Nov 05, 2018
Question of the Day, Chart of the Week, Economics
Is the economy an important issue for you/your family at this time? Explain.
What would be your headline for the chart above?
Why do you think the economy was so important during the mid-term election in 2010?
What do you think the relationship is between unemployment rates and how important the economy is to voters?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Oct 31, 2018
Chart of the Week, Research, Math
Interesting chart showing the linkages among users of social media platforms (from Pew Research); great data table to build analytical and critical thinking skills using a topic that engages your students:
Note: Reciprocity between websites refers to the percentage of users of one site using another website. In the chart above, 27% of Facebook users also use WhatsApp (which curiously is owned by Facebook).
Which two social media sites have the strongest linkage (or...
Oct 24, 2018
Question of the Day, Student Loans, Mortgages, Research, Chart of the Week
Answer: 25-30 Year Old with $50K in student debt
Hat tip to NGPF Fellow Brian Page for sharing this awesome Question of the Day and chart below that he has used successfully in his classroom.
Overall, what has been the trend with all 25-30 year olds buying homes since 2005? What might explain this? [Hint: What happened in 2008-09?]
Why do you think that 25-30 year olds who are current with $50K in student debt buy homes at greater rate than those with no student debt?...
Oct 21, 2018
Interactive, Chart of the Week, Article, Career
Last week we looked at how Americans spend their time in the typical day using Flow Data’s article Counting the Hours.
This week we’re looking at their follow up article using the same data but exploring how age, sex, and time of day influence our activities.
Before diving deep into the infographic take some time to make some predictions with your students. For each group below try to identify which group might spend the most time (1) working, (2) socializing, or (3)...
Oct 17, 2018
Investing, Question of the Day, Chart of the Week, Mortgages, Research
Hat tip to A Wealth of Common Sense blog for this awesome data distilled from Case-Shiller/FRED index of home prices:
Positive is number of years that home prices rose in the period 1987-2018
Negative is the number of years that home prices declined in period 1987-2018
Biggest gain is the largest gain in home prices on a year-over-year basis.
Biggest loss is the largest loss in home prices on a year-over-year basis.
Annual Gains is the average annual gain in home prices over this...
Oct 09, 2018
Savings, Credit Cards, Chart of the Week
I have noted this trend before but to see it all on one graph makes it even more powerful. As the Federal Reserve has increased the Federal Funds rate target, the cost of borrowing has risen in lockstep while interest earned from savings accounts still hovers close to zero. In other words, costs to borrow typically have variable rates which automatically adjust upwards in a rising interest rate environment while interest on savings accounts are extremely slow to adjust upwards as banks seek to...
Oct 08, 2018
Interactive, Chart of the Week, Article
Today’s Interactive Monday comes to us from Flowing Data’s Nathan Yau in a three part series using the 2014 American Time Use Survey to explore how we spend our days and nights. Since 2003 the Census Bureau has been asking thousands of Americans to report on their time use for one 24 hour period.
The Data Set
Yau approaches the data set by sorting out how much time is spent in each activity, exploring how age, sex, and time of day influence our activities, and...
Oct 03, 2018
Chart of the Week, Math, Research, Retirement, Investing
From Simple Dollar Blog:
We all struggle with how to make retirement interesting to high school students who tend to be short-term oriented. You can use this chart to ask the question "How soon can YOU get to financial independence?"
First, let me provide some orientation:
X-axis tracks after-tax annual income
Y-axis has annual spending
Number inside the grid are years until financial independence
For example, a recent college grad with after-tax pay of $35k ($35,000) who spends $20k...
Sep 26, 2018
Chart of the Week, Paying for College, Research, Current Events
With many seniors thinking seriously about their post-high school future, I thought it would be interesting to take a look at the macro trends in educational attainment in the U.S. since 1940. Here's the chart from the Census Bureau that is the chart of the week:
Write a headline to summarize the data in this chart.
What do you think these percentages will be in 2050? Explain your answer.
What do you think are the factors that have led to the trend towards more...
Sep 19, 2018
Question of the Day, Checking Accounts, Chart of the Week, Research
How would you have answered this question? Explain your answer.
What was the percent of students in your class who expect to go to a bank branch? How does it compare with the results for 18-24 year olds?
If you have been to a bank branch recently, what did you do there?
What do you think the bank branch of the future (5-10 years from now) might look like?
Click here for the ready-to-go slides for this Question of the Day that...
Sep 18, 2018
Chart of the Week, Advertising
Which age groups have seen the sharpest drop in time spent watching TV?
What are your video viewing habits? What's the percent of time that you spend watching Live TV, Smartphone, On-demand TV, Computer and/or Tablet?
What do you think are the reasons that most young people are watching a lot less TV?
Given the trends in this chart, what do you expect will happen by 2020 in terms of time spent watching TV for 12-17 year olds?
Sep 16, 2018
Chart of the Week, Current Events, Research, Interactive, Parent Conversations, Paying for College
This week's interactive comes courtesy of Overflow Solutions and provides a county-level look at educational attainment.
This tool allows users to compare educational attainment of every county against other counties, the states, and the nation overall. The default is set to Los Angeles, CA and Cook County, IL, but if your students are on a desktop, they can easily adjust to view data from different counties and states. Here's a few notes about the interactive:
The data is collected from...
Sep 12, 2018
Chart of the Week, Credit Cards, Student Loans, Behavioral Finance
I love this chart from a recent Wall Street Journal article because it captures the state of credit for young people just getting started in building their credit history:
What credit type is most prevalent among 18-22 year olds? 23-29 year olds?
Which type of loan has the highest balance for 18-22 year olds? 23-29 year olds?
At what age do you think you will have the following:
Retail store card
Which type of...
Aug 29, 2018
Chart of the Week, Paying for College
What is the most popular major? Least popular major? Hint: Note that the charts all have different scales.
Now look at the trends for each of the majors. If you were asked to write a headline based on the data, what would you write?
Is the major you are interested in listed above? If so, why do you think the number of students pursuing this major is increasing/decreasing?
Do you have any other ideas on how this information might be displayed?
Aug 27, 2018
Interactive, Career, Chart of the Week, Employment
This fun interactive from Flowing Data offers the chance to explore with your students how and why age affects occupation. The first section offers a basic overview of the top 3 occupations for each age group, giving a nice opportunity for introductory discussion before digging deep into the infographic. Before opening up the interactive or sharing the link, try brainstorming some of those top jobs with your students.
What do you think are the most common jobs for those under...