Why don't schools prep kids for financial success?

    enSeptember 20, 2023

    Podcast Summary

    • Partnership between Khan Academy and Capital One offers free personal finance classesThrough this partnership, Khan Academy makes essential financial skills accessible to anyone online, addressing the long-ignored issue of financial literacy in schools.

      Khan Academy, in partnership with Capital One, is now offering free mastery learning classes on personal finance for students and adults. This is important because financial literacy has long been overlooked in schools, and many people enter adulthood without essential skills like budgeting, saving, and understanding consumer credit. The partnership aims to address this issue by creating well-defined curricula and making the courses accessible to anyone online. This is a significant step towards ensuring that financial education becomes a regular part of the educational system. If you're interested in learning these skills, you don't have to go back to high school – the course is available for free online.

    • Flexible and accessible learning platform for mastery and lifelong educationKhan Academy offers a flexible and accessible learning platform that goes beyond traditional classroom settings, providing opportunities for mastery and filling in gaps in education, while also being a valuable resource for lifelong learning and bridging the equity gap.

      Khan Academy offers a flexible and accessible learning platform that goes beyond traditional classroom settings. It's not just about watching videos and reading articles; it's about providing opportunities for mastery through practice. This approach can benefit students in high school and beyond, filling in gaps in education and preparing them for real-life situations. The platform's vast array of topics can answer questions about various subjects, from financial literacy to academic concepts. Its value lies not only in meeting educational standards but also in providing a resource for lifelong learning. Furthermore, Khan Academy has the potential to bridge the equity gap by making quality education accessible to anyone, regardless of their location or financial situation. By offering a comprehensive and flexible learning platform, Khan Academy sets students up for personal growth and contributes to the betterment of the nation.

    • Learning financial literacy with Khan Academy's finance courseKhan Academy's finance course can help individuals manage debts, expenses, and savings effectively, reduce debt, improve credit scores, and prepare for retirement.

      The Salman Khan-led Khan Academy finance course can serve as a strong foundation for individuals, particularly young people, to better manage their debts, expenses, and savings. With record-high credit card and student debts causing many to delay major life milestones like marriage and homeownership, this course offers a frame and structure to help individuals optimize their finances. By focusing on paying off high-interest debts first and learning budgeting techniques, students can become more optimistic about their financial future. Additionally, research shows that students who take such courses are more likely to save more, have better credit scores, and prepare better for retirement. The course can also inspire individuals to seek out further advanced finance education to expand their knowledge. Ultimately, this foundation in financial literacy can put individuals on a better path towards financial stability and security. Khan Academy offers a wealth of advanced finance content for those seeking to delve deeper into the subject. However, even without access to such conversations within families, this course can provide essential financial knowledge and confidence.

    • Transforming lives through educationEducation equips us with tools to navigate life's challenges and seize opportunities, impacting not just academics but also financial literacy and mindset.

      Education, whether it's academic or financial, holds immense power in transforming lives. The head of a nonprofit organization, which provides free world-class education to millions, shares how inspiring it is to witness individuals overcome challenges and succeed. Education isn't just about academics; it's about shaping minds and addressing underlying issues. Starting with a humble goal of tutoring cousins, this organization has grown to impact hundreds of millions. Extending their reach to financial literacy, they've received countless testimonials from people who've gained confidence in managing their money. A little financial knowledge can prevent financial struggles and instill a sense of control. So, don't underestimate the impact of education. Whether it's math, science, humanities, or financial literacy, it equips us with the tools to navigate life's challenges and seize opportunities.

    • Khan Academy's Financial Literacy Course: No Hidden AgendasKhan Academy, founded by Sal Khan, provides a free financial literacy course with no hidden agendas or ads. Their mission is not-for-profit, aiming to offer valuable resources for individuals and families.

      The Khan Academy, founded by Sal Khan, offers a free financial literacy course. Contrary to common skepticism, there are no hidden agendas or ads attached to the course. Khan Academy's mission is not-for-profit, and they genuinely aim to provide valuable educational resources to individuals and their children. If you're interested in financial literacy, you can easily access the course by searching for "Khan Academy financial literacy" or visiting capital one dot com slash Khan K H A N. The course is completely free, and Khan encourages everyone to check it out.

    Recent Episodes from Ask the Expert North Texas

    Presidential assassination expert's reaction to Trump's assassination attempt?

    Presidential assassination expert's reaction to Trump's assassination attempt?

    In the days following the assassination attempt on Former President Donald Trump, we continue to see more evidence of what happened that day. Different camera angles, witnesses stories... even 3D imaging of the scene and trajectory angles and scenarios.

    There is no doubt even more evidence that we have not seen or heard is all being taken into account for the ongoing investigation.

    On Ask the Expert, Farris Rookstool III joins us in the KRLD Zoom room. He is an expert on the John F. Kennedy Assassination, having served on the FBI JFK Task Force and was in charge of all the FBI JFK Assassination Records. He also has served as a principal historian for the planning of the Sixth Floor Museum at Dealey Plaza.

    We asked him, with his expertise on FBI investigations and assassinations, what was his immediate reaction to what happened?

    What happens next after AT&T's latest breach?

