NGPF Podcast: Stuart Draper and Brian Bean of Stukent on "real-ifying" financial education
Note: This podcast was taped earlier this year prior to Covid-19.
Thanks to Stuart and Brian (a repeat guest on the NGPF Podcast) for sharing details about their respective entrepreneurial journeys and their Mimic Personal Finance platform. Enjoy!
Details:
- 0:00~1:15 Introduction
- 1:15~1:56 What Brian and Stuart do at Stukent
- 1:56~3:27 Changes since Brian was last on the NGPF podcast
- 3:27~5:10 What Stuart saw in Brian’s classroom economy
- 5:10~8:05 How Mimic Personal Finance encourages students to make real decisions
- 8:05~11:53 Student behavior within a classroom economy
- 11:53~13:00 How teachers can get started
- 13:00~16:26 On scaling for growth
- 16:26~18:08 Stukent’s social media and digital marketing products
- 18:08~19:19 How teachers can sign up for Mimic Personal Finance
- 19:19~19:42 A word from NGPF
- 19:42~23:07 Case of bringing Mimic to Idaho
- 23:07~24:27 Various ways teachers can look for funding
- 24:27~28:20 Brian’s experience working with Stukent
- 28:20~31:58 Stuart’s entrepreneurial journey
- 31:58~33:30 Conclusion
Resources:
Special offer from Stukent: Recently, Idaho Central Credit Union donated $2.8 million to provide a $10,000 grant for each high school in Idaho to receive Stukent’s Mimic Personal Finance simulation and curriculum FREE for FIVE years. We believe there are more credit unions open to giving in similar ways. You can be eligible to win an all-expenses-paid trip to Hawaii and get Mimic Personal Finance for your school for FREE simply by introducing us to your local credit unions. Visit www.stukent.com/hawaii
Quote:
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“We want to create an experience for the students to make real choices, choices that actually have an opportunity cost and that carries weight in their experiences in the classroom, and not just in a game. So we really tried to real-ify not just game-ify.”
About the Authors
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
Ren Makino
Ren started interning at NGPF in 2014, and worked part-time through high school and college. With his knowledge growing alongside NGPF, he joined the team to work full-time after graduating from college in 2020. He is also the producer of the NGPF podcast. During his free time, he likes to try out coffees from different roasters across the world.
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