At the age of 18, students should have a plan to acquire more assets than liabilities. If students are set up to do this, then poverty rates for Blacks and Hispanics can significantly decrease. This is where I, Dr. Rischer, come in…I have created a series of lessons from my first published book that will teach students: Math is Money: If you can do Math, then you can put money in your pocket!” At the end of the program, each student will create their own Wealth Building Plan (WBP).
As a former Math teacher and middle school administrator, I know the ins and outs of teaching Math standards, formative assessments, high-stakes testing, lesson planning, and "teaching to the test." Yet, despite the rigor from Common Core, our students are not acquiring the tools necessary to learn financial literacy. As I like to say, “Making Money is a Mindset!” My financial literacy lesson, Math is Money, will show the relationship between basic Math fundamentals and building wealth. Not only do we want our students to know how to build generational wealth, but we want them to transfer wealth to future generations. Most importantly, I will take the time to develop students' mindsets for building wealth.
With my book and workbook, I model lessons that cover monthly budgeting, assets vs. liabilities, Rule of 72, the fundamentals of stock trading, investing strategies, and Return on Investment. Not only does my book, Lessons that I Learned from My Father and Brother, teach financial literacy, but it also has lessons that strengthen life skills, teach about mindfulness, and mentor students, with a focus on boys. Mentoring impacts student development, relationships, and self-esteem. Research has shown that mentoring is an effective tool to raise boys into men. In addition, mentoring is essential for black and brown students.
I offer consultation for developing effective mentoring programs while also being available to lead and facilitate activities with students through my own mentoring program. Wherefore, I provide 13 lessons that will improve self-esteem, develop life skills, build confidence, improve relationships, and teach strategies for building wealth.
Upon completion of the workshop(s), participants will learn how to:
a) Create a budget to manage funds monthly; learn the value of building wealth by buying stocks (assets) and learn the difference between assets and liabilities.
b) Create personal and professional goals to accomplish their goals and dreams (chapters 2 and 3).
c) Improve confidence and self-esteem and use passion to build a foundation for future success (chapters 1 and 4). d) Learn 1-2 poems from Tupac Shakur.
Math is Money
An in-person financial education curriculum teaches students to build wealth from mastering the foundational Math skills. Also, students will engage in activities that teach wealth, budgeting, starting a business, stock trading, and long-term investment strategies.
Book Study & Life Skills
An in-person presentation that teachers from the book, Lessons that I Learned from My Father and Brother. The presentation will highlight life skills to address confidence, goal setting, financial planning, and gratitude.
An in-person presentation that teaches students about mindfulness through meditation and gratitude. Students will learn about the Chakra energy system.
Male Mentoring An in-person presentation that teaches various life skills to young men. This program supports programs that need male initiative activities to support the development of boys to men.