Entrepreneurial Mindset for Transformative Education with Stephen Carter

Teach Them About Money: Financial Literacy and the Entrepreneurial Mindset

Stephen Carter

Let's face it - of all the things we CAN teach our students, one of the most practical is how to manage their money.

Poor management of money is a clear formula for anxiety, stress, and broken relationships. A strong sense of how to properly manage money, however, creates pathways and opportunities for success.

When we teach financial literacy from the perspective of the entrepreneurial mindset, we give students a clear of understanding of not only how money works, but how it can work FOR them.

This involves four steps:

1) Create a revenue stream

2) Have a spending plan

3) Have a savings/investing plan

4) Apply Compound Interest