Homeschool Financial Literacy Curriculum - Money, Central Banking and Inflation

Homeschool Financial Literacy Curriculum - Money, Central Banking and Inflation

In Season 2, Episode 2 of the Skillabration Podcast, Nikki reviews what money is and explains how money is a form of expression, which ultimately leads to financial freedom. As the lesson progresses, students will learn about the history of central banking in the US and the effect monetary policy has on inflation. Buckle up! This is quite the lecture. Grab the curriculum here: https://www.teacherspayteachers.com/Product/US-Monetary-Policy-and-How-It-Affects-Financial-Freedom-Homeschool-Curriculum-12494825 Grab the Financial Literacy Bundle Here: https://www.teacherspayteachers.com/Product/Homeschool-Financial-Literacy-Curriculum-12529441 Time Stamps 00:00 - Introduction 01:12 - Disclaimer to Parents 2:04 - Lesson Overview 2:52 - Recap of Lesson 1 3:35 - Warm-up Questions 4:14 - Money Is a Form of Expression 6:16 - How do people view money? 7:38 - Abraham Maslow - Hierarchy of Needs 9:08 - Envision your Future 9:44 - Money as Expression 12:02 - The Middle Class Is Shrinking 14:28 - Inflation 16:02 - Wages and Inflation 16:37 - Case Study: Americans' pay hasn't fully recovered from inflation. Will it ever? 21:27 - How Our Current System Hinders Us 22:42 - How can you attain the American Dream with this type of monetary policy? 23:10 - What's causing inflation? 24:13 - Inflation and Doing Good Research 24:28 - Central Banking 26:13 - Iterations of Central Banking 29:52 - Preparing for a Central Bank 30:46 - The Federal Reserve 1913-Present 31:48 - The Federal Government and The Federal Reserve 32:27 - My Research Findings 33:12 - Central Banking, Monetary Policy, and Economics 33:44 - What is quantitative easing? 37:23 - Don't trust the first answer Google gives you 37:40 - Connection Between Money Printing and Inflation 38:08 - Does Keynesian economics require money printing? 38:59 - Is quantitative easing printing money? 39:17 - My Research Findings Part 2 40:07 - Central Banking, Monetary Policy, and Economics Continued 40:17 - Is QE printing money? 43:13 - What happens with quantitative easing? 44:58 - Quantitative Tightening 45:18 - Summary/Conclusion 45:51 - What is one to do? 46:03 - Recipe for Success 48:08 - What will we be discussing next in Season 2 of the Skillabration Podcast? Resources The Hidden Cost of Money by Seb Bunney https://amzn.to/4029Ffj How 10 Influential Economists Changed America’s History, Investopedia https://www.investopedia.com/articles/07/economists.asp Economic Research: A QE Q&A: Everything You Ever Wanted To Know About Quantitative Easing Chief Global Economist and Head of Global Economics & Research: Paul J Sheard, New York https://www.hks.harvard.edu/sites/default/files/centers/mrcbg/files/PSheardQEQAAugust2014.pdf History of the Federal Reserve https://www.minneapolisfed.org/about-us/our-history/history-of-central-banking What Causes Inflation & Price Increases? https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp What is Quantitative Easing? https://www.investopedia.com/terms/q/quantitative-easing.asp Study: American pay hasn’t fully recovered from inflation. Will it ever? https://www.bankrate.com/banking/federal-reserve/wage-to-inflation-index/?tpt=b Inflation vs. wages: How rising prices stack up against growing pay https://www.nbcnews.com/business/economy/inflation-higher-biden-rising-pay-makes-rcna158569 Both Sides of the Ledger: Wage Growth Beating Price Growth Now for 15 Months in a Row https://www.whitehouse.gov/cea/written-materials/2024/06/12/both-sides-of-the-ledger-wage-growth-beating-price-growth-now-for-15-months-in-a-row/ Measuring Inflation Correctly with Peter St. Onge, PhD. https://x.com/profstonge/status/1846891411737596010

Homeschool Financial Literacy Curriculum for Kids - What is money? - Skillabration Podcast

If you've ever wondered why it's so hard to pay the bills and why so many people are in debt in the US, then you'll definitely want to listen in on Season 2 of the Skillabration Podcast. Time Stamps: Introduction - 00:00 Focus of Today's Episode: 00:31 Why Money Is One of My Favorite Topics: 01:10 What types of topics related to financial literacy will we share in season 2 of the Skillabration Podcast? - 01:32 Two Interviews with Other Experts in Financial Literacy - 02:49 How to Get The Best Out of This Podcast with Your Kids - 03:51 Beginning of Lecture What's your view on money? - 04:15 Two Types of Perspectives on Money - 04:31 Quote About Money Changes Everything by William Goetzmann - 04:51 The Book I'm Reading Now by Lyn Alden - 07:04 The History of Money - 07:11 Money as a Ledger - 07:22 Oral Ledgers - 07:33 Oldest Ledger in History - 08:31 Ancient Commodities: - 08:45 Modern Commodities - 09:11 Modern Money, Fiat Currency, Crypto Currency and the Gold Standard - 09:17 Keys to a Lasting Currency - 10:26 Why We Got Off The Gold Standard - 11:59 Could Bitcoin Be a Lasting Currency? - 13:00 Why It's Important to Do Your Own Research (Everyone Has a Bias!) - 13:19 Modern Example of Creating a Currency (Lyn Alden's Book)- 13:45 Conclusion Do we need money? - 16:30 Topics We'll Discuss This Season - 16:45 Outro - 17:50 Financial Literacy Curriculum - 18:01 This season we'll be discussing: Episode 1: What Is Money and How Does It Affect Us? Episode 2: Money and Our Economic System Today Episode 3: Austrian Economics vs. Keynesian Economics Episode 4: Capitalism vs. Socialism Episode 5: What Is Financial Literacy? - Personal Finance Episode 6: What Is Financial Literacy? - Budgeting Episode 7: What Is Financial Literacy? - Investing (Overview) Episode 8: Investing Part 2 (Important Terms & Resources) Episode 9: Entrepreneurship - Your Expertise, Product, or Service - Solving a Problem & Doing Market Research Episode 10: Entrepreneurship - Finance: Profit & Loss Episode 11: Entrepreneurship - Messaging, Marketing & Branding Episode 12: Entrepreneurship - Sales (No more cold calling - Networking) Episode 13 - Entrepreneurship - Human Resources Episode 14: Entrepreneurship - Operations #financialliteracy #financialliteracyforkids

