest for developing better understanding and practice in personal finance. You will discover

• Several free online video games which teach entrepreneurship through virtual reality simulations
•  Educators’ inside looks at ease of setup, use, application and benefits of these programs.

Article
• From Entrepreneur.com

“Game Plans”

A very different use of games for “financial learning” File under Innovative Thinking

“Now Bellevue, Washington-based SimplyFun offers its own line of games, puzzles, puppets and other family activities. The exclusivity of the products is essential to direct-sales success, according to Molen and DeGiulio, because the products don’t have to compete with any others and the consultants don’t have to compete with retail stores. “We want to make it easy for the consultants to be successful,” says DeGiulio. To that end, they provide training in person, online, by video and through conference calls; choose not to charge their consultants for their website or require them to keep any inventory; and offer incentives to encourage their consultants to reach certain goals.

But they also realize that attracting and keeping consultants is about more than just money and rewards. “For your consultants to be excited and passionate about what you’re doing, they have to feel attached and connected to your mission,” says Molen. “Our mission is to promote play and get people to laugh, create memories and connect through face-to-face fun.” Guided by that mission, they have signed more than 1,000 consultants in 45 states, and the company saw 60 percent growth last year.”

Resources

  • Johnny Money Financial Simulation - website and game
  • From NIFB website: “Now available from the NFIB Young Entrepreneur Foundation, Johnny Money Online Game is a FREE Internet-based small business simulation game that engages students as they explore the risks and rewards of business ownership. Johnny Money is the newest of the Entrepreneur-in-the-Classroom programs, which are designed to enable educators to talk about entrepreneurship in their classrooms.

    Goals/Objectives: Students will be able to:
    * Utilize experiential learning as a tool to aid in retention of entrepreneurial concepts
    * Create, maintain, analyze and influence the essential factors in a successful virtual small business
    * Experience, engage and interact with entrepreneurial decisions and events in a virtual setting”

  • Industry Masters Online Simulation- YouTube video
  • Industry Masters Online Simulation- also watch this one !
  • JA Titan Simulation – website and game     JR Achievement Titan Game
  • Set in the year 2035, JA Titan creates a world in which players are CEOs of their own companies. Originally conceived in the 1980s as the Management and Economic Simulation Exercise, or MESE, JA Titan is a widely recognized business simulation for high school students. During game play, students must run a manufacturing company and master six key business decisions: price of product, production levels, marketing expenses, research and development costs, capital investment level, and charitable giving. Various corporate assistants “help” the player through each phase, or “quarter,” of game play. In 2000, JA Worldwide™ (Junior Achievement) launched JA Titan under its current name as a Web-based product. ….

    Success in JA Titan is measured by a “Performance Index,” an evaluation of each fictional company’s performance based on the following:
    * Retained Earnings (50%)
    * Supply and Demand Potential (20%)
    * Productivity (10%)
    * Market Share (10%)
    * Growth (10%)

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 8 Talking Fin Lit – The Inside Story

September 17, 2008 By: admin Category: calculators, curriculum, globalization, interviews, introduction, mortgages, resources, teacher perspectives No Comments →


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Talking Fin Lit Meets Transformation Ed LIVE! 

This is a very  special – cross-country feature in order to bring you “the inside scoop” about your favorite personal financial literacy podcast.
The tables get turned and Mark and Kathy are interview by another podcaster! This episode provides the inside story on what is Talking Financial Literacy Podcast and how it came about? Just what exactly makes this series tick?TE LIVE! Podcast Hosts Paige Eissinger of Transformation Education LIVE! asks pressing and curious questions about the Talking Fin Lit Series.Topics range from living on your credit line for necessities, to faulty mortgage lending possibilities, students targets for  credit card companies, and how BIG is financial literacy in our lives.

 Including the discussion, “When do we stop learning this topic?”

We are students of financial literacy for the rest of our lives.

Whether we want to be or not.

 Mark Gura

The Magical Math of A Virtual Interview:

3 Hosts + 1 Interviewer + 2 Interviewees + 2 Two Podcasts =

Resources, Info and Fun

All in the form of the  “Inside Scoop on Talking Fin Lit!”

RESOURCES

  • Transformation Education LIVE!
    • www.transformationed.com/podcast
    • Series focused on technology, daily live and transforamtion! This podcast is developed and produced by Paige and Kathy on a bi-weekly basis.
    • It is very unique in that you can call-in or join the chat room to participated during the show’s live recording.
    • Details at the website
  • The Teacher’s Podcast
    • www.teacherspodcast.org
    • A professional development podcast for teachers across content ares. This is Mark and Kathy’s flagship series where it all started in 2005.
    • Topics range from web resources, critical educational news items, interviews and curriculum ideas.GetCalculator-logo
    • We are on our 2nd generation of this series with a cumulative 138 episodes
    • Details at the website.

  • Mortgage Calculators

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

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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.

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