Financial Literacy - Episode 579
Description
Dive into The Prosperity Podcast as financial expert Kim Butler breaks down the art of true financial literacy! Discover why just picking stocks or cryptos isn’t enough and what schools often miss. Learn about practical tools like Truth Concepts calculators and how to teach kids real-world money skills through fun and engaging activities. Essential listening for anyone wanting to master their finances and impart valuable knowledge to the next generation!
Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity.
Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today!
Do you have a question you would like answered on the show? Please send it to us at hello@prosperitythinkers.com and we may answer it in an upcoming episode.
Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
- https://prosperitythinkers.dinnertable.com/
- https://prosperitythinkers.com/action/
- https://www.youtube.com/@KimDHButler
- www.truthconcepts.com
Show Notes
- High school misconceptions about financial literacy.
- Young adults equating financial literacy to picking cryptocurrency.
- Time value of money explained.
- The inadequacy of basic calculators for financial calculations.
- Teacher competency in financial literacy.
- The influence of financial institutions on education.
- Importance of financial competency.
- Hands-on approach: Teaching kids about income and expenses.
- Practical lessons – grocery shopping as a financial exercise.
- Cashflow lessons for kids.
- Earning and spending – learning the value of money through chores and gigs.
- Differentiating good and bad debt.
- Leveraging cash flow and understanding different types of debt.
- Human leverage – outsourcing tasks.
Special Listener Gift
Free eBook: Activating Your Prosperity Guide.
Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead!
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