Category: Identity Theft

Reading List for September 15-16

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Sep 14, 2018
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Current Events, Economics, Paying for College, Financial Literacy, Identity Theft, Retirement
Included a few extra articles this week as we recognize the ten-year anniversary of the Lehman failure and start of the Great Recession.....and a collection on paying for college as we start the new school year. Ten Year anniversary of Lehman failure What have we learned? Neil Irwin in his UpShot article compares current times to the 1990s looking for lessons. The WSJ looks back at how the Great Recession changed our relationship with risk. This WSJ/The Outlook discusses if the Fed has new...

Interactive Monday: Visualizing The World's Biggest Data Breaches

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Aug 20, 2018
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Identity Theft, Interactive
With our recent FinCap Friday warning of an impending ATM heist at mass scale, I thought we should continue with this theme and an interactive showing the biggest worldwide data breaches. If you have never been to this site, informationisbeautiful.net, you are in for a real treat!' Here's the interactive we will be focusing on (you will need to go to the site to experience the interactivity of it): First, let's me provide some orientation: The color orange indicates "interesting story" Years...

FinCap Friday Kahoots Are Here!

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Aug 16, 2018
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Question of the Day, Identity Theft, FinCap Fridays
Just in time for the new school year, NGPF has something to energize your Friday classrooms and engage them through current events. This will replace our Friday Question of the Day and we are calling it FinCap Friday and here's the deets [FinCap being short for building Financial Capability!]: We pull a current event and create a five question Kahoot which will build your student's content knowledge on the topic. We look for current events that are not ephemeral but will continue to be...

Just One Resource - PROJECT: Create a Scam Guidebook

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May 23, 2018
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Just One Resource, Financial Literacy, Identity Theft
        In this new weekly blog post, Jessica will highlight Just One Resource from our NGPF collection that maybe doesn't get the attention it deserves. Use it this week or bookmark it for later.    [The Resource]  PROJECT: Create a Scam Guidebook The Gist: Financial scams are everywhere, out to get you if you're not vigilant. As the school year draws to a close, why not have your students deep dive into the nitty-gritty of how different scams work...

Question of the Day: What's the most popular way for financial scammers to contact consumers?

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May 20, 2018
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Identity Theft, Question of the Day, Current Events, Research, Audio Resource
Answer: Phone Call Questions:  Have you ever been contacted by a scammer via your cell phone? How did you go about approaching the situation? While scammers connect most with people over the phone, how successful are they at stealing people’s money via this method? What’s one piece of advice you would give to your fellow classmate/colleague who’s trying to avoid falling prey to a scam call? Click here for the ready-to-go slides for this Question of the...

What’s New With……Credit Management?

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May 17, 2018
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Identity Theft, Credit Cards, Credit Scores, Credit Reports, Mortgages
This second quarter update deals mostly with credit cards and credit scores, but we touch on managing mortgages and financial infidelity. Credit Cards/Score Ever wonder what to do with that credit card you never use? There is not necessarily one answer for all situations. Do you know exactly what happens when if you make a late credit card payment? How about what happens when you don’t pay off your credit card balance in full? This one might make you think twice about opening a joint...

Looking for A Great Hook for Your Identity Theft Lesson?

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May 17, 2018
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Identity Theft, Audio Resource, Current Events
Hat tip to rock star educator Brian Page for shooting me an email with the subject line HILARIOUS! and suggesting a great hook for an ID theft lesson.  Here's the set-up for this call-in radio show: Today Jubal poses as a customer rep from a clothing company and he’s here to tell a girl that a BIG sale is about to happen!! And what’s even better…is she is allowed to be the very FIRST customer…BUT Jubal needs some of her PRIVATE financial information...

Question of the Day: What form of identity theft was most common in 2017?

