Welcome to The Teacher Money Show, hosted by Shaun Morgan, a personal financial coach and full-time teacher dedicated to helping educators overcome their unique financial challenges. In this episode, Shaun sits down with Stacy Mastrolia from Prof Stacy the Money Teacher to discuss how to gamify your education for financial literacy.
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https://www.teachermoneyshow.com/show37
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Stacy shares her insights on using challenges to stay on track financially, such as keeping spending journals or using only cash. These challenges help individuals understand their habits and focus on their goals, leading to small changes that result in significant financial progress over time.
Shaun and Stacy also delve into the importance of getting hands-on experience with personal finance. Stacy emphasizes the difference between book knowledge and real-life application, designing exercises that allow students to apply their learning and develop skills like collaboration. Experiencing financial outcomes firsthand helps solidify lessons about markets and emotional money relationships.
Additionally, Stacy advises balancing long-term financial goals, like retirement dreams, with enjoying life in the present. While it's essential to plan for the future, teachers should also live fully in the moment with their families. Finding this balance leads to richer lives at every stage.
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