Nov 05, 2019
Video Resource, Career
Thanks to Brian Page for spending 20+ hours combing through and sharing this with the community!
He created a spreadsheet of careers that don’t require a 4 year degree, aren’t in a declining career field, and in most cases pay more than $30K. He did this for classes filled with non-college bound students and showed a 90 second career video to begin most of these classes and dubbed it "Career of the Day." He linked to the YouTube videos (click here) because the Career One...
Nov 03, 2019
Question of the Day, Career, Paying for College
Answer (from Gap Year Association report):
Gain life experience and personal growth
Travel, see the world, experience other cultures
Take a break from traditional academic track
Would you ever consider taking a gap year after graduating high school? Why or why not?
If you could take a year off after high school (“gap year”), what are some ideas on how you could use that time?
Click here for the ready-to-go slides for this Question of the Day that you can use in...
Oct 27, 2019
Career, Question of the Day, Employment
Thanks to Sonia for finding this chart!
Why do you think that people have such high trust in nurses?
Many of the lower trust professions are finance-related (bankers, real estate agents, car salespeople). What is it about those jobs that leads to this lack of trust?
How can you protect yourself in situations where you are buying a car or house and don't trust the car salesperson or real-estate agent?
Here's the ready-to-go slides for this...
Oct 25, 2019
Investing, Financial Literacy, Economics, Credit Cards, Credit Scores, Career
We will start this week’s list with this mind-blowing headline: “Tesla overtake GM as most valuable automaker.” (Reuters)
Comparing today’s IPO environment (the “Not-Com Bubble?”) to the “dot-com” bubble of 2000. (The Atlantic)
A look at programs that bring experiential, hands-on learning about money into the classroom. (Reuters)
The New York Times reviews three of the most popular personal finance books....
Oct 18, 2019
Current Events, Financial Literacy, Cryptocurrencies, Student Loans, Financial Scams, Career, Budgeting, Taxes
Rather than focusing on life events, banks are now basing their products and marketing on everyday financial decisions, getting into the financial wellness business. (The Financial Brand)
Is your credit card debt making you sick? A detailed study by CarefulCents.com finds the answer if “yes.” (PRNewswire)
Here is an article from The Economist that discusses the demise of cash across the world’s economies. (For more detail...
Oct 15, 2019
Chart of the Week, Career, Employment, Insurance
Stumbled upon this visualization on the Census Bureau website which provides state level data on a variety of economic factors, including:
Commuting to work (mean travel time)
Computer and internet access
Education (percent of high school graduates)
Health insurance coverage
Here's the map with commute times by state:
Go through each of the economic factors listed for your state and list the data for your state (e.g., our state has a...
Oct 13, 2019
This Work Wise interactive from Bloomberg has students complete a brief questionnaire to find out...
After you complete this survey, the interactive takes you through a series of steps:
Shows how your income stacks up relative to your peers cuz we know that we all love to know information like this.
Provides tips on how you can increase your current salary
Tells you what city you could move to in order to earn more money in your given profession (surprised to learn that personal...
Oct 11, 2019
Behavioral Finance, Cryptocurrencies, Investing, Financial Scams, Career, Retirement
An interesting dive into gender and money: The Myth of the Frivolous Female Spender (NYT)
A longer read from Knowledge@Wharton discussing how FinTech may be helping the underbanked and unbanked. The risk is that many of these services fly under any regulatory radar.
Mark Zuckerberg will face Congress to talk about Facebook’s proposed crypto-currency Libra. He will face a tough crowd, (Axios) and now several backers (Visa,...
Sep 24, 2019
Question of the Day, Budgeting, Behavioral Finance, Career
At what age would YOU find it embarrassing to still be living at home with your parents/guardians? Explain.
At what age do you hope to be out on your own and not living at home with your parents/guardians?
Can you name a few reasons why adult children are living at home?
Do you think if you were to live at home after high school/college that you would be expected to contribute to household expenses? Why or why not?
Click here for the...
Sep 20, 2019
Current Events, Economics, Investing, Paying for College, Career, Retirement
Here is a snapshot of the state of financial education in the US by none other than NGPF Fellows, Courtney Poquette and Kayla Bousom, along with NGPF co-founder Tim Ranzetta. (MarketWatch)
Arizona State Treasurer discusses the importance of financial education. (Personal Finance curriculum is part of the economics course Arizona high school students must pass to graduate.) (USA Today-AZ Central)
Employers are now filling the financial literacy gap with twice as many...
Sep 15, 2019
Question of the Day, Career
Which majors do you think are more likely to lead to a job in that field?
What steps can you take to prepare yourself for employment, regardless of which major you choose?
Given that almost 3/4 of college grads end up in fields that are not related to their major, do you think it's a good idea to consider multiple majors while in college?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers...
Sep 10, 2019
Career, Paying for College, Chart of the Week
Good reminder of the value of education on one chart:
What headline would you give to this chart?
Your friend says "education isn't worth it!" Agree or disagree with them using evidence from the chart.
What is the difference in weekly earnings for a person with a bachelor's degree (four year college) compared to a person with a high school diploma? That is the weekly difference, what would be the annual difference?
Fill in the blanks by picking one of the terms:...
Sep 06, 2019
Current Events, Advocacy, Investing, Cryptocurrencies, Paying for College, Career, Employment
Liz Frazier pens a compelling piece for Forbes magazine listing five reasons personal finance should be taught in schools. She is preaching to the choir here, but perhaps her approach will get through to the general public, and one might find this a concise source of supporting arguments and statistics for your personal quest.
Carrie Schwab-Pomerantz explains her efforts as President of the Charles Schwab Foundation to promote financial literacy (Yahoo Finance)
An academic study out of...
Sep 03, 2019
Chart of the Week, Career, Research
There's a lot going on in this chart:
The blue bars measure the # of movers with the scale on the left hand side. For example, in 2018, it appears that 32 million people (scale is in thousands) moved.
Black line shows the Mover Rate (percentage of people moving in a given year) with the scale measured on the right side of the graph. For example, in 2018, the mover rate was about 10%.
What do you think are the reasons that people move?
What's the overall trend in...
Aug 31, 2019
Current Events, Credit Reports, Index Funds, Investing, Credit Cards, Checking Accounts, Career
We all know that things are always changing in the world of Personal Finance. We bring you a weekly reading list of news related to Personal Finance, Economics, and other topics relevant for teachers, but what if you want to hone in on what’s been happening in just one topic?
This year, the “What’s New With” series of blogs is a bit different than in the past. We are pulling in fewer articles on each topic, but going into more depth within the blog to explain what has...