When he started falling down a personal finance rabbit hole a little over five years ago, Shaun Morgan, 31, realized that a lot of the classic advice didn’t apply to him.
Morgan, at the time a 7th grade world history teacher, couldn’t relate to podcasts telling him to negotiate a raise or to pick up overtime, as teachers typically have union-negotiated salaries. Getting a 401(k) match, often an early step in financial frameworks, doesn’t apply to public school teachers who have a 403(b) instead.
“There just weren’t many people talking to teachers about personal finance,” he says.
So, in addition to his full-time job as an educator, Morgan began talking to his peers about money, at first by blogging and doing virtual summits, and now by hosting “The Teacher Money Show,” a podcast focused on helping teachers build wealth. He currently works as an administrator and personal finance teacher at an online public charter school.
In a profession largely seen as undercompensated, Morgan says the much of the work teachers have to do around money comes down to mindset.
