Category: Case Study

Evolution of a Case Study or Why We Love Feedback!

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Mar 17, 2016
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Budgeting, Savings, Case Study, Featured NGPF Lesson
At NGPF, we’re always signing off newsletters, product launches, and emails with some rendition of “Let us know how it goes in your classroom! We love feedback!” Here’s a little story highlighting why we crave feedback so much: Tim & I are teaching a two-month, 24-hour personal finance course at Eastside College Prep in East Palo Alto (where NGPF was born!), which is one of our limited times to try our materials LIVE, in person, with real students, as we play the...

Day 10 of the 24 Hour Personal Finance Course: How Do I Budget? Case Study

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Mar 14, 2016
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Budgeting, Teaching Strategies, Case Study
Today was day 10 of the course and the final day of our 3-day budgeting unit. We did the How Do I Budget? case study from our regular NGPF curriculum. This was my first time (ever, in life) implementing a case study in my classroom, so it was a brand new experience — always a great way to kick off a Monday — and I figure you’re best served by hearing my after-the-fact implementation strategies.  Strategies I had the foresight to plan for: Eastside classes are 90 minutes, and...

Day 7 of the 24 Hour Personal Finance Course: Save Me! Case Study

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Mar 06, 2016
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Paying for College, Savings, Student Loans, Case Study
The 90 minute class at Eastside last week focused on the Save Me! case study. Observations: Synopsis: Two friends have very different savings habits. The saver (Samuel) is dissatisfied for a number of reasons and the non-saver (Juan Carlos) is surprised to discover that he now needs to save $4,000 for each year of college Students spent first 45 minutes reading the case, answering the questions in the case and manipulating the savings variables (hours worked, pay per hour and savings rate)...

Day 5 of the 24 Hour Personal Finance Course: Checking Account Case Study

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Feb 11, 2016
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Behavioral Finance, Savings, Checking Accounts, Teaching Strategies, Case Study, Tips for Teachers
Closing out our checking unit yesterday, the students completed the NGPF case study, Bank On This. Here is how the 90 minute class proceeded: Two Google slides to prep the class Case study prep: how students should think about reading, analyzing, answering questions and discussing a case study Time allocations Work independently to read and answer questions in case (30 minutes, which was about right; those who finished early had a checking account reconciliation activity that wasn’t...

It's A New Year...New Case Studies from Next Gen Personal Finance

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Jan 08, 2016
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Credit Scores, Activity, Personal Finance, Mutual Funds, Savings, Teaching Strategies, Stocks, New Products, Purchase Decisions, Case Study, Credit Reports, Financial Scams
For those of you who have resolved to bring the case study method to your classroom, we used the holiday break to add FIVE new cases to NGPF Case Study library. For those of you who missed our initial launch in September, here are some answers to your questions: NGPF Case Studies FAQ What is an NGPF Case Study? Here are the main characteristics of an NGPF Case Study: Puts the student in the center as a decision maker Involves students taking on a role, such as peer advisor or counselor,...

Next Gen Personal Finance Has.....Case Studies!

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Sep 24, 2015
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Paying for College, Budgeting, Credit Cards, Personal Finance, Investing, Checking Accounts, New Products, Case Study
If it’s a Thursday in September, it must be another NGPF Product Release. We are excited to introduce NGPF Case Studies, which provides you with another tool in your tool box to hone your students’ decision making skills.  To jump right in, click the link above.  For additional support, read on… NGPF Case Studies FAQ What is an NGPF Case Study? Here are the main characteristics of an NGPF Case Study: Puts the student in the center as a decision maker Involves students...

A Tale of Two Credit Scores: A Case Study

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Jun 30, 2015
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Credit Scores, Activity, Credit Cards, Case Study, Credit Reports, Excel Activities
I have been working on a case study to help students understand credit scores.  Let me know what you think about my draft. Contact me at tim@nextgenpersonalfinance.org if you have any comments or just want the answer key: A Tale of Two Credit Scores: A Case Study Staring at the two student files on your desk, you know that you only have a few minutes to review them before your afternoon meetings. Your role as peer financial advisor provides you not only with the opportunity to help others but...

