Linda Simpson, Financial Parenting Educator on Influential Women

Influential Woman · Higher education

Linda Simpson

Financial Parenting Educator, Anchord Money

Charleston, IL

Certifications · Degrees · Memberships

Degree Bachelor's degree from Eastern Illinois University Degree Master's degree from Eastern Illinois University Degree PhD from University of Illinois in Champaign-Urbana

Her Story

About Linda

I've been in higher education for 32 years, and it's been wonderful. I've never worked a day in my life because I've always considered it something I love to do, and that's how I always coach my students. In the last 5 years, I launched a personal business called Anchored Money (A-N-C-H-O-R-D Money), helping people manage their finances. I'm very motivated and driven, and when people ask me when I'm going to retire, I say never. I might shift what I do, but I'm not saying other people who retire and don't do anything are lazy, that's just how I'm wired. When you find your passion and love what you do, I think you work until the end. I think my biggest compliment is when students come back after the years and tell me about the value that I've given them in my classroom. In fact, I had a student one time email me, and she'd had me like 10 years before, and asked me if I would send her my housing presentation because she was getting ready to buy a house. I feel like I've done my job, even that she remembers she took my class and she remembers that presentation.

Her Interview

Ten minutes with Linda

01What do you attribute your success to?

I'm very motivated and driven, and I never... people ask me when I'm going to retire, and I'll say never. I might shift what I do, but I'm not saying other people who retire and don't do anything are lazy, that's just how I'm wired. And again, when you find your passion and love what you do, I think you work until the end.

02What’s the best career advice you’ve ever received?

Don't spend more money than you make.

03What advice would you give to young women entering your industry?

Be a good role model and mentor to your students. You are playing a serious role in their future. I think my biggest compliment is when students come back after the years and tell me about the value that I've given them in my classroom. In fact, I had a student one time email me, and she'd had me like 10 years before, and asked me if I would send her my housing presentation because she was getting ready to buy a house. I feel like I've done my job, even that she remembers she took my class and she remembers that presentation.

04What are the biggest challenges or opportunities in your field right now?

Higher ed is... the students change over the years. We see them cycle, and now we're seeing the COVID students who learned online. It's kind of shifted from students wanting online learning, and now they're wanting face-to-face, so you kind of see how things shift there. These students are being raised by millennials, who I taught. One serious thing is millennials is where we drop the ball in teaching them financial literacy, and so now I know this generation coming through has not been taught financial literacy by their parents because they were not taught, so that's a challenge.

05What values are most important to you in your work and personal life?

Service to others.

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