Teaching Kids About Finances with Luke Hohmann

The Elevate Media Podcast

Oct 25 2021 • 37 mins

Money doesn’t change men, it merely unmasks them. If a man is naturally selfish or arrogant or greedy, the money brings that out, that’s all.  – Henry Ford

If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed. -Edmund Burke



Luke Hohmann is the Founder and CEO of FirstRoot, a Benefit Corporation devoted to teaching financial literacy and civics through Participatory Budgeting in schools. Our BHAG is to get $1K into 1M schools globally and watch what happens when kids control $1B.

Luke is a serial entrepreneur and internationally recognized expert in Participatory Budgeting and Agile Software development industry. Luke's previous company was Conteneo, a software company that helped large companies administer more than $3B using Participatory Budgeting techniques. Scaled Agile, Inc. acquired it in 2019.

The author of four books, numerous articles, and cited as an inventor of a dozen patents, Luke co-organized the first Agile conference in 2003. He has served on the Board of the Agile Alliance. In partnership with the Scrum Alliance, he produced the "Collaboration at Scale" webinar series, which focuses on helping organizations scale agility with ten or more Scrum teams in 2 or more locations.

Luke is a highly sought-after speaker, keynoting such conferences as the Agile Alliance conference, Agile Australia, Lean-Agile Scotland, Agile New Zealand, the Austrian Innovation Forum, the CXPA, and the SAFe Summit.

Luke is the co-founder of Every Voice Engaged Foundation, a 501c3 nonprofit that helps citizens, governments, and nonprofit organizations collaboratively solve unsolvable problems without civic engagement. EVEF has been a leader in the Participatory Budgeting movement, helping citizens prioritize hundreds of millions of dollars through Budget Games.

In partnership with The Kettering Foundation (www.kettering.org), Conteneo created Common Ground for Action, the first scalable platform for deliberative decision-making.

Luke's an old-school Silicon Valley entrepreneur. Instead of building companies to flip, he builds companies that make the world better! A former United States National Junior Pairs Figure Skating Champion, Luke enjoys his family, his wife's cooking, and long runs in the Santa Cruz mountains.

Today we discuss how to teach kids about finances.

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