Aug 27, 2021
Current Events, Economics, Cryptocurrencies, Budgeting, Behavioral Finance, Checking Accounts
Curious about how banks are doing with overdraft fees? Overdraft fees dropped during the pandemic in 2020, but have jumped back up 40% over a year ago. (BankingDive).
Ally Bank survey shows about half of adults are not talking discussing finances with their partner and launched a program to try to address this. PRNewsWire
Tik-Tok partners with Shopify to add in-app purchase link. Sounds like a dangerous development for users susceptible to FOMO and...
Aug 21, 2021
Cryptocurrencies, Current Events
The "What's New With..." posts are usually focused on one of the NGPF curriculum unit categories. This one steps outside a bit to hit a topic that is likely of interest to students. For more background on BitCoin, take an hour to work through the NGPF on-demand PD The Basics of Bitcoin.
El Salvador is making bitcoin legal tender. Some think it is a hoax. President Bukele claims it will increase the proceeds from foreign remittances which currently account for 20% of the...
Aug 17, 2021
Question of the Day, Mortgages, Cryptocurrencies
How much is my home worth?
What is bitcoin?
How to write a check?
How much house can I afford?
Where is my tax refund?
What money question are you most curious about right now? How would you go about answering it? What sources would you turn to?
Are you surprised to see any of these top 5 most Googled questions on this list?
Why do you think that two of the top 5 questions relate to housing?
Here's the ready-to-go slides for this Question of the Day...
Aug 13, 2021
Current Events, Financial Literacy, Economics, Investing, Cryptocurrencies, Student Loans
Extrapolating data from a collaborative report with LendingClub, “Reality Check: The Paycheck-to-Paycheck Report,” 43 of the 71 million millenials in the US are living paycheck to paycheck, even those with higher incomes.
“Per the August report, “Many millennials are beginning to make larger expenditures for the first time, whether that means purchasing a car, taking out a mortgage or preparing financially to have children. These are all...
Aug 06, 2021
Current Events, Cryptocurrencies, Budgeting, Investing, Economics
Update 8/8/21: Department of Education extends student loan payment freeze one more (last) time until January. (NPR)
This might be a good one to assign to the families of your students: NPR on having family money conversations.
The July jobs report came out this morning and showed an increase of 943,000 and an upward revision of June. Unemployment dropped to 5.4%, wages were up, but labor force participation was largely unchanged. Jobs are still 5.7...
Jul 16, 2021
Advocacy, Personal Finance, Economics, Investing, Cryptocurrencies, Financial Scams, Taxes
The state of states’ financial literacy efforts explained, and NGPF Bill tracker mentioned. (CNBC)
There are many myths floating around about what happens to a couple’s credit when they marry. This sets the record straight. (PRNewswire)
Speaking of couples, the Fidelity 2021 Couples and Money Study was released and is full of interesting stats. Communication is key, (and maybe counseling would help?)
The pandemic made people totally reevaluate...
Jul 02, 2021
Cryptocurrencies, Economics, Financial Literacy, Investing, Taxes
It is always nice to start off with a Financial Literacy win. Go Nebraska! (News Channel Nebraska)
Business, sports and entertainment leaders are jumping on the Financial Literacy Bandwagon by joining the “Financial Literacy For All” movement. (PRNewswire)
Jobs report June 2021 was good news! June saw the largest increase in jobs since last August. For a summary, read CNBC. If you want the details, go to the BLS.
Jun 18, 2021
Economics, Investing, Cryptocurrencies, Budgeting, Student Loans, Retirement
New jobless claims reversed the streak of declines this week, and continuing claims remained the same. (Yahoo Finance)
The Washington Post dug deep into BLS and other data to see which industries were experiencing a labor shortage, versus the tight labor market that is more generally the experience across the board.
(Slate) provides a more detailed and nuanced examination of the current inflation picture.
The Federal Reserve Banks’ Open Market Committee met this week and...
May 21, 2021
Current Events, Cryptocurrencies, Investing, Economics
100th Anniversary of the Tulsa Massacre
Next weekend marks the 100th anniversary of the destruction of Tulsa. Morning Brew takes a look at “Black Wall Street” today, 100 years later, with a series of five excellent articles. (List titles)
Black Investors Trade Their Way Through the Pandemic
In Finance, 'People of Color are Shut Out Before They Ever Get In'
Why Banking With Greenwood Is About More Than the Money
8 Charts that Explore Racial Disparities in the Banking Industry...
May 14, 2021
Taxes, Economics, Investing, Cryptocurrencies, Budgeting
The delayed tax deadline is Monday. So let’s start this week’s list with one on Taxes.
5 tax tasks to take care of by May 17 (Don't Mess With Taxes)
Here are several articles discussing the Consumer Price Index jump in April.
CNBC covers the basics and the NYT (I highly recommend reading anything by Jeanna Smialek) provides a bit more analysis.
The WSJ discusses Fed Governor Waller’s comments on the number, and also discusses which components of the CPI may...
Apr 23, 2021
Financial Literacy, Cryptocurrencies, Economics, Investing
More experts weigh in on the importance of teaching personal finance to students before they leave high school. (CNBC)
What is Coinbase, and how do you use it? (CNBC)
Cryptocurrencies took a beating this week. Find out why. (USAToday)(Yahoo Finance)
What is the deal with Dodgecoin? (Yahoo Finance)
The newest Federal Reserve Governor makes his economic outlook public. (CNBC)
Speaking of the Fed, some are criticizing the politically...
Apr 09, 2021
Financial Literacy, Economics, Investing, Cryptocurrencies, Mortgages
CNBC posted three different articles in about 24 hours about the importance and impact of a personal finance education, and all three include quotes from Tim Ranzetta and NGPF research.
Early financial education
State of personal finance education
Financial literacy can reduce the racial wealth gap
NFTs seem to have been a flash in the pan. (The Atlantic)
Jamie Dimon’s annual letter to shareholders got some press this week. JPMorgan Chase’s...
Apr 02, 2021
Investing, Economics, Cryptocurrencies, Current Events
This week’s (year’s) big investment story was the dramatic fall of Archegos Capital. After a brief recap of the GameStop story to tee it up, this article takes a pretty deep dive into how this was allowed to happen. (Slate)
Last week’s hot topic, NFTs, warranted a skit on SNL this week, but is now projected to become a bubble. (Medium)
While new unemployment claims ticked up a bit last week to 719,000 (Yahoo Finance), the March jobs report...
Mar 05, 2021
Financial Literacy, Economics, Investing, Cryptocurrencies, Retirement, Budgeting
ICYMI--Here is a link to Tim Ranzetta’s piece for The Street.
This week marked Fed Independence Day (Happy 70th!). Here is a Planet Money episode explaining what that is all about.
Speaking of the Fed, Jerome Powell’s comments yesterday about the potential for some inflation as the economy restarts sent markets moving. (CNBC)
For more on Powell’s message stressing patience, read the NYT explanation.
Initial jobless claims...
Feb 26, 2021
Financial Literacy, Economics, Investing, Cryptocurrencies
More players have jumped into the financial literacy effort.
Nike’s partnership aims at kids (Yahoo Finance).
The Skimm’s new SkimmU is aimed at its largely female following (7 million subscribe to its daily news feed).
Here is a great summary of where Janet Yellen stands on current top economic issues. (NYT)
Last week’s first-time jobless claims dropped over 100,000 from the previous week. The number is still huge. (Yahoo Finance)...