Want to make smarter financial choices and boost your life satisfaction? In this episode, **Andrew Hallam** shares powerful insights on how teachers can manage money efficiently, avoid financial pitfalls, and maximize their happiness through intentional spending. Explore the show notes at:https://www.teachermoneyshow.com/show75Become a guest on the show:https://www.teachermoneyshow.com/guestLeave a voicemail question:https://www.speakpipe.com/teachermoneyshowNeed help? Get Coachinghttps://www.teachermoneyshow.com/coaching🔹 **Topics Covered:** ✅ The **simplicity of building wealth** as a teacher.✅ Why **buying a new car** is a financial mistake & how to avoid depreciation ✅ How **behavioral science** proves that experiences—not material things—boost happiness ✅ Why **teachers are the most financially efficient** professionals ✅ The hidden **million-dollar value of teacher pensions** ✅ How to **prevent burnout** and optimize life satisfaction ✅ Practical tips on spending, investing, and building long-term wealth Andrew’s research-backed strategies will help you make **smarter financial decisions**, focus on what truly matters, and build a secure financial future. 🎧 **Listen in to learn how to align your money with your values!** #FinancialFreedom #TeachersMoney #SmartSpending #FinancialIndependence #MoneyMindset #TeacherPensions #FrugalLiving #InvestingForTeachers

Is real estate investing a smart move for teachers? In this episode, I talk about my experience investing in real estate and all the benefits I've had from it.Explore the show notes at:https://www.teachermoneyshow.com/show74Become a guest on the show:https://www.teachermoneyshow.com/guestLeave a voicemail question:https://www.speakpipe.com/teachermoneyshowNeed help? Get Coachinghttps://www.mybudgetcoach.com/coaches/shaun-morgan🔹 **Topics Covered:** ✅ The importance of education before you begin investing.✅ The pros and cons of real estate vs. **index fund investing** ✅ Generating **passive income** with a **tiny house rental** ✅ Exploring the **BRRRR method** and cash flow strategies ✅ Managing short-term rentals (**Airbnb**) and the trade-off between income and effort ✅ Hands-on property management and cost-saving DIY repairs 🎧 **Listen in to learn how real estate could be a game-changer for your financial future!** #RealEstateInvesting #TeachersMoney #PassiveIncome #FinancialFreedom #BiggerPockets #BRRRRMethod #AirbnbHost #InvestingForTeachers #TeacherSideHustles

Is your mindset holding you back from financial success? In this episode of *The Teacher Money Show*, I sit down with **Bernadette Joy** to talk about breaking negative thought patterns and stepping into a wealth-building mindset—no matter your income.

Explore the show notes at:

https://www.teachermoneyshow.com/show73

Become a guest on the show:

https://www.teachermoneyshow.com/guest

Leave a voicemail question:

https://www.speakpipe.com/teachermoneyshow

Need help? Get Coaching

https://www.teachermoneyshow.com/coaching

We discuss the crucial link between **self-worth and net worth**, and why teachers need to **stop undervaluing themselves**. Bernadette shares how shifting your mindset can have a bigger impact on wealth-building than any financial strategy.

We also cover:

💡 Why **teachers already have the skills** to build wealth

💡 How **self-respect impacts financial success**

💡 The dangers of **over-delivering and burnout**

💡 How to **set boundaries and stop spending your own money** on the classroom

💡 The **teacher benefits you might be underutilizing**

Bernadette brings **powerful insights** on how teachers can overcome self-doubt, take control of their financial future, and build lasting wealth. If you’re ready to **stop the negative self-talk and start thriving financially**, this episode is for you!

👉 **Don't forget to like, subscribe, and hit the bell** so you never miss an episode!

#TeacherMoneyShow #FinancialMindset #SelfWorth #MoneyMindset #TeachersAndMoney #BurnoutPrevention #PersonalFinanceForTeachers #FinancialFreedom #WealthBuilding

Are limiting beliefs about money holding teachers back? In this *Teacher Money Show* episode (Part 2), Matt and I continue our deep dive into overcoming the negative money mindset that many educators struggle with.

