Category: Financial Literacy

Reading List for July 2-4

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Jul 02, 2021
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Cryptocurrencies, Economics, Financial Literacy, Investing, Taxes
Financial Literacy/Advocacy 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)    Economics 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. Housing...

NGPF Podcast: Meet Rishi Vamdatt:, the 11-year-old founder of Easy Peasy Finance

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Jun 25, 2021
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Podcasts, Financial Literacy, Personal Finance
  WOW! Have you ever had a conversation with an 11-year-old about the wisdom of index funds, the power of compounding returns and the process of opening a brokerage account? Nope, neither had I until I had the opportunity to talk to Rishi Vamdatt earlier this week. Enjoy!  Details: 0:00~1:04 Introduction 1:04~2:07 What is Easy Peasy Finance?  2:07~3:10 Interest in personal finance 3:10~5:07 Creating a YouTube channel and a website 5:07~6:31 The power of starting early 6:31~10:48...

Looking for LGBTQ+ Financial Educators and Influencers To Share With Your Students?

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Jun 09, 2021
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Financial Literacy
The world of personal finance and financial literacy has historically not been known as an inclusive space. It's been primarily dominated by male figures who share traditional advice about financial matters. Now more than ever, we're seeing an inclusive culture forming in the personal finance space and this is certainly refreshing as more Americans, especially more young Americans struggling to find relatable financial advice, can see themselves represented and their experiences and lifestyle...

NGPF FinLit Bill Tracker as of June 7, 2021

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Jun 07, 2021
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Advocacy, Financial Literacy
The NGPF FinLit Bill Tracker is greener as two more states increased student access to financial education with Governor signatures sealing the deal since our last update. Those states are: Nevada AB19: Among the core academic subjects that must be taught include "Social studies, which includes only the subjects of history, geography, economics , civics, financial literacy and multicultural education..." Rhode Island HB5491 and SB349: Key point in legislation: "Beginning with the graduating...

Reading List for MDW 2021

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May 28, 2021
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Financial Literacy, Economics, Investing, Paying for College
Economics Personal Consumption Expenditures Index jumped 3.6% in April (core up 3.1%) year-over-year. (CNBC) For more on the PCE and why it is important (this is the metric the Fed relies on as an inflation measure), check out this MarketPlace article. And for even more fine-tuning, check out this Cleveland Fed post on their measure: Median PCE. Initial jobless claims dropped for the fourth week in a row to 406,000. (Yahoo Finance) Of Dollars and Data takes a closer look at the financial...

Reading List for May 7-9

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May 07, 2021
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Investing, Economics, Financial Literacy, Identity Theft
Financial Literacy Market Watch covers the research explaining the gender gap in financial literacy (confidence).     Investing It’s the season of annual shareholder meetings. Here are the highlights from this year’s address by Buffet and his team. (Yahoo) The market is still going gangbusters. Here is a trio of posts on the growth: Reuters discusses the midweek bounce and economic data. The NYT explains why the proposed tax increase isn’t dampening enthusiasm....

Reading List for April 30-May 2

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Apr 30, 2021
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Financial Literacy, Economics, Investing
Financial Literacy Month This story from Hawaii explains how parents are using apps to teach their kids about money when schools don’t. (KITV) This Atlanta Fed article highlights research that concludes children form money habits by the age of seven and describes a few resources that can be used with younger kids.   Economics First quarter GDP figures came out at 6.4%, leaving the economy just 1% below it’s pre-pandemic high. (AP) (NYT-graph below from this article)  ...

Reading List for April 23-25

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Apr 23, 2021
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Financial Literacy, Cryptocurrencies, Economics, Investing
Financial Literacy More experts weigh in on the importance of teaching personal finance to students before they leave high school. (CNBC)   Cryptocurrency 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)   Economics The newest Federal Reserve Governor makes his economic outlook public. (CNBC) Speaking of the Fed, some are criticizing the politically...

Reading List for April 16-18

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Apr 16, 2021
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Financial Literacy, Investing, Economics
Financial Literacy Month According to a new survey from Step, 97% of GenZ think financial literacy is important. (Yahoo Finance) The American Banker is suggesting to its bank and credit union constituents that financial literacy is the key to attracting a broader base of customers.   Investing CoinBase had a successful IPO this week (AP News), as did online betting company Esports (Seeking Alpha). What does the Coinbase listing means for the price of bitcoin and other...

Reading List for April 9-11

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Apr 09, 2021
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Financial Literacy, Economics, Investing, Cryptocurrencies, Mortgages
Financial Literacy 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   Investing 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...

NGPF Podcast: Northwestern's Donna Wang Su on why college students need financial education too

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Apr 02, 2021
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Podcasts, Financial Literacy, Personal Finance, Entrepreneurship
 While NGPF's original focus was on creating curriculum for the high school student, we know that only 1 in 5 high schoolers are guaranteed to take a course. So, no surprise that most college students lack financial skills and are in need of this essential course. The good news is that there are amazing educators like Donna Wang Su in colleges across America to fill in the gaps. In this podcast, Donna will share the distinct challenges that entrepreneurs face in managing their personal...

Reading List for March 19-21

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Mar 19, 2021
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Economics, Investing, Budgeting, Taxes, Career, Financial Literacy
  Economics Retail sales fell in February. Was it the cold? Or did folks run through their stimulus money in January. (CNN) Weekly unemployment were back up slightly from last week. Read about new and continuing claims from AP. Fed FOMC met this week and will likely keep rates at or near zero until 2023 and expects GDP growth to hit 6.5% this year. (AP, Yahoo Finance) Trying to remember how the Federal Reserve Bank handled the impending financial crisis a year ago? Here is a good recap....

NGPF Podcast: Örn Valdimarsson on the state of financial education in Iceland

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Mar 06, 2021
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Podcasts, Financial Literacy
After a successful career in finance, Örn Valdimarsson has made it his mission to improve financial education in his home country of Iceland. In this NGPF podcast, Orn describes what motivated him to teach, what topics he prioritizes in his classroom based on student interest as well as the bigger picture on the state of financial education in Iceland. What makes me think I have the best job on the planet is opportunities to meet people across the world like Orn who are kindred souls when...

Reading List for March 5-7

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Mar 05, 2021
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Financial Literacy, Economics, Investing, Cryptocurrencies, Retirement, Budgeting
    Financial Literacy ICYMI--Here is a link to Tim Ranzetta’s piece for The Street.   Economics 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...

Reading List for February 26-28

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Feb 26, 2021
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Financial Literacy, Economics, Investing, Cryptocurrencies
Financial Literacy 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).   Economics   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)...