Nicola Prentis on Investing in your Future Self
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Nicola has been in ELT for over 20 years as a teacher, materials writer, and entrepreneur. She's written many coursebooks and over 200 pages of the British Council learning English website. More recently, she helps language teachers take control of their finances.
Her interest in investing came about almost by accident when she began looking at her own woeful finances and she now supplements her income through investing and runs a course for beginner investors at The Chilled Investor.
In this episode, Nicola dives into:
how her childhood impacts her relationship with money
why many teachers sweep finances under the rug
what investing is and what it isn't
demystifying limiting beliefs about investing
why it's never too late
how "desperation is the mother of research, self study, and self improvement"
why precarity in our industry is more reason to invest in yourself, not less
More on Nicola:
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About Nicola Prentis
Nicola thinks she's been in ELT 12 years but it's actually more like 20, first teaching and then as a materials writer with two award-winning graded readers, a speaking skills book for Collins plus bits and pieces of texts in other books and materials and she's written well over 200 pages of the British Council Learning English website. Her interest in investing came about almost by accident when she began looking at her own woeful finances and she now supplements her income through investing and runs a course for beginner investors at www.chilledinvestor.com
About her work:
Investing is the logical step for entrepreneurs but do you know anything about it? The aim of investors and entrepreneurs is to earn more income and divorce earnings from selling your time. But what you DO with those earnings is the other side of the entrepreneurship coin. Also, the things that hold people back from starting their own business are the same things an entrepreneur tackles: a leap into the unknown, fear of risks, lack of practical knowledge and not knowing the platforms. Yet investing is actually much easier than launching a business once you know how.
She covers one of the most fundamental reasons investing works and one vital question you need to ask before putting your money into anything. She helps teachers address some beliefs that are stopping you from investing earnings from your business and growing your money passively.
Podcast Creation:
This episode was created with support from Skool & Podbean. If you're looking to launch a course or start a podcast, we highly recommend them - and use them ourselves.
As always, thank you for listening. Your support has been overwhelming and we couldn't do what we do without you. We hope this podcast serves as an effective CPD tool for you.
If you have a comment or question about today's show, we'd love to hear from you: info@learnyourenglish.com
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