Audio Resource: Financial Advice from Jonathan Clements of WSJ
I have been a fan of Jonathan Clements, a personal finance columnist for the WSJ, for some time. He provides some good financial tidbits that your students will benefit from in this interview he gave in late December. Rather than listen to the whole interview, here are the key insights (I have provided start and stop times from the interview):
- 8:00 – 11:00: Four step approach that investors can use to create a portfolio. Discusses the challenge of so many investment choices and how to overcome it.
- 11:00 – 12:15: Why he is a fan of indexing when it comes to investing
- 15:10 – 18:20: Takes a contrarian view of budgeting and discusses what really matters when it comes to spending and saving.
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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