Thanks to Charles Kafoglis of Incarnate Word in Houston, Texas for sharing his insights recently on the NGPF podcast. I got to know Charles through his participation in our Summer Institute in 2016. I saw firsthand his passion for financial education and have enjoyed our ongoing dialogue about different approaches to teaching investing. In this podcast, Charles shares the four key principles that serve as the foundation for his personal finance course as well as how his course ties into the leadership program at his high school. Finally, he will share how he sets the tone for his course early in the semester and the resources he relies upon to do that. Enjoy!

Details:

• 0:00~1:15 – Introduction
• 1:15~2:43 – Charles’s teaching role at Incarnate Word in Houston
• 2:43~3:46 – Charles’s previous role in the private sector
• 3:46~6:19 – Tying personal finance into the leadership department
• 6:19~8:51 – ‘Understanding the game’
• 8:51~10:35 – Use of simulations so students learn how to make decisions when there are a multitude of choices
• 10:35~11:20 – Types of students in his classroom
• 11:20~14:53 – Standing up to targeted marketing
• 14:53~25:18 – Four key principles
• 25:18~27:10  – Fitting the four principles into a public school setting
• 27:10~27:38 – A word from our sponsor, Next Gen Personal Finance
• 27:38~29:19 – What is servant leadership?
• 29:19~32:09 – Example of servant leaders
• 32:09~36:52 – Approach to starting class
• 36:52~38:57 – Teaching consumerism
• 38:57~41:29 – Addressing student debt
• 41:29~43:50 – Surprising moments for students
• 43:50~47:06 – Teaching young women about investments
• 47:06~50:36 – Teaching investing
• 50:36~52:56 – Resource recommendations
• 52:56~54:09 – Conclusion

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.