Overview
- Offers common sense advice to educators looking to build good financial habits
- Shows how educators can take advantage of their profession's distinctive characteristics to succeed financially
- Illustrates how teachers can adapt budgeting, saving, investing and similar techniques to their specific situations in order to live happier and be more financially secure
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About this book
This book uses relatable case studies to dispense practical financial advice to educators. Written by an expert team of four award-winning economics educators, the book provides an engaging narrative specifically designed for teachers and their unique financial needs.
Educators are attracted to the teaching profession for numerous reasons. Prospective teachers enter the profession believing it offers a certain level of job security and good benefits, usually including a defined-benefit, state-funded pension. But things are changing. Pensions vary widely from state to state and even within school districts. Many private schools do not offer even basic 403(b) saving plans and, when they do, they are often not very generous. Much the same can be said of many charter schools and private colleges and universities.
The book consists of fourteen chapters covering a comprehensive group of topics specifically curated for educators teaching at the K-12 and university level, including saving for retirement, managing debt, investment strategies, and real estate. Each chapter begins with a case study of an educator in a specific financial situation, which sets the scene for the introduction and explanation of key concepts. The chapters include a Q&A section to address common questions and conclude with a “Financial 911” focusing on a financial emergency related to the chapter topic.Similar content being viewed by others
Keywords
Table of contents (14 chapters)
Authors and Affiliations
About the authors
M. Scott Niederjohn is Dean of the School of Business and Entrepreneurship and Charlotte and Walter Kohler Charitable Trust Professor of Economics at Lakeland University in Sheboygan, Wisconsin (US). Professor Niederjohn is also the Director of Lakeland’s Center for Economic Education.
Mark C. Schug is Professor Emeritus at the University of Wisconsin-Milwaukee (US), where he directed the Center for Economic Education. He has received national awards for leadership and research in economic education from the Council on Economic Education and for service from the Association of Private Enterprise Education.
William C. Wood is Head of Department of Economics and Director of the Center for Economic Education at James Madison University (US). Wood was the recipient of multiple teaching awards, including the top research award given by the National Association of Economic Educators, the Henry H. Villard Award.
Bibliographic Information
Book Title: Teachers Can Be Financially Fit
Book Subtitle: Economists’ Advice for Educators
Authors: Tawni Hunt Ferrarini, M. Scott Niederjohn, Mark C. Schug, William C. Wood
DOI: https://doi.org/10.1007/978-3-030-49356-1
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Softcover ISBN: 978-3-030-49355-4Published: 12 August 2020
eBook ISBN: 978-3-030-49356-1Published: 11 August 2020
Edition Number: 1
Number of Pages: XVII, 177
Number of Illustrations: 2 b/w illustrations, 1 illustrations in colour
Topics: Personal Finance/Wealth Management/Pension Planning, Risk Management, Popular Science in Finance, Popular Science in Economics, Teaching and Teacher Education