Of teachers, by teachers, for teachers
Life as a Teacher: How Salaried Teachers Can Survive Through Financial Planning

There is something that no human being can avoid.
That's right, it's about money.
No matter how beautiful and noble the teaching profession may be, and how it is a noble profession that takes responsibility for a person's life, one cannot dedicate oneself to it without financial stability.
Teachers are professionals, but they are also salaried workers.
This book contains a story that no one, not just teachers, can ignore.
The two axes of a teacher's life are home and work.
While there are countless books and papers on the lessons, curriculum, life guidance, teaching and learning, and material development that teachers need, there aren't many reference materials that address the other side of the equation: the stories of teachers themselves and their families. This is the starting point of this book.
"Secrets to Financial Management for Salaried Teachers: Rich and Poor Teachers" is a navigation that follows the lives of rich and poor teachers, common among us, and shows how salaried teachers can achieve financial freedom as rich people. It provides financial management methods centered on the diverse and vivid examples of teachers who are actually working in the teaching profession.

To study well, you must observe the example of people who study well.
We need to look closely and benchmark.
If you want to become rich, you have to look into the lives of the rich.
My life depends on where I place my modeling and benchmarking.
--- p.18

When you inherit, your starting point is different.
Children of wealthy families who started out early also have many educational opportunities.
Get a good education, graduate from a so-called 'first-class' university, get a good job, and earn a high income.
In addition, parents of children born with a silver spoon in their mouths also teach them how to manage their assets.
The inheritance of wealth takes place.
But this is a story of a very small number of people who have nothing to do with me.
Most people start from zero.
--- p.26

It's madness to try to get rich without changing.
It's like saying you want to go to Seoul National University without even studying.
Paradoxically, we live our lives trying to find comfort and stability.
To do so, I endured the pain of studying and exams (teaching exams) and gained comfort and stability.
But if you are intoxicated by this, you cannot develop.
Let us not forget that we have the potential to grow further in our school.
Teacher? It's not the final destination.
--- p.57

Financial planning refers to the process of setting financial goals for each stage of life, considering the financial status of an individual or family, and rationally planning and implementing consumption, savings, and investments accordingly.
This process requires planning and preparation in advance to ensure you have the funds you need when you need them.
Understanding and practicing the importance of financial planning is the beginning of financial management.
We have the advantage of being able to predict income.
You should take advantage of these advantages to accurately understand your financial status.
You should be able to control your daily spending through an application that is linked to your card notifications or a manual ledger.
The most important thing is to find a style that suits you, understand your cash flow, and manage your finances accordingly.
Financial management is actually a field of self-management.
People who can't manage themselves can't achieve anything.
--- p.65

Working hard doesn't make you successful.
If you work hard without thinking, you could end up failing quickly.
It means that you shouldn't just work hard without strategic thinking.
Working hard is important, but deep thinking is also necessary.
You have to be the one who thinks about what a good investment strategy is.
And you have to invest in places where you can clearly win.
This is the key to successful investing.
--- p.137

Although the world is changing rapidly, there are many things that do not change.
It is the human heart.
Investing is never easy.
Even if you make a lot of money, there is no guarantee that you won't suffer a big loss later.
There is no right answer, but the key indicator is to avoid losing as much as possible.
This is why I emphasize that you should build your assets little by little with real seed money.
--- p.145

A rich man knows how to manage money.
I can't say I've succeeded right now, but I'm confident I will.
Because they already know and are practicing clear methods to accumulate and control their assets.
How can we be confident about the future? Because we're simply following the success stories of past rich people.
Knowing the money-making habits like that, we can confidently draw out our future life through the past.
That's why we study history.
Because we need to know the past to understand the present and predict the future.
--- p.153

To develop self-management skills, you should help your students use various project management tools, including calendars and project task checklists, so that they can become independent learners who can manage their own work flow while working on projects.
Helping people recover from failure is also an important role of scaffolding.
When students use their abilities to take risks and overcome failure, they learn more than just the content of the course.
When I realize that I am the master of my own projects, I finally learn that I am the master of the decisions I make at every crossroads in life, and no one else.

--- p.159