Explore the show notes at:

https://www.teachermoneyshow.com/show72

Become a guest on the show:

https://www.teachermoneyshow.com/guest

Leave a voicemail question:

https://www.speakpipe.com/teachermoneyshow

Recommended (affiliate link):

https://fidelity.app.link/e/oCNKRWIuoNb

We break down the **abundance vs. scarcity mindset** and why shifting your perspective can help you see financial opportunities instead of roadblocks. We also challenge the misconception that **wanting more money is greedy**, emphasizing that financial growth can be a responsible and positive goal when it’s driven by a desire to support your family, gain financial security, and give back.

Another major topic we tackle is **why Social Security and pensions alone won’t be enough** for most teachers in retirement—and what you can do to take control of your financial future. Plus, we explore how teachers can **break free from the time-for-money trap** by building passive income streams and leveraging their skills in new ways.

💡 **Key Takeaways:**

✅ How to shift from a scarcity to an abundance mindset

✅ Why wanting more money isn’t greedy—it’s responsible

✅ The truth about Social Security and pensions for teachers

✅ How to earn money beyond just exchanging time for a paycheck

✅ The importance of lifelong learning and financial education

If you're ready to transform your money mindset and take control of your financial future, this episode is for you!

👉 Don’t forget to **like, subscribe, and hit the bell** so you never miss an episode!

#TeacherMoneyShow #FinancialFreedom #AbundanceMindset #PersonalFinanceForTeachers #InvestingForBeginners #PassiveIncome #BudgetingTips #MoneyMindset

Are negative money beliefs holding teachers back financially? In this episode of *The Teacher Money Show*, I sit down with Matt to discuss how teachers can overcome the common financial mindsets that keep them feeling broke and stuck. Explore the show notes at: https://www.teachermoneyshow.com/show71 Become a guest on the show: https://www.teachermoneyshow.com/guest Leave a voicemail question: https://www.speakpipe.com/teachermoneyshow Need help? Get Coaching https://www.teachermoneyshow.com/coaching Matt shares his journey from pursuing criminal justice to becoming an elementary school teacher and how his early financial mistakes led him to become passionate about personal finance. We explore the limiting beliefs many teachers hold—such as “teachers don’t make enough,” “finance is too complicated,” or “money is greedy”—and how shifting to an abundance mindset can unlock financial freedom. We also break down practical strategies for teachers to take control of their finances, including budgeting, investing in low-cost index funds, and exploring side income opportunities like tutoring, coaching, or starting a small business. This conversation is packed with actionable insights to help teachers grow their wealth, take control of their financial future, and even work toward early retirement and it is only part 1. Be on the look out for part 2! 💡 **Key Topics:** ✅ The biggest money myths teachers believe—and how to overcome them ✅ Simple budgeting and investing strategies to build wealth ✅ Side income opportunities for teachers to increase earnings ✅ Why an abundance mindset is key to financial success ✅ Next steps for teachers looking to achieve financial independence 👉 Don't forget to **like, subscribe, and hit the bell** to stay updated on future episodes! #TeacherMoneyShow #TeacherFinance #FinancialFreedom #PersonalFinanceForTeachers #InvestingForBeginners #SideHustles #BudgetingTips #MoneyMindset

In this episode of *The Teacher Money Show*, Shaun Morgan provides a beginner-friendly overview of real estate investing, exploring why it can be a powerful wealth-building tool for teachers and other professionals. Shaun breaks down key strategies, shares personal insights, and offers practical advice for those considering real estate as part of their financial journey.

Explore the show notes at:

https://www.teachermoneyshow.com/show70

Become a guest on the show:

https://www.teachermoneyshow.com/guest

Leave a voicemail question:

https://www.speakpipe.com/teachermoneyshow

Need help? Get Coaching

https://www.teachermoneyshow.com/coaching

Key topics include:

- **Why Real Estate?**:

Discover the advantages of real estate investing, including higher returns, cash flow opportunities, and leverage to control larger assets with less capital.

- **Investment Strategies**:

Learn about house hacking, owning rental properties, and live-in flips as ways to generate income and build equity.

- **Challenges & Risks**:

Shaun discusses the time, knowledge, and cash reserves needed to succeed in real estate, sharing his own experience with an underperforming investment.

- **Getting Started**:

Tips for beginners, including the importance of dedicating a year to learning and saving before making a commitment.

