NGPF Podcast: Tim Talks to Kiplinger Editor and Author Janet Bodnar
It was great to have Kiplinger editor Janet Bodnar on the podcast recently. As a newly minted college graduate, I recall leafing through a Kiplinger magazine (pre-internet) and benefitting from their practical, easy to understand financial advice. As an editor, columnist and author, Janet has an amazing depth of knowledge about personal finance. We focused our conversation on what we should be teaching young people about money as well as the importance of encouraging women to develop financial skills. You will get great advice about investing while learning about Janet’s collecting habits which she gleefully displays on her home refrigerator. Enjoy!
- 0:00~1:26 – Introduction
- 1:26~3:18 – Janet’s day job
- 3:18~10:22 – Early money lessons
- 10:22~15:42 – How Janet’s kids think about money
- 15:42~20:23 – Does financial education work?
- 20:23~22:50 – How should we be teaching young people about money?
- 22:50~31:00 – Investing
- 31:00~37:36 – What should we be teaching young women about money?
- 37:36~37:54 – A word from our sponsor, Next Gen Personal Finance
- 37:54~40:52 – Other columnists that she reads
- 40:52~42:27 – Best thing purchased for under $10
- 42:27~43:49 – Worst financial habit
- 43:49~46:37 – Book recommendation
- 46:37~49:14 – Weekly text to teens
- 49:14~50:12 – Conclusion
- Kiplinger website
- Janet’s books
- Janet’s columns
- Blog that she enjoys: Dr. Ed’s Blog
- A columnist she enjoys: Robert J. Samuelson of the Washington Post
- Recommended books
- “A teacher who teach personal finance are not alone. There are a lot of resources online and using these resources to teach children first hand makes all the difference.”
- “You can own the whole world with a couple of mutual funds and it doesn’t even cost that much.”