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Apr 26, 2018
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Question of the Day, Financial Scams, Identity Theft, Current Events, Research
Answer: Credit Card Fraud Questions: Why do you think credit card fraud is so easy for scammers to commit? What are two trends that you can spot from analyzing the chart on the previous page? If someone steals your credit card and makes purchases, are you “on the hook” to pay for them? Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the Numbers (FTC's Consumer Sentinel Network Data Book 2017): ...

Question of the Day: What percent of minors (under 18 years of age) have had their identity stolen?

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Feb 12, 2018
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Question of the Day, Credit Scores, Credit Reports, Identity Theft, Credit Cards, Article
Answer: 10% Questions: Why do you think that this happens (ID theft) so frequently to minors?  What would you do if you found out that someone was using your Social Security number to open accounts?  How can you check to make sure this hasn't happened to you?  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 Buzzfeed, great article that your students will enjoy since it describes...

Top 10 NGPF Blog Posts for 2017

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Jan 01, 2018
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Interactive, Activity, Identity Theft, Behavioral Finance, Paying for College, Cryptocurrencies, Career, Current Events
Happy New Year from the NGPF team! With the new year upon us, it must be time for the Top 10 NGPF Blog posts for 2017. The NGPF Blog not only provides a daily Question of the Day for the entire school year but also gives you a weekly reading list to keep abreast of trends in personal finance and activity ideas based on current events. These are just a few examples of the smorgasbord available for the information hungry personal finance educator on the NGPF Blog. Subscribe by going to the blog...

Article: How Machine Learning Protects Your Credit Card Transactions

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Nov 27, 2017
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Article, Credit Cards, Identity Theft
How many of you have noticed those texts coming from your credit card companies to verify that a recent transaction is a valid one. Maybe, you were buying an item at a store you hadn't shopped at before or you traveled out of the state (or out of the country). Have you ever wondered how those machine learning algorithms are working in the background to help prevent credit card fraud. Wonder no more! Here's an explanation on how the fraud detection takes place (From The Week): A machine learning...

How To Integrate Personal Finance Content Into Family and Consumer Science Courses

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Nov 15, 2017
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Entrepreneurship, Investing, Identity Theft, Credit Scores, Credit Reports, Personal Finance
A few days ago, Leah Bratcher, Financial LIteracy Program Coordinator for FCCLA reached out to us with an interesting challenge. Leah helps Family and Consumer Science teachers discover ways to integrate personal finance into their courses, which can range from child development to fashion, interior design to hospitality, and more, all while adhering to different standards. As you can imagine, finding ways to weave personal finance into such a wide variety of subjects while meeting standards can...

Time for Some Levity: Cartoons About Credit Cards

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Oct 11, 2017
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Cartoons, Credit Cards, Identity Theft
Questions: What is the main point of the cartoon? How can a person protect themselves if their credit card number is stolen? Are consumers responsible for charges made on their cards that they didn't authorize?   Questions: What point is the cartoonist making? Who is the person "under the thumb?" Who is holding them down? What are the ways that credit cards can do this to consumers?  What are ways that consumers can avoid being "under the thumb" of card companies? Questions:...

Top 5 on NGPF Blog

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Sep 18, 2017
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Generosity, Identity Theft, Career, Economics, Employment, Compound Interest, Entrepreneurship
Here are the recent posts that have been attracting the most eyeballs: Steal of the Century: Equifax Hacked Looking for more on this event? Check out this list of links I came across today. Let's Pick A Side Hustle Infographic listing 25 "side hustles" which can make for an interesting classroom discussion How to Set Up A Mock Career Fair in Your School The NGPF team participated in this event at Carlmont High School in Belmont, CA. Thanks for John Rowe for inviting us into the...

What I'm Reading...

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Sep 16, 2017
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Identity Theft, Investing, Current Events
Interesting articles I stumbled across this week: Diversification sucks (Bason Asset Management) We all know investors are supposed to diversify their investments. It's really hard in practice though because you accept that not all of your investments will be top performers. This article provides the psychology behind what makes diversification so difficult.  If You Want to Feel Better, Spend Money on Saving Time (Wall Street Journal) "People feel happier when they pay to save time...