Financial Education Explained By Danielle: Reevaluating Your Side Hustle
Motley Fool recently released this article that detailed why side hustles could actually be costing consumers. It reminded me of a Money article that was published a few months ago, which included the findings from an MIT study about the actual hourly income Lyft and Uber drivers make after taking into account expenses like gas and repairs (don't forget the mints, too).
Interestingly enough, the Money article found that “30% of Uber and Lyft drivers are actually losing money once expenses...
Interactive Monday: Who's Been Working in America? A 50-Year Analysis
While a bit dated (2011), this interactive demonstrates the tremendous changes that have taken place in American jobs over the past 50 years. It's also a really creative approach to displaying this data that econ, personal finance and math teacher alike will enjoy working into their lessons.
Here's what you see when you go to this visualization:
Some orientation about how to utilize this interactive:
You can toggle between SECTOR, GENDER and AGE (upper left of the chart)
The slider bar...
Interactive Monday: What is the most common occupation by age?
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...
Interactive: How Do Creative People Spend Their Time?
I've been on a bit of an interactive binge recently since I know how popular these are in the classroom. Today, the focus is on life skills that we all could improve upon: time management. This interactive pulls back the curtain to analyze the daily routines of the most creative artists, composers and writers (e.g., Beethoven, Picasso, Maya Angelou). This interactive has an added dimension too as jobs of the future that require creativity will be "safer" from the threat of automation...
Interactive: What is the job opposite to the one that you are most interested in?
NY Times interactive allows students to input a job they are interested in and then tells them what job is most opposite to that one.
Here's what happened when I input "Secondary teacher:"
Why do I like this interactive?
Fun way to get students thinking about jobs/careers that they might be interested in (and careers they would NOT be interested in)
Identifies the specific skills used in a given job so students can see how those skills might match their own skills/interests
Gets...
Interactive: Where Work Pays
The Hamilton Project released another engaging interactive, Where Work Pays [Hat tip to Brian Page for pointing this out].
Here's how it works....
a) Students select an occupation
b) Input an age group
c) Adjust for Cost of living and/or Income Taxes (optional)
d) Toggle between Local or States which will affect the map view.
So, why do I love this interactive. It brings together so many concepts in one activity, including
Career choice (what do you think you want...
Interactive: Generational Trends in Employment and Education
Pew has a fascinating interactive that compares generations (Millennials, Gen Xers, Baby Boomers, Silent) and how their life experiences have changed as seen through data on educational attainment, labor rates, income and marriage rates. Here's one look at rates of female education:
Here's an interesting activity to get students to engage with their parents or grandparents. Think of it as a data-driven opportunity to have one of those "When I was your age" conversations. Your students can ask...
Digging Deeper: Teens and Summer Jobs
Two years ago, Tim posted a chart and related QOD on teens and summer jobs that was among the top five most engaging posts on NGPF. So we thought we would take another look at the subject.
What ever happened to the summer job? I remember (in ancient times), many of my high school friends worked at area restaurants, grocery stores at the community pool or at the mall in the summers, and sometimes throughout the year. I worked for a local caterer and babysat until I got my first “real”...
Podcast Review: The Indicator from Planet Money
I had an hour long drive and wanted to try a new podcast: The Indicator. Here's what I liked about it:
Duration: It's short at 10 minutes
Topical: Lots of content that would interest a personal finance teacher
Format: The two podcasters (Stacey Vanek Smith and Cardiff Garcia) have great rapport and make it entertaining. I also like the data that they share to buttress their key points. It will help me come up with good Questions of Day.
Frequency: it's daily so you have lots of...
What I'm Reading This Weekend (June 23-24)
By Beth Tallman
|
Jun 22, 2018
|
Current Events, Employment, Personal Finance, Taxes, Stocks, Insurance
Today’s Headlines:
States cleared to charge sales tax on online sales and banks pass first phase of the Fed’s stress tests, wait to hear if they can buy back shares or increase dividends.
Demographics/Employment
As baby boomers retire, there are fewer workers to take their places. Who will support them? This WSJ article includes some informative maps.
The FRB of Atlanta published an article detailing its findings on industries facing a shortage of workers.
One aspect of...
Question of the Day: What percent of teens are expected to have a summer job in 2018?
|
Jun 06, 2018
|
Career, Question of the Day, Employment, Research
Answer: 31%
Questions:
What are your summer plans?
If you are getting a summer job...
How did you get the job?
How much will you be earning? How much do you hope to save?
What skills do you hope to develop?
Do you think summer jobs are important? Why or why not?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the Numbers (from MarketWatch):
"...predictions from researchers at the Drexel...
Digging Deeper: What’s Up With the Class of 2018?
I heard several reports (here is the NBC version) over the last week or two claiming that only 25% of college graduates had a job lined up by graduation. This bothered me. So I dug a bit deeper, looked past the headline and found that this statistic was based on a Monster.com survey of 350 soon-to-be graduates. We need to be a little skeptical of surveys, but even if the survey is off by a factor of 100%, and half of all graduates had no job by graduation, the number is still puzzling given that...
What I'm Reading This Weekend (May 5-6)
This week's list takes you from labor shortages to end of life, with some personal finance and self improvement inbetween.
Employment News
Low unemployment is the theme this week.
In some areas of the country with extreme labor shortages, cities will pay you to move there.
Fast food restaurants have boomed, but with no teenagers available, the fast food business has had to adjust.
Markets
A MarketWatch article tries to put some perspective on what is going on in the markets and includes...
Digging Deeper: Money and Gender Part I – the Pay Gap
Apr 30, 2018
|
Research, Career, Current Events, Employment, Personal Finance, Policy
Two events in April brought the issue of gender pay gap into the headlines this past month. The first was the April 4 deadline for all companies in the United Kingdom to report on pay by gender in their companies. (Apparently, it is against the law to pay different rates/salaries by gender, but the government agency responsible for enforcing this is woefully short of staff and funding.) For those reporting by the deadline, 80% in fact pay men more. This has brought the issue...
What I'm Reading This Weekend (April 28-29)
By Beth Tallman
|
Apr 27, 2018
|
Current Events, Economics, Employment, Behavioral Finance, Financial Literacy
What I’m Reading This Weekend (April 28-29)
April has brought us Financial Literacy/Capability Month and "Equal Pay Day." This week's list starts with the first and ends with the last, and we cover global economics, news for teachers, and Amazon was in the headlines so many times they get their own heading this week.
Financial Capability
Do you live in one of the five states that received and A from the Champlain College Financial Literacy Center? Here are the top ten...
Teacher Accounts
To get access to NGPF answer keys, assessments, and teacher-only resources: create a FREE Teacher Account
