Show 45 -Reflecting on the Year

This is the last episode of season 1 of the Teacher Money Show. We’ll come back to it in the Fall when school starts up again. To wrap up this season I’m sharing someone of my favorite episodes and the key take aways I get from those episodes. Here are some of my thoughts.

Key Ideas

• It is vital to take control of your finances by increasing your income (be creative about it)

• Being prepared for retirement means you have a plan, don’t just assume the pension is enough or that you’ll be able to figure it out later.

• Anything is possible, even on just a teacher’s salary, if you put your mind to it you can find the way.

Show Notes

Bre Thompson Episode 4 - Have as many income streams as possible

Daniel Villareal 6 - There are no excuses because there are so many opportunities to teach English

Joanne Kaminski 9 - The income potential is almost limitless for online tutors.

Guin Geyer 10 - Think outside the box. Why don’t you start a business in Hondorus?

Erica Terry 13 - You can get your kids involved, teach them skills, and get tax breaks along the way!

Hillary Gale 29 - Freelancing or owning a business isn’t “unstable”

Retirement Planning

Mrs. Black - Have a plan: Episode 16, Episode 21, Episode 25

Gerry Born 17 - The 457b is a powerful tool for wealth generation

Emily 23 - A pension, like social security, is a base, not a full retirement.

Dan Otter 39 - Beware of the 403b (use 403bwise.org)

Andrew Sather 43 - Stewardship

Other Favorites

Benita Gordon 14 - I loved our discussion of PODs and Micro-schools. If you don’t like your school environment, make your own school!

David Delisle 18 - The awesome stuff!

Justin and Haley Brown-Woods 26 - Super inspirational story for getting out of debt

Andrew Paulsen 27 - Master class is student loan debt

HSA discussion 33 - If you aren’t using an HSA, why not?

Ray Tran 44 - Super inspirational story on building wealth as a teacher