Emphasizing the financial challenges and opportunities educators face, podcast guest, Yahrasiel Colbert, Ed.S., leverages over 27 years of multidisciplinary expertise to help people build confidence in their financial independence. Yahrasiel is an educator, works as a consultant, and has authored a financial journal. During this episode, she provides resources for creating realistic budgets and achievable financial goals.
Host: Everett Crockett
Guest: Yahrasiel Colbert, Ed.S.
Highlights from this episode include:
- the four biggest financial challenges faced by educators
- the financial habits of Millennials and Gen Xers
- strategies for managing debt, such as the snowball and avalanche methods
- the importance of finding additional income sources
- highlights from her financial journal
Prioritize your financial well-being by joining us for this episode!
00:00 – Intro
03:45 – Foundation of Yahrasiel Colbert’s Financial Journey
06:17 – The Passion Behind the Work: Educating Educators
07:47 – Four Biggest Financial Challenges for Educators
12:21 – The Importance of Financial Literacy
15:17 – Retirement Planning: Starting Early & Overcoming Obstacles
19:40 – Educators’ Concerns about Retiring Comfortably
22:01 – Resources for Budgeting & Setting Financial Goals
23:37 – Financial Planning Habits of Gen Xers vs. Millennials
26:19 – Managing Debt: Snowball & Avalanche Methods
30:35 – Securing Multiple Streams of Income
32:11 – From Red to Black: Weekly Financial Journal
35:42 – Retirement Savings Plans: 403(b)s, IRAs, & Annuities
41:51 – Catch-Up Contributions
43:35 – Key Takeaways & Contact Information
We want to hear from our members! Please email the show for topic inquiries, questions and comments! Contact us at podcast@trsga.com.
For more information visit: www.trsga.com
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YouTube: https://www.youtube.com/@trsgeorgia
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