Yes, Teachers Can Be Financially Fit

Tawni Hunt Ferrarini (), M. Scott Niederjohn, Mark C. Schug and William Wood
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Tawni Hunt Ferrarini: Lindenwood University
M. Scott Niederjohn: Lakeland University
Mark C. Schug: University of Wisconsin–Milwaukee

Chapter 1 in Teachers Can Be Financially Fit, 2021, pp 1-7 from Springer

Abstract: Abstract Makayla did what? The small audience in the law firm’s conference room learned that this 40-year veteran high school chemistry teacher had left $1.2 million in her will to a local clinic. She had never worked outside of education and she had moved to a sunny coast after retiring. Makayla’s financial success was not built on chasing after money. Rather, she made good decisions while concentrating more on her students than on her investment accounts. This chapter begins by exploring the relationships between money and happiness. It shows teachers what they should look for in a financial adviser. It introduces the financial scorecard called “net worth” – the value of all that someone owns minus the value of whatever is owed. Attitude is important in financial success and this chapter sets the tone for the rest of the book: Teachers can be financially fit.

Keywords: Financial success; Teachers; Financial advisor; Net worth; Financial well-being; Financial planning (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-49356-1_1

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DOI: 10.1007/978-3-030-49356-1_1

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