Category: Financial Literacy

Reading List for June 14-16

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Jun 14, 2019
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Career, Investing, Credit Scores, Cryptocurrencies, Financial Literacy, Parent Conversations
Careers 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) Managing Credit 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...

NGPF Fellows: Personal Finance Student of the Year Award, Edition 5

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Jun 13, 2019
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NGPF Fellows, Financial Literacy
To acknowledge the efforts that teachers put into their classes, NGPF Fellows have the option to award a 'Personal Finance Student of the Year Award' to one student with outstanding contributions in their personal finance class. The Fellow selects a student based on the following criteria: The student has taken the Fellow's personal finance class in the 2018-2019 school year The student has demonstrated outstanding performance in the class based on their participation, academic...

Reading List for June 7-9

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Jun 07, 2019
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Financial Literacy, Parent Conversations, Credit Cards, Investing, Paying for College
Financial Literacy/Parenting In case you didn’t see this in your social media feed this past week, here is the NYT financial checklist for kids heading off to college by Ron Lieber.   Millennials Deloitte released the results of a study measuring the net worth of millennials (aged 18-35) and found that it dropped 34% from 1996 levels. Education cost increases may be largely to blame. (Yahoo) On a related note, lack of wealth is one reason millennials are delaying marriage, but they...

NGPF Fellows: Personal Finance Student of the Year Award, Edition 4

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Jun 06, 2019
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NGPF Fellows, Financial Literacy
To acknowledge the efforts that teachers put into their classes, NGPF Fellows have the option to award a 'Personal Finance Student of the Year Award' to one student with outstanding contributions in their personal finance class. The Fellow selects a student based on the following criteria: The student has taken the Fellow's personal finance class in the 2018-2019 school year The student has demonstrated outstanding performance in the class based on their participation, academic...

NGPF Fellows: Personal Student of the Year Award, Edition 3

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May 30, 2019
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NGPF Fellows, Financial Literacy
To acknowledge the efforts that teachers put into their classes, NGPF Fellows have the option to award a 'Personal Finance Student of the Year Award' to one student with outstanding contributions in their personal finance class. The Fellow selects a student based on the following criteria: The student has taken the Fellow's personal finance class in the 2018-2019 school year The student has demonstrated outstanding performance in the class based on their participation, academic...

NGPF Fellows: Personal Finance Student of the Year Award, Edition 2

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May 23, 2019
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NGPF Fellows, Financial Literacy
To acknowledge the efforts that teachers put into their classes, NGPF Fellows have the option to award a 'Personal Finance Student of the Year Award' to one student with outstanding contributions in their personal finance class. The Fellow selects a student based on the following criteria: The student has taken the Fellow's personal finance class in the 2018-2019 school year The student has demonstrated outstanding performance in the class based on their participation, academic...

Reading List for May 18-19

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May 17, 2019
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Financial Literacy, Economics, Investing, Parent Conversations, Career, Current Events
Financial Literacy New GFLEC study was released and teachers support mandated personal finance. (PRN Newswire) Tony Isola gives his take on the likely success (or lack of it) of mandated personal finance classes. The issue is not with the concept or the teachers…it is more about the structure of schools. Education/Higher Ed The Higher Ed headlines move from Varsity Blues to SATs new score. An “Adversity Score” being added to SAT scores. The student won’t know what...

NGPF Fellows: Personal Finance Student of the Year Award

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May 17, 2019
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Financial Literacy, NGPF Fellows
To acknowledge the efforts that teachers put into their classes, NGPF Fellows have the option to award a 'Personal Finance Student of the Year Award' to one student with outstanding contributions in their personal finance class. The Fellow selects a student based on the following criteria: The student has taken the Fellow's personal finance class in the 2018-2019 school year The student has demonstrated outstanding performance in the class based on their participation, academic...

Why we need financial education: Students underestimate power of compound interest and think savings accounts earn the highest returns

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May 08, 2019
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Compound Interest, Investing, Financial Literacy
The answers to these two questions from a recent workshop are a great demonstration of the need for financial education: When asked which of these investments would earn the highest returns, the most common answer was....Savings Accounts and 34% got the right answer:  When asked the question about how $1,000 growing at 7% annually would grow over 40 years (I read the question and emphasized ANNUALLY several times as Kahoot limits the characters in the question)....23 skipped the...

Reading List for April 27-28

Apr 26, 2019
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Financial Literacy, Paying for College, Career, Payment Types, Investing, Economics
Financial literacy   Interesting data/graphs in this piece from pymnts.com on Americans’ inability to save money and how they manage their bills and debt. (Forbes) lists the six things high school graduates should have access before moving on in life….and yes, financial education is #1. Could early financial education lead to higher earning? (Benzinga) There are great anecdotes in this piece about not making your personal finance lessons (books, blogs, etc.) too...

Reading List for a holiday weekend (April 20-21)

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Apr 19, 2019
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Financial Literacy, Career, Investing, Behavioral Finance, Payment Types, Retirement, Current Events
Financial Literacy NGPF is in this list of quality free curriculum (and training) for personal finance teachers—no excuse for not being prepared!(Marketwatch) Need some inspiration this weekend? Read this Marketwatch piece about Troy Murphy’s pursuit of spreading financial literacy. NGPF fellow Kerri Herrild’s Giving Project and Daniel LaSalle’s Philly Financial Cooperative are the beneficiaries of Troy’s work. Then listen to the podcasts Tim has done with all...

Reading List for April 13-14

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Apr 12, 2019
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Financial Literacy, Investing, Payment Types, Career, Cryptocurrencies, Current Events
Financial Literacy 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...

Reading List for April 6-7

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Apr 05, 2019
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Financial Literacy, Current Events, Economics, Investing, Paying for College, Insurance
The list is a bit longer today--perhaps more good stuff is popping up during Financial Literacy Month.  In any case, there should be something for everyone here!  Financial Literacy Month CNBC to recognize Financial Literacy Month with special coverage all month.(CNBC) This was today’s CNBC post, crediting you wonderful finlit warriors for helping your students avoid payday lenders!   How much financial education is enough? (Cincinnati.com) What men can learn from the way...

Reading List for March 23-24

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Mar 22, 2019
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Financial Literacy, Credit Cards, Investing, Taxes, Economics, Identity Theft, Paying for College
Financial Literacy We all know that April is Financial Literacy Month. Forbes will publish this piece on why financial wellness matters. Earlier this month, Forbes also published an article on how Financial Literacy keeps athletes from going broke. Keep the articles coming, Forbes!!! April may be a good time for everyone to do a little financial health checkup. Here is a refresher on limiting potential impact of identity theft. (USA Today) Economics  The Federal Reserve announced no...

Reading List for March 16-17

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Mar 15, 2019
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Paying for College, Behavioral Finance, Economics, Insurance, Investing, Financial Literacy, Taxes
Happy St. Patrick's Day! Happy Reading! Higher Ed The story of the week has to be this one about the college entrance bribery. (WAPO) (Inside Higher Ed) While we are on the subject, this next article highlights the class differences in the college experience as poor kids tell rich colleges what they are experiencing. (EdSurge) And most people are surprised to learn how low the college completion rate is: (NPR) Student Loan Hero surveyed 1000 people across all generations about their debt. One...