About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Author: Tim Ranzetta

NGPF Podcast: Tara Falcone of ReisUp on the financial education that every college student needs

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Jul 03, 2020
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Podcasts
She left the lucrative world of hedge funds to pursue her passion and founded ReisUp. Her mission: help others understand the complex world of finance. In this podcast, Tara will share her experiences on Wall Street and her motivation to choose the (entrepreneurial) path less traveled. Hear Tara's perspectives on what college students need to know to succeed in their future financial lives in this engaging conversation. Enjoy! Details: 0:00~1:48 Introduction 1:48~5:51 Early money lessons...

NGPF Podcast: Winston Justice on the transition from the NFL to the world of finance

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Jun 26, 2020
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Podcasts
Winston Justice is always thinking ahead and preparing for the future...whether it was choosing football despite his basketball ambitions in high school or planning for life after the NFL. He's also someone who has a strong ethos of "giving back." As the winner of the prestigious Walter Payton Philadelphia NFL Man of the Year award, Winston was recognized for his contributions off the field which he shares in our conversation. Finally, Winston details why he cares so much about financial...

NGPF Podcast: Matt Frankel of The Motley Fool on personal finance in age of pandemic

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Jun 20, 2020
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Podcasts, Personal Finance
Details: 0:00~1:39 Introduction 1:39~2:45 Origin story of Motley Fool 2:45~3:43 Writing process 3:43~5:15 Most popular articles 5:15~9:31 Teaching background as a math teacher 9:31~12:15 Incorporating personal finance lessons into math classes 12:15~15:13 The stock market and the economy today 15:13~17:26 The increase in investors during the pandemic 17:26~22:26 Racially responsible investing 22:26~22:50 A word from NGPF 22:50~24:56 Types of socially responsible investing 24:56~27:36 Impact of...

NGPF Podcast: Kartik Adimulam and Gautam Rajan are high schoolers on a mission to develop fiscally responsible individuals

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Jun 12, 2020
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Podcasts
Kartik and Gautam's non-profit, Financing the Future, has a powerful mission: To foster a community of self-reliant, independent, fiscally responsible individuals. In the podcast, Kartik and Gautam share how they learned about personal finance (including their favorite books), their entrepreneurial journey, and why they believe that ALL students should learn finance in high school. Inspiring stuff!  Details: 0:00~1:04 Introduction 1:04~3:03 The two students’ backgrounds...

Question of the Day: What are the most important job skills for which employers see the biggest gap in preparedness among college students?

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Jun 10, 2020
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Question of the Day, Career
Thank you for being regular users of NGPF's Question of the Day. This will be the final QoD for the 2019-20 school year. Please drop me a line at tim@ngpf.org to let me know your favorite question of the year or tell me about the creative ways that you use them. I hope that these questions launched thousands of great discussions in classrooms across the country. Thank you and enjoy your summer!  ---------------------- Answer: Top 6 skills that employers identified as having largest gap...

Today (June 10th) is the last day to apply for 3 year Nearpod License Grant from NGPF

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Jun 09, 2020
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Personal Finance, Teaching Remotely
NGPF is providing Nearpod License grants to 1,000 educators for a three year period. We want to provide you with the peace of mind of knowing you have a tool that works well for both in-person and remote teaching situations.  For those of you who have attended NGPF Virtual PDs, you know how engaging the Nearpod experience is. Polls, collaboration boards, quizzes, Climb to the Top, open-ended questions, Draw it...and so many other engagement strategies.  Apply before 11:59pm on...

Question of the Day: February of 2020 marked the end of the longest economic expansion in U.S. history. How many months did this expansion last?

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Jun 09, 2020
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Question of the Day, Economics, Behavioral Finance
Answer: 128 months Questions: What happened in February that led the economy to shift from expansion to a recession, which is a period of economic decline?  How do you think that consumer mindset changes during a recession in terms of their buying behavior?  Do you think that people tend to save more during a recession or during an economic expansion?  The expansion lasted 128 months, how long do you think the current recession might last?  Click here for the ready-to-go...

