This book uses relatable case studies to dispense practical financial advice to educators. Written by an expert team of four award-winning economics educators, the book provides an engaging narrative specifically designed for teachers and their unique financial needs.
Educators are attracted to the teaching profession for numerous reasons. Prospective teachers enter the profession believing it offers a certain level of job security and good benefits, usually including a defined-benefit, state-funded pension. But things are changing. Pensions vary widely from state to state and even within school districts. Many private schools do not offer even basic 403(b) saving plans and, when they do, they are often not very generous. Much the same can be said of many charter schools and private colleges and universities.
The book consists of fourteen chapters covering a comprehensive group of topics specifically curated for educators teaching at the K-12 and university level, including saving for retirement, managing debt, investment strategies, and real estate. Each chapter begins with a case study of an educator in a specific financial situation, which sets the scene for the introduction and explanation of key concepts. The chapters include a Q&A section to address common questions and conclude with a “Financial 911” focusing on a financial emergency related to the chapter topic.Table des matières
Chapter 1: Yes, Teachers Can Be Financially Fit.- Chapter 2: Spending and Saving: A Guide for Teachers.- Chapter 3: Earning Extra Income.- Chapter 4: Teachers’ Wheels: Cars and Transportation.- Chapter 5: Walls and a Roof: Housing for Teachers.- Chapter 6: Managing Credit and Debt.- Chapter 7: Investment Basics for Teachers.- Chapter 8: Retirement for Public School Teachers.- Chapter 9: Saving for Retirement: Options for Charter and Private School Teachers.- Chapter 10: The Higher Education Connection.- Chapter 11: Educators and Insurance.- Chapter 12: Unconventional Risk Management.- Chapter 13: Teachers in a Market Economy.- Chapter 14. Don’t Keep It a Secret.
A propos de l’auteur
Tawni Hunt Ferrarini is the Robert W. Plaster Professor of Economic Education at Lindenwood University in Saint Charles, Missouri (US). She was the 2015 president of the National Association of Economic Educators and is the recipient of numerous awards, including the 2009 National Association of Economic Educators’ Technology Award.
M. Scott Niederjohn is Dean of the School of Business and Entrepreneurship and Charlotte and Walter Kohler Charitable Trust Professor of Economics at Lakeland University in Sheboygan, Wisconsin (US). Professor Niederjohn is also the Director of Lakeland’s Center for Economic Education.
Mark C. Schug is Professor Emeritus at the University of Wisconsin-Milwaukee (US), where he directed the Center for Economic Education. He has received national awards for leadership and research in economic education from the Council on Economic Education and for service from the Association of Private Enterprise Education.
William C. Wood is Head of Department of Economics and Director of the Center for Economic Education at James Madison University (US). Wood was the recipient of multiple teaching awards, including the top research award given by the National Association of Economic Educators, the Henry H. Villard Award.