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.