Category: Budgeting

QoD: How much does the average player spend on Fortnite?

|
Feb 27, 2019
|
Question of the Day, Budgeting, Behavioral Finance
Answer: $84.67     Thanks to Yanely for the inspiration for this QoD! Questions: What do you think motivates people to make these in-game purchases? Name at least three. What are the ways that these developers “nudge” players to open up their wallets? Have you ever made any in-game purchases on other gaming sites? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (from LendEDU):  Fortnite, a...

QoD: What number was larger in 2018: Theater Box Office Sales or Netflix streaming revenues?

|
Feb 25, 2019
|
Question of the Day, Budgeting, Current Events
Answer: Movie Box Office Sales at $11.9 billion but Netflix is catching up quickly with $7.6 billion in 2018 Question: When you think about your movie watching habits, what percent of your time is spent watching movies on Netflix (or other streaming service) compared to the movie theater?  How does the price of a monthly subscription to Netflix compare to a movie ticket?  Do you go to movie theaters more or less than you did five years ago?  Netflix recently announced that they...

Interactive Monday: What are the rental costs in your community?

|
Feb 24, 2019
|
Interactive, Budgeting, Research, Math, Economics
Hat tip to Joy Tavano of North Kingstown High School (RI) who shared this resource in a recent PLC with Jessica. The site, rentdata.org,  has detailed information about average rents in every county in the U.S. and better yet provides the information on a historical basis back to 2006. Given that housing costs are typically the largest cost component in a budget, this interactive provides students with a sense of the cost of living in their community. For students who consider moving to...

Reading List for February 23-24

|
Feb 22, 2019
|
Financial Literacy, Behavioral Finance, Budgeting, Career, Paying for College, Investing, Retirement, Taxes
  Financial Literacy “Five Things High Schoolers Need To Know More Than Computer Science” from (Forbes). We all know what one of those things is!!! Budgeting The costs of being a woman: Why women end up with less money. (Beth Kobliner) Investing An interesting series of charts from Visual Capitalist shows where the breakdown of investments in 2018 Lyft has not become a verb like “Uber” has, but it looks like they will beat Uber with its IPO. (CNBC) Paying for...

Video: The Influence of Influencers

|
Feb 17, 2019
|
Advertising, Video Resource, Budgeting, Behavioral Finance
From Reuters:  Questions: Do you follow influencers on any of the social media platforms?  What makes you decide whether to follow a specific influencer? Have you ever bought anything that an influencer recommended on social media? Explain.  Why do you think that influencers are more effective than traditional advertising?  ------------------- Related content: Question of the Day; A YouTuber with over 1.4 million views a month can expect to earn about _____________ in...

Reading List for February 16-17

|
Feb 15, 2019
|
Personal Finance, Budgeting, Paying for College, Taxes, Retirement, Current Events
Personal Finance Valentines Day article: here is great pickup line: “Be my financially compatible Valentine?” (WSJ) For those fans of “personal finance on a postcard” concept, here are the rules of thumb according to (Money Maven). More on taxes from Michelle Singletary of the Washington Post, including what NOT to do if you find you owe the IRS money. (New tax laws > lower withholding > lower refunds, if any.) Budgeting Some fun celebrity facts to bring home the...

QoD: How much does the average adult spend on Valentine's Day?

|
Feb 13, 2019
|
Budgeting, Behavioral Finance, Current Events
Answer: $162 Questions:  What do you think are the most common items purchased on Valentine's Day? Try and name 5 and estimate their cost.  Are there Valentine's Day purchases that cost a lot more around the big day than they do the rest of the year? What economic principle explains that phenomenon?  Why do you think that fewer people are spending on Valentine's Day compared to a decade ago?  What are some low-cost ways to celebrate Valentine's Day without "breaking the...

Tech Tool Review: Honey

|
Feb 11, 2019
|
NGPF Fellows, Teaching Strategies, Budgeting
Teachers who attend our Summer Institute in Palo Alto become NGPF Fellows the following school year -- this Fellowship includes presenting with us at PD sessions, offering NGPF feedback on products, writing guest blog posts, ... the list goes on. I'm excited to feature a Tech Tool Review from Aric Weiker of Interlake High School in Bellevue, WA. Here's what Aric has to say... Tech Tool: Honey or Honey.com Cost: Free, but requires registration Use Case:  Honey is a coupon and...

