Do you consider each of your financial decisions and their overall economic impact on your life? Or do you buy things out of habit, or because you desire to look good, or have favorite brands? Maybe you buy the cheapest item. But is it quality and will it last a long time or fill your next garage sale?
True confession —- nobody in my family ever wants to SHOP with me because I do so much research before buying things. I want to understand my alternatives and learn about the product and it’s reviews. Then I consider how much use I have for it. I even go far enough to determine where I will store it. I want to simplify my life so some purchases mean getting rid of something else!!! It is my drive as an economist to make a good decision. There is so much to learn and consider that it can be totally overwhelming. So maybe I over analyze, but I do see great value in understanding our choices and the reasons we make them.
Million Bazillion is a podcast, developed by a collaboration between Brains On and Marketplace. It’s all about money — how we earn it, how we save it and how we spend it. And admittedly, they also note that it educates the adults too. As educators, we are constantly learning. Modeling the learning process with your students is critical. I encourage you to give this podcast a try with your class and your family!
Million Bazillion is a podcast about money for kids and their families. We help dollars make more sense.
It is hosted by Jed Kim and Bridget Bodnar. Learners of many ages will find new and valuable information. Listen when driving to school or sports with your kids. Assign as homework or create class activities to accompany podcasts such as doing your own pink tax research. The topics are simple yet relevant. I assign it to my college students who are preparing to be elementary school teachers. The most common comment is how much they learned from it. It educates people of many ages and stimulates good opportunities to discuss behaviors related to money.
They cover topics such as:
- Why do prices end in $0.99?
- What is the stock market?
- Why are jobs so important?
- Why is our money green?
- The history of banks.
- How is money made?
- Saving money is really hard to do.
- The price of a pizza.
- Ads are there for a reason – to sell you stuff.
- The price of a pizza.
- Secrets of starting a business.
Now two seasons’ worth of shows. Would any of these topics add value to your class?
The program is made possible by The Ranzetta Family Charitable Fund and Next Gen Personal Finance. Educators should check out this site for lots of financial literacy information for integration into many classes.
Please let me know how you use this podcast. rlittrell@walton.uark.edu Or comment on this blog.
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