April 13th Activity of the Day: The Case of the High School Senior With a $72 Million Portfolio…

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Apr 13, 2015
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Activity, Investing, Stocks, Current Events, Case Study, Financial Scams
Late in 2014, a story in New York Magazine caught my attention because it seemed too preposterous to be true, Because a Stuyvesant Senior Made Millions Picking Stocks. His Hedge Fund Opens As Soon As He Turns 18.  As I dove into the story further, I thought, what a great way to let students put on their accounting detective hats and figure out if the story was credible.  As they complete the NGPF Case Study, your students will familiarize themselves with investing terms like hedge fund,...

April 10th Activity of the Day: The Case of the Missing Millions

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Apr 10, 2015
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Activity, Investing, Stocks, Current Events, Case Study
Happy Friday!  A 401(k) can be a difficult topic for high school and college students whose idea of long-term thinking might be their plans for this weekend.  This NGPF Activity “Case Study:  401(k) Missing Millions” asks students to play financial detectives to figure out why Boeing’s 401(k) plan is missing millions of dollars.  In the process, students will familiarize themselves with the structure of a 401(k) plan and how not contributing to the plan is “leaving dollars on the...

Question: What Percentage of 18-29 Year Olds ARE NOT Investing in the Stock Market?

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Apr 09, 2015
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Behavioral Finance, Question of the Day, Research, Investing, Stocks, Current Events, Case Study
Answer:  About 75%. Flurry of articles about results from a recent Bankrate.com survey that asked Americans about their investing habits.  This presents a great opportunity to ask your students whether they currently own stocks or intend to own stocks and their reasons for owning/not owning.  Here are some of the highlights of the survey: Young adults are least likely to own stocks (Christian Science Monitor): Young adults aged 18-29 are the least likely age group to own stocks, according...

Investing Case Study: Skill or Luck?

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Mar 05, 2015
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Activity, Index Funds, Investing, Stocks, Current Events, Case Study
Another day, another story of an investing wunderkind.  From CNN: At age 16, he put almost all of his life savings, $650, into three stocks: Citi (C), GE (GE) and United Airlines (UAL). That was back in 2009. No one calls him an idiot now. Justin made a nearly 250% return on his initial stock investments before he graduated from Miami University last spring. To put that another way, while his friends were spending money, he was making about $1,600. Later the article describes the success of one...

Investigate: The Mystery of The $8 Million Janitor

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Feb 09, 2015
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Budgeting, Lesson Idea, Index Funds, Investing, Stocks, Current Events, Case Study
Great opportunity to use this inspiring case of the part-time janitor with an $8 million investment portfolio to teach critical investing and budgeting lessons including the power of compound interest, investing in stocks for long-term growth, living frugally and sharing your wealth. http://player.theplatform.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000353167&size=530_298 From CNBC: Ronald Read, a Vermont gas station attendant and janitor, invested in recognizable names when he...

Investigate: Millionaire or Not?

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Nov 25, 2014
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Activity, Personal Finance, Investing, Savings, Current Events, Case Study
The story appeared a month ago and I read it, scratched my head, wondered if it was true and moved on.  The headline “A 27-year-old millionaire reveals how he built his wealth” made for effective “click bait” given the public’s fascination with millionaires (check out my list of best selling personal finance books and you get the idea).  Well, it turns out it wasn’t true.  I thought it might be fun to have your students play forensic accountants to see if they could find the...

Boeing 401K Plan: The Case of the Missing Millions

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Nov 13, 2014
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Activity, Lesson Idea, Investing, Savings, Case Study
You have been hired by Boeing to figure out a mystery that has been bugging them.  When they looked at their company-wide 401K balances at the end of the year, they had almost $100 million less than they had expected.  Theft, embezzlement, hackers, no, no and no, something even more insidious.  So what was the cause of the shortfall?  Read on to find out. First let’s start with the basics.  Boeing has a 401k plan, known as a defined contribution plan available to their employees to help...