Building an Online Skill Based School - Season 1 Ep. 13 - Skillabration Podcast

This is the last episode of season 1 of the Skillabration Podcast. In this episode, Nikki recaps the interviews we shared in season one and where we're headed for season 2. She also touches on what inspired her to found Skillabration and how she plans to integrate more skill-based classes at Skillabration. Connect with Skillabration: Get on our email list! We’d love to hear your suggestions for the podcast. https://skillbox.skillabration.com/p/skillabration-podcast-newsletter [https://skillbox.skillabration.com/p/skillabration-podcast-newsletter] Sign up for classes with our teachers here: www.skillabration.com [http://www.skillabration.com/] Connect with us on socials: youtube.com/@skillabration-school [http://youtube.com/@skillabration-school] https://www.facebook.com/skillabrationschool/ [https://www.facebook.com/skillabrationschool/] https://www.instagram.com/skillabration/ [https://www.instagram.com/skillabration/]

Immigrating from Colombia to the US and Teaching Spanish and English as a Second Language

On Episode 12 of the Skillabration Podcast Nikki interviews Laura Mann, one of the Spanish teachers at Skillabration.  Laura holds a Bachelor of Arts degree in Foreign Languages and a Graduate Certificate in Spanish Language Education. Originally from Colombia, she has been teaching English, French, and Spanish as a second language both in the USA and her home country since 2018, across various educational levels from kindergarten to adult in private and public schools.  She is very creative and passionate about languages and cultures, Laura strives to immerse students in the Spanish language while sharing her Latino cultural traditions, customs, and holidays alongside those of other Hispanic countries. Highlights From The Episode 🔥What made Laura interested in teaching and learning French and English 🔥 Interesting facts about Colombian culture 🔥 Laura’s experience immigrating to the US and being an au pair  🔥 Misconceptions and stereotypes about US culture  🔥 Advice for students learning a foreign language Connect with Skillabration: Get on our email list! We’d love to hear your suggestions for the podcast. https://skillbox.skillabration.com/p/skillabration-podcast-newsletter [https://skillbox.skillabration.com/p/skillabration-podcast-newsletter] Sign up for classes with our teachers here: www.skillabration.com [http://www.skillabration.com/] Connect with us on socials: youtube.com/@skillabration-school [http://youtube.com/@skillabration-school] https://www.facebook.com/skillabrationschool/ [https://www.facebook.com/skillabrationschool/] https://www.instagram.com/skillabration/ [https://www.instagram.com/skillabration/]

Creating a Successful Wedding and Event Planning Business

On Episode 11 of the Skillabration Podcast Nikki interviews Amy Kinsman and Teal Ozolins from Perfect Day Event Planning. At the Age of 40 Amy Kinsman began her career as a Wedding Coordinator. Over the past 8 seasons she has grown her business from 1 wedding in her first year, to 40 weddings this season. She has added 5 coordinator/planners to her team and she is now focused on full service wedding planning and managing her business. Teal is a stay at home mom/wedding planner/ small business owner. Formally a teacher, Teal takes the skills needed in the classroom such as adaptability, patience, problem solving, kindness, and a growth mindset to every aspect of her life. Highlights from the Episode: 🔥How Amy founded Perfect Day 🔥Surviving as a small business during Covid 🔥What it’s like being a parent and running a business 🔥The top 3 skills that have served them in life and in business 🔥Their top advice for the youth today Connect with Amy and Prefect Day here: https://perfectdayeventplanningllc.com/ Instagram: @perfectdayeventplanningllc Connect with Skillabration: Get on our email list! We’d love to hear your suggestions for the podcast. https://skillbox.skillabration.com/p/skillabration-podcast-newsletter Sign up for classes with our teachers here: www.skillabration.com Connect with us on socials: youtube.com/@skillabration-school https://www.facebook.com/skillabrationschool/ https://www.instagram.com/skillabration/ Spotify: https://open.spotify.com/show/2dKhL1XqgmYc7BE1qEV0P7?si=MySPFi8mRHOPt4DC4s2QuA YouTube: https://www.youtube.com/@skillabration-school