QoD: What percent of overall grocery purchases are ordered online?

|
Feb 10, 2019
|
Budgeting, Research, Question of the Day
Answer: 3% Market share of largest online grocers in 2017 (Supermarket News) Amazon - 12.5% Walmart - 11.1% Kroger - 6.4% BlueApron - 5.5% Peapod - 5.3% Questions: Why do you think the number of people purchasing groceries online is so low? What is different about groceries compared to electronics or apparel which have much higher percentage of online sales?  What are the advantages and disadvantages of purchasing groceries online? Assume that most services charge a fee of $8-$10 per...

Reading List for February 9-10, 2019

|
Feb 08, 2019
|
Budgeting, Career, Investing, Economics, Paying for College, Advocacy
Advocacy/Legislation New bill would require students in Texas to pass financial literacy class. (KXAN) Paying for College A NEFE study shows that mandating personal finance education DOES make a difference when it comes to borrowing for college. Did you know that February is Financial Aid Awareness Month? Look out for more on this subject this month! Credit Looks like the CFPB will not pursue any rules to crack down on payday lenders as proposed in 2016. (NPR) (NYT)  This is open for...

Reading List for Feb 2-3

|
Feb 01, 2019
|
Economics, Investing, Taxes, Retirement, Budgeting
Economics A whopping 304,000 jobs were added in January, but December’s 312,000 was revised down to 222,000. Get all the details here: (NYT) Investing State Street basically invented the ETF, so why has its share of the ETF market steadily declined over time. (WSJ) December market performance was the worst since the Great Depression, but January was the best in 30 years!!! Talk about volatility! (CNBC) Budgeting Do your budgeting lessons include covering hospital bills? These stats...

Question of the Day: What percent of high school seniors have a driver's license?

|
Jan 21, 2019
|
Budgeting, Question of the Day
Answer: 71.5% Questions: Do you have a driver’s license? Why or why not? Why do you think fewer high school seniors are getting driver’s licenses? One cause might be the sharp increase in car insurance rates. Looking at the chart above, what year do you see the biggest decline? What might explain why fewer seniors had their licenses? What do you think this number will be in ten years? Explain your answer.  Here's the ready-to-go slides for this Question of...

Question of the Day: What is the most popular online service: purchasing used goods, using ride-hailing apps (e.g., Uber) or hiring someone for a task?

|
Jan 08, 2019
|
Question of the Day, Purchase Decisions, Budgeting, Career
Answer: Purchasing used goods Questions: Which of these online services are you familiar with?  Have you used them or know anyone who has?  Can you imagine having a "side hustle" involving any of these online services? Explain. What do you think will be the most popular online service in 5 years?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Pew Research): Some of these services...

Best of 2018...NGPF FinCap Fridays

|
Jan 04, 2019
|
Budgeting, FinCap Fridays, Financial Scams, Career, Current Events, Employment, Generosity
We added FinCap Fridays to our resources in mid-August. Teachers asked for a creative and engaging way to bring current events into their classroom and we listened. A 5-7 minute FinCap Friday kicks off with a 5 question Kahoot + Yanely's explanation of the current event and why it matters + a discussion prompt to keep the conversation going + additional activity ideas if you want your students to dig deeper. With over 50,000 student Kahoots played since its August launch, FinCap Fridays have...

Best of 2018...NGPF Questions of the Day

|
Jan 03, 2019
|
Question of the Day, Career, Budgeting, Credit Cards, Employment, Current Events, Personal Finance
Questions of the day a.k.a. "bell-ringers" are a great way to get the conversation started about a money topic. What makes a good question of the day? It's relevant, timely and thought-provoking. Subscribe here and you will get a daily Question of the Day delivered to your inbox during the school year. See how many of these top 10 QoD from 2018 you can answer:) #`10: What 3 jobs are projected to be the fastest growing over the next decade? #9: What percent of 18 year old college students have...