About the Author

Hari Vasu-Devan

As a young Indian immigrant, Hari was extremely privileged to learn about financial literacy by way of his parents....

Author: Hari Vasu-Devan

The Retail Industry Changed Last Week...NGPF Has Resources Aligned To These Current Events

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Jun 18, 2017
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Current Events, Career, Index Funds, Investing, Financial Literacy, Stocks, Purchase Decisions, Economics
This has been a big week of news related to the Retail Industry in the U.S., with implications for the economy, jobs, shoppers, and investors. This post will explain the big events for the week, their implications for you and your students while also providing activities and lessons that are aligned to these current events. What’s Happening? US Retail Sales declined month-over-month in May, suffering its biggest decline in 16 months.  Coupled with lower inflation, this data suggests...

Do Your Weekly Lunches Cost You $90,000 in Retirement Savings?

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Jun 14, 2017
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Chart of the Week, Behavioral Finance, Budgeting, Personal Finance, Article, Math, Retirement
“US households spent $3,008, or about $8.35 a day, on average, eating out in 2015… Investing $3,008 each year… would add up 30 years later to… more than $250,000.  Similarly, investing $3.50 a day for 30 years instead of buying a latte would add up to savings of nearly $107,000”. (USA Today, June 2017) _________ We all know that it is hard to save enough for retirement.  Financial education teachers also know that students sometimes struggle to relate decisions...

Econ Roundup: Latest Jobs Report Indicates a Healthy Economy, But Are There Warning Signs?

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Jun 05, 2017
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Career, Current Events, Chart of the Week, Employment, Math, Economics
The latest Bureau of Labor Statistics (BLS) Employment Situation Summary report, commonly referred to as the “non-farm Payrolls report”, was released this past Friday, June 2.  138,000 new non-farm jobs were created in the month of May,  which was 47,000 jobs lower than the forecast for 185,000 new jobs, while the unemployment rate fell to 4.3% from 4.4% the previous month (BLS, June 2017).  What indication does this data provide about the health of the US economy (MarketWatch,...

What is Bitcoin and How Does Cryptocurrency Work? (A Primer)

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Jun 01, 2017
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Current Events, Identity Theft, Investing, Financial Literacy, Payment Types, Article, Math, Cryptocurrencies, Economics
Recently, Bitcoin, the most famous of the cryptocurrencies, has soared to all-time highs (Fortune, May 2017), increasing the amount of press attention and internet searches (Google Trends, May 2017) surrounding the little-known digital currency.  We’ve also heard this question from many of our users, “what is Bitcoin and what do my students need to know about cryptocurrencies”?  You are not alone!  83% of respondents in a 2015 survey conducted by PwC were “slightly...