NGPF Podcast: Bolun Li of Zogo Finance on getting the incentives right to encourage financial literacy

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Jun 06, 2020
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Podcasts, Entrepreneurship
  Details: 0:00~0:55 Introduction 0:55~1:41 What Bolun does for his day job 1:41~2:20 On attending classes online 2:20~3:36 Early money lessons 3:36~4:07 Favorite personal finance book 4:07~7:20 Cultural differences in approaches to personal finance 7:20~8:51 Bolun’s first job 8:51~10:29 Idea for Zogo 10:29~11:44 Zogo’s business model 11:44~12:02 A word from NGPF 12:02~13:50 How the modules work and what they teach 13:50~16:06 Levels of user engagement 16:06~17:13 Impact Zogo...

We Stand Together Against Racism

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Jun 04, 2020
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Personal Finance
We stand together against racism and remain committed to the bedrock social justice principles that our organization was founded upon. We stand together with our Black teammates, educators and students in the fight against racism in our quest to create a more equitable world.   George Floyd. Ahmaud Arbery. Breonna Taylor. And countless others, some known through the media while so many others are known only to their loved ones or their communities. Their names, their killings, the...

Question of the Day: Do investors buy stocks in companies based on TV commercials?

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Jun 03, 2020
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Question of the Day, Behavioral Finance, Investing, Stocks
Answer: YES Questions: Why do you think that investors buy stocks in companies after they see a TV ad on those companies?  Are there ads or commercials that you have seen over the past week where you think "Hmmm...that could be a good investment?" Do you think this is a good idea? What other research might you want to do before making a decision to buy stock?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.  Behind the...

Question of the Day: Excluding rent or mortgage payments, what is the most expensive monthly bill paid by households?

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Jun 01, 2020
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Question of the Day, Budgeting, Purchase Decisions
Answer: Auto loans Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.  Questions This research focused on bills that are paid by households. What other major costs would show up in a typical household budget?  4 of the 9 monthly bills have this word in them. What is it?  Which billing category above do you think families may be looking to reduce now? ------------------------ A great way to end the year is with our Salary-Based...

Question of the Day: What grocery item saw the sharpest price increase in April 2020: Eggs, Fruits and Veggies or Meats?

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May 31, 2020
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Purchase Decisions, Question of the Day, Budgeting
Answer: Eggs Questions: What normally is the cause of higher prices on grocery items? Why do you think prices rose so quickly in April?  How do you think consumers react when prices of certain grocery items go up? Do they stop buying them, buy less or still buy the same amount or more? Do you anticipate these prices to continue to increase in the month ahead? Why or why not?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom....

NGPF Podcast: Jean Chatzky on personal finance in age of pandemic

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May 29, 2020
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Podcasts, Personal Finance, Budgeting, Savings, Investing
It was a great honor to host Jean Chatzky recently on the NGPF podcast. Author, analyst, commentator, columnist, entrepreneur, educator and if you listen to the podcast...there's even more. Jean shares why she is so passionate about financial education, how her mother influenced her attitude about gender roles when it came to money and what happened when she traveled to Vegas to talk mutual funds with basketball star Dennis Rodman. In a lightning round of Q&A, Jean shares her insights on...

The Simple Math of Finance Education: A $36 return for every $1 invested

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May 28, 2020
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Personal Finance
This research report released in April, Financial education affects financial knowledge and downstream behaviors, clearly demonstrates what educators already knew: financial education works. Yet, as we see from our updated analysis only about 1 in 5 students attends a high school that ensures students cross that graduation stage having taken a one semester personal finance course.  So, how do we bridge this gap between the promise of financial education and the reality? What is that...

Question of the Day: What were the five most popular Questions of the Day for the 2019-20 School Year?

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May 27, 2020
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Question of the Day, Budgeting
See how well you can do with the top 5 questions from this school year: What percent of 18-34 year olds are investing in the stock market? What percent of U.S. millionaires are professional athletes? What percent of college graduates end up working in the field of their major? What will your credit score be after your first six months of making on-time payments? Would you rather have $1,000,000 or start with a penny and double your money every day for 30 days? Answers: 37% of 18-34 year olds...