Jul 12, 2019
Financial Literacy, Economics, Investing, Career
North Carolina passed legislation requiring students to take a financial literacy class for high school graduation. The required class is actually a full year course covering economics and personal finance, and the law requires teacher training. (MarketWatch)
Mark Hulbert argues the underlying issue behind poor financial outcomes is more behavioral than ignorance. (MarketWatch) I tend to think this argues for inclusion of behavioral finance in financial literacy...
Jun 14, 2019
Career, Investing, Credit Scores, Cryptocurrencies, Financial Literacy, Parent Conversations
Here is a fun one! Take a look at these wacky job titles. It might be fun to have your students guess what each one might mean! (Indeed.com)
Forbes provides another list – this time it is the best employer in each state. Can you guess the best employer for your state? (Forbes)
This article explains how smart use of a secured credit card can help you build or boost your credit score. Now Amazon is getting into this game. (NYT)
"The Financial Health Network...
Jun 02, 2019
Question of the Day, Career, Employment
5. Landscaper (est. $2,200/month)
4. Delivery driver (est. $2,300/month)
3. Dog walker (est. $2,500/month)
2. Golf caddy (est. $2,500/month)
1. Lifeguard (est. $2,800/month)
Do you have a summer job? If so, how did you get it?
How would you describe the local job market for teens for this summer? What are the most popular jobs for teens?
What do you think are the benefits of having a summer job?
If you have a summer job, do you have a savings goal for the...
May 21, 2019
Chart of the Week, Career, Employment
Note: Opportunity jobs are those that don't require a bachelor's degree.
Are you surprised to see any of these jobs on the list as you assumed they required a bachelor's degree?
There has been much talk of automation recently. Which jobs do you think are most at risk of being replaced through automation?
47% of Bookkeepers have a bachelor's degree while 53% do not. Who do you think has more job security and a higher wage: the bookkeeper with a bachelor's degree of the...
May 20, 2019
Career, Question of the Day
Hat tip to Beth Tallman (via Big Picture blog) for this QoD.
Do you see a pattern with the highest paying jobs for this year's college grads?
What do you think are the factors that determine the salary of a recent college grad?
Does seeing information like this impact how you think about your college major?
Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (via Bloomberg):
The Class of 2019 is getting...
May 17, 2019
Financial Literacy, Economics, Investing, Parent Conversations, Career, Current Events
New GFLEC study was released and teachers support mandated personal finance. (PRN Newswire)
Tony Isola gives his take on the likely success (or lack of it) of mandated personal finance classes. The issue is not with the concept or the teachers…it is more about the structure of schools.
The Higher Ed headlines move from Varsity Blues to SATs new score. An “Adversity Score” being added to SAT scores. The student won’t know what...
May 05, 2019
Career, Question of the Day, Research, Chart of the Week
Examples of various types of workers:
Routine cognitive workers = bookkeepers, filing clerks, bank tellers
Routine manual workers = assembly line workers or workers in warehouse
Nonroutine manual workers = service occupations
In your own words, what is a knowledge worker?
What are examples of the types of jobs that a knowledge worker has?
How do you prepare to become a knowledge worker?
Which job types tend to be most affected by a...
Apr 30, 2019
Chart of the Week, Career, Employment
From Visual Capitalist:
Rank order these factors from most to least important when selecting a job/career: salary, workplace factors, stress and growth.
Does a list like this motivate you to research one of these jobs that you are less familiar with? If so, which one(s)?
Is there a common theme or pattern to the jobs listed above? Explain.
More from Visual Capitalist: Comparison of careers along a 2X2 Matrix:
Looking for more graphs/charts...
Apr 26, 2019
Financial Literacy, Paying for College, Career, Payment Types, Investing, Economics
Interesting data/graphs in this piece from pymnts.com on Americans’ inability to save money and how they manage their bills and debt.
(Forbes) lists the six things high school graduates should have access before moving on in life….and yes, financial education is #1.
Could early financial education lead to higher earning? (Benzinga)
There are great anecdotes in this piece about not making your personal finance lessons (books, blogs, etc.) too...
Apr 19, 2019
Financial Literacy, Career, Investing, Behavioral Finance, Payment Types, Retirement, Current Events
NGPF is in this list of quality free curriculum (and training) for personal finance teachers—no excuse for not being prepared!(Marketwatch)
Need some inspiration this weekend? Read this Marketwatch piece about Troy Murphy’s pursuit of spreading financial literacy. NGPF fellow Kerri Herrild’s Giving Project and Daniel LaSalle’s Philly Financial Cooperative are the beneficiaries of Troy’s work. Then listen to the podcasts Tim has done with all...
Apr 16, 2019
Chart of the Week, Employment, Career
What pattern do you see in this line graph?
Between what decade do you see the most significant drop in summer employment for 16-19 year olds?
How does summer employment in the 1970s and 1980s compare with 2017?
Why do you think there has been such a sharp drop in summer employment for 16-19 year olds?
Behind the graph (Pew)
The decline of summer jobs is a specific instance of the longer-term decline in overall youth employment,...
Apr 15, 2019
Career, NGPF Fellows
This guest blog post comes to you courtesy of NGPF Fellow Aric Weiker of Interlake High School (WA).
Student Resume Whine: “But I don’t have ANY experience…”
Templates and checklists are great, but students still struggle to include examples of relevant work experience and leadership when crafting resumes. In a typical class, more than three quarters are starting resumes from scratch and these are the same students who need the most...
Apr 12, 2019
Financial Literacy, Investing, Payment Types, Career, Cryptocurrencies, Current Events
Our second list of Financial Literacy Month includes some extra articles on the topic.
An interview with the CEO of Chase Consumer Banking highlights her passion for financial literacy. (NYT)
Annamaria Lusardi presents data/research on why financial literacy matters. (CNBC)
Along similar lines, the St. Louis Fed discusses what financial literacy is. (St. Louis Fed)
MarketWatch republished one of Jonathan Clement’s Humble Dollar posts with the 45 steps to having a...
Apr 09, 2019
Question of the Day, Career
Answer: Accommodation and Food Services (Establishments providing customers with lodging and/or preparing meals, snacks, and beverages for immediate consumption)
Which job has seen the most growth since 2000? the biggest decline?
Do you have plans to get a job this summer? If so, describe your plans.
What are some of the benefits of working over the summer?
Why do you think that the number of retail jobs for teens has been declining?
Apr 07, 2019
Employment, Personal Finance, Advocacy, Career
This email from a Delaware teacher greeted me yesterday. It came from a student of hers [Bold is mine]:
I wanted to inform you that after we learned about pay cards in class I let my friend who was threatened with termination after being offered a pay card know that it was in his legal rights to decline that method of pay. He was extremely excited and wanted to let you know that he is very thankful. He says that Kansas City is not an easy place to find a teen job. After finding out that he is...