Category: Audio Resource

NGPF Podcast: Tim Talks to Allan Roth, Author, Columnist and Financial Advisor

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Jan 10, 2017
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Savings, Behavioral Finance, Investing, Stocks, Audio Resource, Compound Interest
Thanks to Allan Roth for recently joining the NGPF podcast. I got to know Allan a few years ago when I needed an advisor to help me “tune-up” my portfolio. I appreciated his candor, his analytical chops, his thoughts on asset allocation, his laser focus on fees and his willingness to challenge some of my assumptions. One of his best suggestions was that I create an investment policy statement which serves as a guide to my asset allocation during those turbulent market conditions...

Charles Kafoglis, NGPF Fellow, explains his school's unique perspective on fin lit

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Dec 20, 2016
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Audio Resource, Behavioral Finance, Career, Video Resource, NGPF Fellows
Two in one week! A second NGPF Fellow, Charles Kafoglis, has submitted a guest blog spot, and we’re happy to have it. Charles is a teacher at an all-girls Catholic school in Houston, TX — Incarnate Word Academy — and they’ve got a really unique leadership model that weaves throughout their entire school culture and course curricula. Charles shares that outlook, as it pertains to the personal finance class he teaches, as well as two interesting videos, in the guest post...

NGPF Podcast: Tim Talks With "Rock Star" Educator Brian Page of Reading High School (OH)

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Dec 15, 2016
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Podcasts, Behavioral Finance, Paying for College, Current Events, Audio Resource, Featured Teachers, Professional Development, Tips for Teachers
What does an extraordinary educator do during their one-year sabbatical away from the classroom? If you are Brian Page, star educator at Reading High School in Ohio, the answer is “a lot of things.” In his return visit to the NGPF podcast, Brian shares how he spent his year away from his beloved classroom. You will learn why he has come back to the classroom even more energized (which, for those of you who know Brian, is saying something) and eager to implement new ideas to engage...

Question: What Role Should Work Play In Your Lives?

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Dec 07, 2016
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Career, Activity, Teaching Strategies, Current Events, Audio Resource, Article, Employment, Activities
A great question for your students to ponder before diving into your Career unit. The impetus for this question came from a story I heard on the Marketplace podcast: While listening, ask your students to listen: What were the common themes that the reporter found most interesting when researching these 100 different jobs? What insight came from the McDonald’s employee in Iowa? What was the inspiring insight that the reporter gleaned about the importance of work in people’s lives?...

Question: How Much Do Consumers Spend Annually on Product Warranties?

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Nov 30, 2016
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Question of the Day, Behavioral Finance, Research, WebQuest, Purchase Decisions, Current Events, Audio Resource
Answer (From Marketplace.org with 2 minute audio below): Over $42 Billion Questions:  What are examples of product that typically offer warranties? Have you ever bought a warranty? For what product? Do you think warranties are a good deal for consumers? Why or why not? Do you think this is a profitable business for the warranty company? Why or why not? My warranty story: I was fresh out of business school twenty years ago working with an investment management business. One of my first tasks...

NGPF: Tim Talks to Pat Page, Award-Winning Educator and Passionate Advocate for Financial Education

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Nov 29, 2016
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Podcasts, Credit Cards, Schools In News, Current Events, Audio Resource, Excel Activities, Parent Conversations, Entrepreneurship
  Thanks to Pat Page for the great conversation we recently had on the NGPF podcast. Pat shared her insights and expertise on many topics that financial educators will find helpful. You will learn about Pat’s approach to using technology in her classroom, teaching spreadsheets, using pithy phrases to focus student attention and telling stories that bring financial topics to life. You will also hear the inspiring story of how a group of students at her high school lobbied the Rhode Island...

Question: How Much Income Does A Household Need To Be In Top 1%?

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Nov 09, 2016
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Interactive, Behavioral Finance, Career, Question of the Day, WebQuest, Current Events, Chart of the Week, Audio Resource, Math
A good interactive from CNN to stimulate discussion in your classroom and infuse some math too (hat tip to a teacher at JumpStart National Conference who pointed this out to me; sorry that I didn’t catch his name:). As you move the slider bar on the left, the point of the graph moves up to show the percentile ranking: Questions: What does the shape of the curve tell you about income distribution in the U.S.? What are the income ranges that would put a household in the middle half of...

