Category: Budgeting

What has larger sales when they launch: blockbuster movies or video games?

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Nov 14, 2018
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Budgeting, Question of the Day, Current Events
Answer: Video games  Questions: Are you more likely to pay for a new video game or to see a new movie? Why? Do you think of movies and video game purchases as wants or needs? Explain. What makes blockbuster video games popular? Blockbuster movies? How do you know when something is popular?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Statista) Red Dead Redemption 2, one of...

What have been the top 10 NGPF Questions of the Day?

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Nov 12, 2018
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Question of the Day, Insurance, Budgeting, Career, Credit Cards, Paying for College
A little over a year ago, we made the fateful decision to produce a new Question of the Day for every day during the school year. Over 250 questions later, we're still going strong. I thought it would be fun to go back and see what questions garnered the most pageviews to try and tease out some themes. Announcing NGPF's top 10 Questions of the Day since October 15, 2017: 10. What's the average lifespan of a toy fad? 9, What color car is more costly to insure: red or black? 8. What are teens...

Question of the Day: What percent of teens say brand is most important when making a purchase?

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Nov 11, 2018
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Question of the Day, Behavioral Finance, Budgeting, Research, Current Events
Answer: 45% Here's a video that explores the brain science behind why we love brands (from NGPF Video Library)  Questions: With what purchases do brands matter most to you? All purchases, only some or none at all?  What are your favorite brands? Can you explain what you think these brands say about you?  Why do you think that teens, in particular, tend to have the strongest affinity to brands?  Optional: What are two takeaways you got from watching the video?  Click...

Question of the Day: What is the top footwear brand among teens?

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Nov 04, 2018
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Budgeting
Answer: Nike Questions: How important are brands when you making decisions about footwear? Explain. Has your choice of brands evolved as you moved from middle school to high school? What are the different choices that you are making? As you look around at what your friends and other students at your school are buying, what do you think are the most popular brands?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom....

Burritos, Coffee or Hamburgers: Which had the largest increase in prices in the last year?

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Oct 31, 2018
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Budgeting, Economics
Answer: Coffee with 8.9% increase Questions: Why do you think prices for these items are increasing? Have you noticed other items that you typically buy going up in price?  Why do you think inflation matters? If someone's pay goes up 3% and prices (inflation) go up 4%, have they gained or lost purchasing power? Explain.  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (WSJ; subscription...

Question of the day: How much does the average person spend on Halloween candy and costumes?

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Oct 30, 2018
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Question of the Day, Budgeting
Answer: $86.79 Questions: How much do you think your family spent on Halloween candy this year? on costumes? How do you typically celebrate Halloween? How much do you think you have spent over the past 3-4 years to celebrate Halloween? Would it surprise you to learn that Halloween is the second most popular holiday in terms of consumer spending? Why do you think it's so popular? Click here for the ready-to-go slides for this Question of the Day that you can use in your...

Question of the Day: Amazon is called the "Everything Store." How many products do they carry?

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Oct 22, 2018
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Current Events, Budgeting, Behavioral Finance
Answer: 562 million! Questions: With so many items in their "store," do you find it easy or difficult to find what you are looking for on their website?  What can Amazon do that a traditional brick and mortar store cannot do?  A typical Costco store only carries about 4,000 items and is succeeding based on consumer demand. How do you think they can compete against a company like Amazon?  Here's the ready-to-go slides for this Question of the Day that you can use in...

FinCap Friday: From Catalogs to Clicks

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Oct 18, 2018
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FinCap Fridays, Current Events, Behavioral Finance, Budgeting
This week's FinCap Friday tackles the changing retail environment. The big news of the week involves what was once one of America's largest retailers...yes before Wal-Mart and before Amazon this was the company where everyone shopped. Yanely leaves your students with some shopping tips in this new digital world. Without further adieu...From Catalogs to Clicks: -------------- This is the 10th in our FinCap Friday series, check out the others in our FinCap Friday library. ...

Financial Education According to Danielle: Store Credit and How Retailers Trick You to Sign Up

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Oct 18, 2018
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Budgeting, Current Events, Behavioral Finance
Seemingly every major retail chain is offering a branded credit card to their customers.  You’ve heard it before - “would you like to sign up for our credit card and get 15% off of today’s purchase?” What’s a good deal for the store may not be a good deal for you. Watch out for these retail tricks and think twice before buying something you don’t need on store credit - you may end up getting more than you bargained for. “You can get X% off your...

Question of the Day: What is the length (in minutes) of the average commute?

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Oct 16, 2018
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Budgeting, Question of the Day, Research, Current Events
Answer: 26 minutes Questions: Why do you think the average length of commute has risen by 20% between 1980 and 2016? How important is the commute for you when it comes to looking for a job? Explain. Other than time, what are the additional costs of commuting?  What do you think is the relationship between commute length and rental cost (for an apartment)? The shorter the commute to work...the ____________ the rent. Explain.  Here's the ready-to-go slides for this Question...

Question of the Day; What percent of 18-29 year olds have a primary care doctor?

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Oct 14, 2018
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Question of the Day, Budgeting, Current Events, Research
Answer: 55% Questions: In your own words, what is a primary care doctor?  Do you think that having a primary care doctor is important? Why or why not? For the 45% of 18-29 year-olds that don't have a primary care doctor, who do you think they turn to when they have a health problem?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Chicago Tribune):  A national poll of 1,200 randomly selected adults...

Convenient or Dangerous?: The “One-Click Wonders” of Online Retail

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Oct 11, 2018
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Budgeting, Current Events, Behavioral Finance
Online retailers are finding shorter and simpler ways to reach shoppers’ hearts and wallets.  By reducing the number of steps required to place an order, Amazon, Domino’s, and others are hoping to boost their sales by making your life easier.  The ultimate consumer convenience, these new “one-click wonders,” could be dangerous to the financial health of those with weak impulse control.   One such “one-click wonder” is the Amazon Dash...

Question of the Day: Which app generates the most sales in the iTunes Store?

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Oct 02, 2018
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Budgeting, Current Events, Question of the Day
Answer (as of 9/27/18): Fortnite Here are the top 10 grossing apps (Apple iTunes Store data) :  Questions: Have you ever paid for an app? If so, did you pay to download it and/or make an in-app purchase?   Do you think that the #1 app will still be atop the list in one year? three years? Explain your answer.  Analyzing the top 10 list, what do you think makes an app popular?  Here's the ready-to-go slides for this Question of the Day that you can use in your...

What's Trending on The Blog?

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Sep 28, 2018
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Budgeting, FinCap Fridays, Checking Accounts, Career, Paying for College
Here's the new posts that have been trending on the NGPF Blog over the past month: FinCap Friday: Famous and Frugal Question of the Day: What percent of 18-24 year old anticipate using a bank branch over the next 10 years?  Interactive Monday: What's the Level of Education In Your County?  Interactive Monday: Who's Been Working in America?  Chart of the Week: What is the Most Popular College Major?  ----------------- Want two posts a day delivered to your inbox? Subscribe...

Question of the Day: What's the average annual car insurance rates for a 16 year-old driver with their own policy?

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Sep 18, 2018
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Insurance, Question of the Day, Budgeting, Research
Answer: $6,930 Questions: Why do you think that 16 year olds have such high car insurance premiums?  What other factors, other than age, do you think that car insurance companies take into account when setting premiums?  If you currently drive and have your own insurance or are on your parent's/guardian's policy, do you know what the cost is?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the...