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 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 27, 2019
Budgeting, Chart of the Week
This chart measures the percentage of home buyers by age from 2006-2018 and demonstrates the seismic impact left by the Great Recession.
Do you hope to own a house someday? When do you hope to be able to buy it?
What would be a good headline to summarize the data in the chart?
In what year does there appear to be the most dramatic change in the data?
Based on the chart, what age group has seen the largest decline in home purchases? What are some possible...
Aug 20, 2019
Chart of the Week, Investing, Index Funds
May want to find a way to cover up the ending balances after 30 years.
Question: Two investors start with $100,000 and earn a 6% return per year for 30 years:
One chooses a low-cost mutual fund with a cost of 0.25% (a.k.a. expense ratio) that is applied to their invested assets each year. Note that many index funds have even LOWER expense ratios).
The other chooses a higher-cost mutual fund of 0.63%, which is apparently the weighted average expense ratio for U.S....
Jun 11, 2019
Chart of the Week, Budgeting
Great series of charts from our friends at Visual Capitalist (hat tip to Brian Page for also tweeting this out) that analyzes spending by an individual's education level. Two charts are provided below: one for high school graduates, the other for college graduates.
High School graduate:
Explaining the chart: The chart is split into thirds:
Left side: Shows sources of income: salary, Social Security (some of these HS grads are seniors collecting Social Security, dividends...
Jun 04, 2019
Chart of the Week
Courtesy of Morning Brew:
Answer: The % of coal-powered electricity used in the U.K. Black indicates over 50%, while the green means 0%.
May 28, 2019
Chart of the Week, Financial Scams
Click below for the full infographic:
Have you ever bought a product online that you later found out was a counterfeit?
Based on the data in the infographic, are counterfeit products an issue that you should worry about? Provide at least two pieces of evidence.
Are some products easier to fake than others? Which products do you need to be most suspicious about based on the data?
What are steps that you can take to ensure that you don't become a victim and purchase...
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 14, 2019
Chart of the Week, Budgeting
Hat tip for Jessica for pointing out this interactive map showing trends in food assistance programs (aka SNAP or food stamps). For an economics teacher, this interactive helps to explain how the economic cycle affects federal assistance programs.
Here's the static map (click on it to go to the site where it is interactive):
Looking at the U.S. map in 2017, what trends do you see in the usage of food assistance programs? Are there differences by region? Explain. ...
May 07, 2019
Index Funds, Chart of the Week, Stocks, Investing
From Innosight's research on Creative Destruction:
Key insights include:
The 33-year average tenure of companies on the S&P 500 in 1964 narrowed to 24 years by 2016 and is forecast to shrink to just 12 years by 2027 (Chart 1).
Record private equity activity, a robust M&A market, and the growth of startups with billion-dollar valuations are leading indicators of future turbulence.
A gale force warning to leaders: at the current churn rate, about half of S&P 500 companies...
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 23, 2019
Insurance, Chart of the Week, Research
What are the top 3 medical bills when it comes to their dollar amounts?
Which bills fits into the category of high frequency but low cost?
Which of the bills listed would you describe as "predictable?"
Looking for more Charts of the Week? It's a regular weekly feature and here's some of the recent ones.
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 09, 2019
Chart of the Week, Investing, Stocks
Hat tip to NGPF Fellow Charles Kafoglis for sending a note to me highlighting this set of charts from Callan Associates. Think of the chart below as the periodic table for stock market returns for various asset classes (think stocks and bonds, U.S. based and international). Each column represents one year and each box represents a specific asset class which has a specific color assigned to it. The percentages reflect the returns for that specific asset class. There's a lot to unpack here but...