Article: What Are Your Family's Money Values?
Hat tip to Tony Montgomery of City As School High School (New York, NY) and 2016 NGPF Fellow for pointing us to this WaPo article about a family with 13 children and how they are able to manage financially (and retire early!). Here are a few questions for your students to ponder as they read this longer-form article:
- What are 2-3 strategies that this family utilizes that they could apply in their lives?
- What are 2-3 strategies that would be difficult for them to implement?
- How would you describe this family’s “money values?”
- If you could ask the kids one question that you have after reading this article, what would it be?
________
Looking for an ethical quandary to challenge your students? Listen to this audio resource about L.L. Bean’s Refund Policy.
About the Author
Tim Ranzetta
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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