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Read NGPF's school-by-school analysis of financial education in America today
Activities
Advocacy
Behavioral Economics
Best Of
Budgeting
Buying a Car
Career
Checking
Consumer Skills
Credit
Cryptocurrencies
Current Events
Curriculum Announcements
Economics
Entrepreneurship
Edpuzzle
ELL Resources
FinCap Friday
Gambling and Sports Betting
Insurance
Interactive
Investing
Math
Paying for College
Philanthropy
Podcasts
Press Releases
Professional Development
Question of the Day
Savings
So Expensive Series
Taxes
Teacher Talk
I thought you would enjoy this Meg Faber podcast while you were on one of those long summer drives with your family. It could lead to some great conversation too! Lots of thought-provoking wisdom from Elizabeth Dunn, co-author of the 2014 best-seller Happy Money: The Science of Happier Spending. In the podcast, she discusses new research into behavioral finance that she summarizes into five core principles that may make you think differently about how money can “buy” happiness:
One of the best Meb Faber quotes that resonated with me was, “Show me your bank account transactions and your calendar and I will tell you what your priorities are.” Both time and money are limited resources in our lives. We better think intentionally about how we are using them to ensure that they match what we are hoping to accomplish in our lives.”
Happy Memorial Day weekend!
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If you liked this podcast, you might also enjoy this NGPF podcast with Berkeley’s behavioral finance professor Terry Odean who will describe how to overcome our behavioral tics to be a better investor.
We Are #7, We Are #7, We Are #7: When Is the U.S. Going to Commit To Financial Education?
What I'm Reading This Memorial Day Weekend
Question of the Day: Where do most young adults say they learn about personal finance?
Question of the Day: How long does the average user spend on TikTok a day?
Question of the Day: What are the top five gifts consumers plan to give for Valentine's Day?
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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