NGPF Podcast: Tim Talks to Personal Finance Author and Journalist Dan Kadlec

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Nov 04, 2016
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Audio Resource, Behavioral Finance, Personal Finance, Investing, Mutual Funds, Stocks, Current Events, Podcasts
I really enjoyed the conversation that I had recently with Dan Kadlec on the NGPF podcast. With over thirty years as personal finance columnist (you’ve probably seen him in TIME and Money), we had a lot to talk about. When his dreams of being a sportscaster didn’t come to fruition, he focused his efforts on the business beat during the go-go 1980s. Dan describes what motivated him to shift his focus to educating young people about money through his work as a journalist, author...

NGPF Podcast: Tim Talks To Dr. Julie Heath About The Importance of Early Financial Education

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Nov 03, 2016
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Podcasts, Personal Finance, Financial Literacy, Teaching Strategies, Current Events, Audio Resource, Featured Teachers
I know that you will enjoy my recent conversation with Dr. Julie Heath, the Director of the Economics Center at the University of Cincinnati. An accomplished educator (Professor of the Year awards abound), researcher and passionate advocate, Julie has been at the vanguard of bringing financial education to elementary school students throughout the U.S. She founded SMART Tennessee in 2006 which has brought financial education to over 75,000 students in the state of Tennessee. We discuss her...

Investing Infographic: The Robo-Advising Trend is Real

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Nov 02, 2016
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Investing, Research, Index Funds, Teaching Strategies, Stocks, Current Events, Audio Resource, Article
Why is the infographic below so important? As educators, we need to rethink how we are teaching young people about investing, as robo-advising continues to grow. In six short years, this trend has gone from the realm of the start-up garage to a service offered by the leading investment management firms (Vanguard, BlackRock and Fidelity), who now have billions under management. How should we change our teaching methods? We will teach less about individual stock selection, P/E ratios, growth...

NGPF Podcast: Tim Talks to Ami Amero, A Financial Literacy Mainiac

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Oct 31, 2016
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Audio Resource, Paying for College, Budgeting, Teaching Strategies, Featured Teachers, Podcasts, Tips for Teachers
Thanks to Ami for joining me on the NGPF podcast for the second time (we had to scrap the first one due to a bug in the recording software). No, that’s not a typo in the title but rather a play on Ami’s home state of Maine. Ami teaches at a small school (listen to hear how small the school is), Forest Hills Consolidated in Jackman, and is passionate about getting more financial education to Maine students. She shares the thought process that went into designing her course, how she...

Audio: Three Minutes of Investing Insights

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Oct 04, 2016
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Audio Resource, Behavioral Finance, Research, Investing, Stocks
Here’s a three minute audio (at bottom of page) in which Dr. Bill Bernstein offers investing advice to millenials.  I am on a bit of a Bernstein kick; check out another recent post where he offers more detailed investing advice. He makes several points that I think are incredibly insightful for young people: Saving is more important than investing. All stock portfolio is optimal for a young person You don’t know your risk tolerance until you suffer through a bear market Start...

Question: How Can Fake Bank and Credit Accounts Impact Your Credit Score?

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Sep 28, 2016
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Article, Credit Scores, Credit Cards, Current Events, Credit Reports, Audio Resource, Financial Scams, Ethics
For those of you following the Wells Fargo fake account saga (some Senators might use more choice terms to describe their actions), your probably familiar with the details of millions of fake bank and credit cards that were set-up by overzealous branch employees trying to hit their sales quotas (I posted how this case is emblematic of why consumers better understand the sales incentive structure for financial products). Hat tip to Jessica Endlich for pointing out the additional harm that may...

NGPF Podcast: Tim Talks To Kristin Wong, Prolific Financial Blogger

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Sep 26, 2016
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Audio Resource, Behavioral Finance, Budgeting, Personal Finance, Financial Literacy, Podcasts
With hundreds of blog posts, articles and media mentions under her belt, Kristin Wong has her finger on the pulse of personal finance. We cover a lot of ground in this conversation on the NGPF podcast but what I found most interesting is Kristin’s recent revelations about money that have led to a dramatic shift in her money mindset. You will also learn how she comes up with material for her writing, where her interest in personal finance derives from and her favorite apps for managing...

A Few Good Resources and Inspiration...

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Sep 21, 2016
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Student Loans, Career, Paying for College, Research, Checking Accounts, Teaching Strategies, Current Events, Chart of the Week, Audio Resource, Article, Employment
Here are a few resources that I came across recently that you will enjoy: Podcast: Why is the milk in the back of the store?: This is a must listen to help students understand how retailers set up their stores to encourage certain behaviors (17 minute podcast on Planet Money) Video (3 minutes): Have you ever overdrafted (Pew Charitable Trust)?  Hat tip to Jessica for pointing me to this very informative video in which the videographer takes to the streets to find out what the people know...