    What happens next after AT&T's latest breach?

    Dallas's AT&T had a massive data breach. One of the biggest in history... and almost all of its customers accounts are affected. This includes records of calls and texts from 110 million customers and landlines over the course of five months in 2022. The FBI says it busted at least one person.

    On today's Ask The Expert, our tech expert Ian Sherr joined us.

    What is DFW Restaurant Week?

    What is DFW Restaurant Week?

    It's an event that is guaranteed to fill your bellies and help you give to a couple of great causes.

    Every year for the last 28 years, the summer brings us DFW Restaurant Week. It's a way to learn about new restaurants all over the Dallas-Fort Worth area.
    These are places that you might not ever get the chance to experience.
    Reservations just opened for this year's DFW Restaurant Week runs from August 5th through the first of September.

    Every year, DFW Restaurant Week raises money for two charities: the North Texas Food Bank and Lena Pope.

    On today's Ask The Expert, the CEO of Lena Pope, Dr. Ashley Elgin joined us.

    Why is O-positive blood the highest in demand in North Texas?

    Why is O-positive blood the highest in demand in North Texas?

    Carter BloodCare is urging North Texans to donate! The summer is already tough for keeping up with supplies and now they are down to critical levels.

    Critical status means there is less than a day’s supply of blood on hand. This has led to surgeries and medical treatments being postponed until the community supply is replenished.

    On Ask the Expert, James Black, spokesman for Carter BloodCare joined the KRLD Afternoon News. He shares why O-positive blood is most in need!

    As an incentive to get more donors with O-positive blood, now through July 31, the nonprofit blood center will award $25 worth of e-gift cards to each O-positive whole blood or double red cell donor. While all blood types are essential, recent O-positive donations have not kept pace with patient needs.

    At least 39% of the U.S. population is type O positive, making it the most common blood type. O-positive is used in treating traumatic bleeding, often due to life-threatening traffic accidents and in other medical emergencies.

    According to Carter BloodCare, though it takes only one hour to give, blood donations typically drop during the summer as student donors go on break, an important point since 25% of the community blood supply is collected through high school blood drives. Also, as more people travel out of town for summer vacations, blood donations can dip.

    Carter BloodCare anticipates and prepares for the annual drop, though this season’s slump is more severe than in past years.

    What is the new Texas data privacy law?

    What is the new Texas data privacy law?

    The Supreme Court is slowly coming out with rulings about social media and other online activities. One of them allows the feds to fight against lies on social media.
    There's another one coming soon that deals with social media companies and the question of silencing some voices in a Texas case.

    In less than a week, Texans will get a little more control over their data online. It's called the Texas Data Privacy and Security Act.

    On today's Ask The Expert, the High Tech Texan, Michael Garfield joined us.

    What should we expect from the presidential debate?

    What should we expect from the presidential debate?

    President Joe Biden and former President Donald Trump will meet in the first presidential debate of the 2024 election. KRLD will carry the full CNN debate on Thursday at 8 p.m., followed by a 90-minute discussion after the debate with local reaction. According to a new survey, 60% of Americans said they planned to watch all or some of the debate. Dr. Thomas Gray from the University of Texas at Dallas joined Ask the Expert on Wednesday for a preview.

    Photo: In an aerial view, signage for a CNN presidential debate is seen outside of their studios inside the Turner Entertainment Networks on June 26, 2024 in Atlanta, Georgia. (Photo by Kevin Dietsch/Getty Images)

    What are the most common mistakes people make in the heat?

    What are the most common mistakes people make in the heat?

    Summer has returned with a vengeance to North Texas... We're under heat advisories from now through at least tomorrow, and those will probably get extended well into next week as we're dealing with temperatures near and above 100 degrees.
    If you're new to North Texas, this is something that we just learn to deal with every year. It's one of the benefits of having a more mild winter.
    There are different health conditions that can come from the excessive heat around here, and you need to know the differences.
    On today's Ask The Expert, Dr. Joseph Chang joined us. He's the Medical Director at Parkland.

    Related Episodes

    Episode 509: Class Rank Changes

    Episode 509: Class Rank Changes

    District leaders talk through proposed class rank changes for the Class of 2027 and beyond. If approved at the November 2022 regular board meeting, incoming 8th grade students for the 2023-2024 school year will see these changes reflected during course registration in the spring semester.

    Click here to watch the video with the full presentation.(begins at 4:45)


    Follow us on Facebook
    Follow us on Twitter
    Follow us on Instagram

    Teachers and Students Talk Podcasting with Matt Winters and Rory Beals

    Teachers and Students Talk Podcasting with Matt Winters and Rory Beals

    On the final episode of the season, Dani Sloan and Katie Blunt bring Matt Winters and Rory Beals on UEN Homeroom to talk about the power of podcasting. Matt Winters is the host of the UCET podcast and will soon be a co-host on UEN Homeroom. Rory Beals is a graduating senior from West High and the creator of "The Way I 'Z' It" podcast where he talks about modern issues from the perspective of a Generation Z individual. Listen in for an exciting conversation!

    UCET Podcast

    The Way I "Z" It Podcast

    Teach SDGs