Bonus Episode: Financial Literacy & Planning for Educators

This week we have an extended episode focused on financial planning and literacy. Listen in as Leonne Bannister chats with Chris Lahman, high school teacher and Member Benefits Coach for his local education association. As a Member Benefits Coach, Chris helps members through the financial education and planning process. He is passionate about financial security and wants to share his knowledge with us.

According to Chris, getting started can be the most challenging and rewarding part of the financial literacy process. Chris suggests a basic income and expense snapshot as a great place to start a budget. Knowing how your school district is supporting your retirement is also helpful in learning about your financial future. He also shares  a variety of investment plans available to members. His perspective on how paying yourself first, taking a ‘first small step’ and being directionally positive weave throughout the conversation.

Leonne and Chris also talk about how to reduce the cost of college and how to enroll in loan forgiveness through NEA. Chris rounds out the conversation by providing quick and easy tips to create income for your “future self.” This episode has something for everyone. Over and over, Chris shares the message of “know your goals.” So, let’s start there. What do you want for your future? What do you need for financial freedom? Think about your goals, then listen to this podcast. Chris’ expansive financial knowledge and the resources he shares will be a great accelerator to meeting your goals. 

 

Resources: 

Atomic Habits by James Clear

NEA Loan Forgiveness Program

PERS  -  IAP 

401(K), 403(B), 457 (B)

Chris can be reached at: 

CLmoneycoaching.com or

chris.lahman@corvallis.k12.or.us

IG: @clmoneycoaching

Facebook: CLmoneycoaching