- **Is Real Estate Right for You?**:

Shaun emphasizes that real estate isn’t the only path to financial success and that it’s crucial to invest only if you’re passionate about it.

Whether you're curious about real estate or looking for tips to get started, this episode will provide valuable insights to help you make informed decisions.

👉 **Subscribe for more teacher-focused financial advice!**

🎧 **Tune in to learn how real estate could fit into your financial plan!**

#TeacherMoneyShow #RealEstateInvesting #HouseHacking #RentalProperties #FinancialFreedom #PassiveIncome #InvestingForTeachers #WealthBuilding

In this episode of *The Teacher Money Show*, Shaun Morgan sits down with Rashad Muhammad to discuss setting realistic retirement goals, building wealth, and maintaining financial discipline as an educator. Rashad shares his inspiring journey from financial struggles, including bankruptcy, to achieving financial independence and planning for early retirement.

Explore the show notes at:

https://www.teachermoneyshow.com/show69

Become a guest on the show:

https://www.teachermoneyshow.com/guest

Leave a voicemail question:

https://www.speakpipe.com/teachermoneyshow

Recommend using Nectarine for Financial Advice (affiliate link):

https://hellonectarine.com/r/teachermoney

As an affiliate, there is a conflict of interest with me recommending this product.

Key topics covered include:

- **Rashad's Personal Finance Journey**:

Rashad turned his finances around after taking a Financial Peace University course and set a goal to retire at 52 with $1-2 million in investments. He talks about how it isn't easy, but it is doable!

- **Retirement Planning**:

We discuss using the 4% rule for sustainable withdrawals and leveraging pensions as part of a retirement strategy.

- **Avoiding Lifestyle Creep**:

Rashad emphasizes directing raises and bonuses into savings and retirement accounts to stay focused on long-term goals. Lifestyle creep inevitably means you need more to retire.

- **Budgeting & Living Below Your Means**:

Retirement goal setting and planning won't matter if you can't live below your means. We discuss how to approach that.

This episode is packed with actionable advice to help teachers design a financially secure and fulfilling retirement.

👉 **Don’t forget to like, subscribe, and share for more financial tips for teachers!**

🎧 **Listen now to start planning your retirement goals!**

#TeacherMoneyShow #RetirementGoals #FinancialDiscipline #PersonalFinance #TeachersWhoInvest #BudgetingTips #FinancialIndependence #MoneyManagement

In this episode of *The Teacher Money Show*, Shaun Morgan interviews Clifton Corbin, author of *The Richest Person in Babylon*, a reimagined version of the classic tale The Richest Man in Babylon to explore timeless money principles from his modernized version of the classic financial guide. Clifton shares how he updated the language, characters, and stories to make the book more inclusive and accessible for today’s readers, especially children and young adults while keeping the principles the same for all to enjoy.

Explore the show notes at:

https://www.teachermoneyshow.com/show68

Become a guest on the show:

https://www.teachermoneyshow.com/guest

Leave a voicemail question:

https://www.speakpipe.com/teachermoneyshow

The Richest Person in Babylon (affiliate link):

https://amzn.to/40etu1e

Main Take Aways

- **Paying Yourself First**: We spend considerable time focusing on the main idea from the book, pay yourself first. In other words, setting aside a portion of your income before expenses can ensure consistent wealth-building.

- **Investing Wisely**: Then we talk about avoiding "get-rich-quick" schemes and focusing on informed, diversified, and strategic investments.

- **Paying Down Debt**: WE had a fun discussion on the "best" way to pay down debt and Clifton emphasizes the value of structured and intentional debt repayment while continuing to save and invest.

- **Mentorship & Knowledge Sharing**: Lastly we discuss the value of mentorship and the power of sharing financial lessons with others to uplift communities and empower the next generation.

This insightful discussion offers actionable tips to help teachers and anyone striving for financial security apply these timeless lessons in their own lives.

👉 **Don’t forget to subscribe for more financial tips and strategies for teachers!**

🎧 **Listen now and start building wealth today!**

#TeacherMoneyShow #RichestPersonInBabylon #FinancialLiteracy #PayYourselfFirst #DebtFreeJourney #InvestingWisely #MentorshipMatters #PersonalFinance