Jul 19, 2019
Financial Literacy, Cryptocurrencies, Economics, Investing, Paying for College, Behavioral Finance
A Forbes article last week tries to explain the drop in financial literacy across the board as revealed in the FINRA 2018 National Study of Financial Capability.
The St. Louis Fed provides a comprehensive explanation of the Federal Reserve’s dual mandate, and specifically explains the two percent inflation target. (Medium)
The proposed Facebook cryptocurrency Libra faces was the subject of congressional hearings this week....
Jun 28, 2019
Cryptocurrencies, Student Loans, Investing, Financial Literacy, Advocacy
Bitcoin value is going wild….again. Michelle Singletary explains why the average person should resist the temptation to get into the game. (WAPO)
One week post-announcement, Libra coverage continues. The Economist takes two looks at it: the first article discusses the mechanics of a global digital currency, and the second discusses how it might impact the banking system.
US Regulators are looking to dig into this proposal. (CNN)
Coin Desk astutely discusses how momentous...
Jun 21, 2019
Cryptocurrencies, Advocacy, Financial Literacy, Economics, Investing, Employment, Paying for College, Insurance
Happy Summer! It is officially here! And here is a list covering a wide range of topics for your reading pleasure this weekend.
The US Treasury (specifically, the Financial Literacy and Education Commission) is calling for colleges and universities to require financial literacy classes. Looks like $1.5 trillion in student debt has some folks worried. (CNBC) Here is the actual report.
Does it help your students to hear about sports stars ultimately making better...
Jun 20, 2019
Cryptocurrencies, Current Events
Not heard about Libra yet? Facebook announced details about its proposed cryptocurrency (Libra) this week, and set the financial services industry on fire! They could launch Libra as early as 2020, giving its 2.7 billion users the capability of paying and receiving money via WhatsApp or Messenger. Global transactions without fees!!!!
If you aren’t interested in listening to all the analysts and reading all the articles posted within the first 24 hours, here are the basics that I have been...
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...
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...
Jan 01, 2019
Personal Finance, Credit Cards, Cryptocurrencies, Behavioral Finance, Policy, Paying for College
Happy New Year! Continuing the "Best of 2018" theme, I wanted to share with you the blog posts that engaged readers the most in 2018. To measure engagement I focused on two factors. I looked for pages that attracted hundreds of visitors and had the highest average time spent per page. Time spent on the page was a good indication that educators/students read the blog post in its entirety and engaged in the mini-activity described in it. For those new to NGPF, several of the posts below are...
Dec 16, 2018
Question of the Day, Investing, Cryptocurrencies, Current Events
Bitcoin was once worth almost $20,000 and now it's hovering around $4,000. Any ideas on why the price has declined so much?
Do you know anyone who has invested in bitcoin?
Investors use the term "popping the bubble" in describing an asset that rises quickly and then drops sharply. Why do you think investors get so excited about certain assets like bitcoin while the bubble is inflating?
Here's the ready-to-go slides for this Question of...
Nov 09, 2018
Personal Finance, Investing, Parent Conversations, Cryptocurrencies
Could developing countries and M-Pesa teach the US how to address the issues of the unbanked and underbanked? (CNN Business)
PBS announces a new series on personal finance called "Talkin' Money Minutes" is looking for a sponsor. They will be 2-3 minutes in length and air between shows. (Business Insider)
Charles Schwab’s daughter discusses the huge financial gender gap that goes way beyond the pay gap, and what can be done to help correct it. (MarketWatch)
Nov 02, 2018
Financial Literacy, Cryptocurrencies, Economics, Paying for College, Retirement, Insurance
A survey by Ipsos on behalf of MNT, Ltd reveals that apparently, Canadians need help with financial literacy education as well.
The Visual Capitalist depicts the US problem with financial literacy in pictures.
250,000 jobs added this month, unemployment at 3.7%, and wages starting to increase (NYT), so what’s the problem? The Opportunity Index answers that question, and Third Way breaks it down for you. It may be worth the half hour it will...
Jul 13, 2018
Cryptocurrencies, Cartoons, Investing
In your own words, what is bitcoin?
Find a chart showing bitcoin prices over the past 12 months? When do you think investors thought bitcoin was "a sure thing?"
Is bitcoin a physical currency, as the last cartoon indicates?
Where is bitcoin accepted today? Have you been to a store that accepts it?
Spend 5 minutes researching articles about "tulips and 1636." What does this have to do with bitcoin?
Jul 05, 2018
Current Events, Behavioral Finance, Index Funds, Cryptocurrencies, Investing, Budgeting
The NGPF Blog provides educators with two posts daily during the school year, including an engaging question of the day. Teachers rely on the daily Question of the Day as a great conversation starter and appreciate that it engages all students since it requires no prior knowledge. In addition, the blog provides a great way to note trends in personal finance, highlight high quality resources and share ideas from our teacher community. With the school year ended, we wanted to highlight the most...
May 24, 2018
Investing, Stocks, Current Events, Cryptocurrencies
FinTech Apps and Micro-Investing
According to Warren Buffet, for the average investor, it’s all about low fees. Would he support these low cost apps as a way to get average investors into the market.
Here is another in-depth look at how micro-investing works, in both rising and falling markets.
Here are two articles from Money Magazine about getting started in investing using investment apps.
Blackrock, which manages $6 trillion in assets, is moving into the micro/app space with an...
May 13, 2018
Cryptocurrencies, Current Events
Raise your hand if you've got a nagging feeling "I should really be talking about Bitcoin in class" but a sinking feeling, "I'm not sure I'm an expert on the topic." For your convenience, here's everything NGPF's got on Bitcoin, all in one handy blog post:
Is Bitcoin a Bust? [Lesson]
This lesson was created by two teacher members of our NGPF community, Amanda Volz (St. Clair High School, St. Clair, MI) and Brian Page (Reading Community High School, Reading, OH). It's got all the...
Mar 14, 2018
Schools In News, Featured Teachers, Financial Literacy, Career, Current Events, Cryptocurrencies, Teaching Strategies
State legislatures seem to be taking up the issue of financial education en masse as bills are being proposed in several states, hopeful signs, yes, but we know that it's when it becomes a law that it matters.
Kentucky State Treasurer Thinks Personal Finance Should Be Graduation Requirement (Courier Journal) as a bill moves through the legislature there:
I believe students across our commonwealth need access to financial literacy lessons like Luci has had. That is why I am supporting HB...