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Entrepreneurial Mindset for Transformative Education with Stephen Carter
Thinking like an entrepreneur leads to more success in life--growth mindset, grit, redefining failure, and opportunity seeking are core attributes of this way of thinking that leads to radical transformation for ALL learners. This podcast is designed for leaders and educators in K-12 schools who are interested in the transformative power of engaging students with hands-on, innovative experiences that provide practical training for success in life.
Entrepreneurial Mindset for Transformative Education with Stephen Carter
Teach Them About Money: Financial Literacy and the Entrepreneurial Mindset
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