From his first job delivering newspapers to assorted "side hustles" he had in high school and college, Lothar Konietzo learned early on the value of saving money. I became aware of Lothar's work as he was recently recognized by VISA as an Innovative Educator. You will enjoy hearing about the creative activities he has developed to engage his students. These include using sneaker culture to teach entrepreneurship and how he has adapted the stock market game to teach the importance of long-term investing. Enjoy!
Details: 0:00~0:56 - Introduction 0:56~2:47 - Background and passion for personal finance 2:47~3:55 - Bringing economics to life 3:55~5:33 - Lessons learned from parents 5:33~8:18 - First job 8:18~13:15 - Sneakers in the classroom 13:15~18:00 - Surprises for the students 18:00~22:35 - Lothar's adaptation of the Stock Market Game 22:35~22:48 - How he teaches index funds 22:48~28:06 - The unifying thread for his economics course 28:06~28:24 - A word from our sponsor, Next Gen Personal Finance 28:24~31:50 - Best thing he has bought under $10 31:50~33:02 - Favorite online resources 33:02~33:28 - Book recommendation 33:28~34:35 - Weekly text to former students 34:35~36:19 - Conclusion Resources: Online resource: Google Finance Favorite books: Personal Finance for Dummies Investing for Dummies
Author, Eric Tyson was guest on the NGPF Podcast Favorite investment: 1984 Topps Don Mattingly New York Yankees Baseball Card Notable Quotes: "I learned the value of putting money aside growing up with my mom... My dad was conservative with money and he always saved money for a rainy day. These are clichés but they are really important clichés".
