Jul 18, 2018
Behavioral Finance, Interactive, Investing, Stocks
Hat tip to Big Picture Blog which pointed to this Jason Zweig article about whether our brains are wired for wealth. It's a great read and buried within it is a reference to the Iowa Gambling Task, which provides a good proxy for decision-making and risk-taking. Here's the premise of the game: you start The game takes about 5-10 minutes and I created a set of reflection questions (below) and here's link to a PBS video explaining the brain science behind the game.
Here's the opening screen...
Jul 15, 2018
Interactive, Career, Employment
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...
Jul 10, 2018
Investing, Stocks, Interactive, Current Events
Use this interactive to show how the U.S. economy as represented by the DJIA has changed. Click on the start button and you this interactive will show companies entering and leaving the index over time. You can also pause it as these changes occur.
Note: This CNN interactive hasn't been updated to reflect GE getting booted out in June 2018. Who was their replacement? Answer below.
How has the composition of the Dow Jones Industrial Average changed over the years as...
Jul 08, 2018
Interactive, Budgeting, Behavioral Finance, Purchase Decisions
Ok, I have never been accused of having a designer's eye and answering the five questions in this Marketplace quiz provided further proof of that. I thought this short interactive might lead to interesting conversations about why we buy the things we do and all the psychological factors that play into purchasing decisions (e.g., status vs. function)
Did you do better or worse than you expected picking out the higher-end furniture?
Jun 05, 2018
NGPF Fellows, Teaching Strategies, Activities, Checking Accounts, Interactive, Personal Finance
Teachers who attend our Summer Institute in Palo Alto become NGPF Fellows the following school year -- this Fellowship includes presenting with us at PD sessions, offering NGPF feedback on products, writing guest blog posts, ... the list goes on. Today features a Tech Tool Review from Jill Wilson of Glenwood Springs High School in Glenwood Springs, CO. Here's what Jill has to say...
Tech Tool: MyKidsBank.org (Artificial online, electronic banking tool)
Free, no advertising
Apr 25, 2018
Paying for College, Personal Finance, Interactive
PALO ALTO, California, April 26, 2018 - Next Gen Personal Finance (NGPF), a non-profit committed to ensuring that ALL students leave high school with the skills needed to thrive in an increasingly complex financial world, is pleased to announce the 150 honorable mention winners of their inaugural PAYBACK Challenge.
This essay contest attracted over 500 submissions from students in all fifty states. After playing the award-winning game, PAYBACK, students wrote a 250 word essay with the...
Apr 10, 2018
Teaching Strategies, Case Study, Taxes, Professional Development, Interactive
Look for this new column, "In The Trenches," to become a regular feature on Tuesdays for the NGPF Blog. Teachers will share their experiences in the classroom and how they apply what they learned at NGPF PD events (FinCamps, FinCamps PLUS, Summer Institute and Summit). This week, we focus on how two NJ educators applied what they learned at the recent NGPF Summit.
Kay Paolucci: Barringer Academy of STEAM (Newark, NJ)
I wanted to share my experience with the 1040EZ activity. The activity supplies...
Apr 05, 2018
Interactive, Behavioral Finance, Paying for College, Budgeting
Update (9:30PM PT): PAYBACK Leading SPENT 129-63
BE HEARD! VOTE HERE FOR THE CHAMPIONSHIP ROUND
VOTING ENDS FRIDAY AT 11:59PM PACIFIC TIME
The savagery! The demagoguery! The calamity! The Championship Game is upon us.
Respectively, #1 PAYBACK and #5 SPENT just threw down two MASSIVE statement wins over energetic championship hopeful #2 Can You Make It As An Uber Driver and gritty underdog #11 Tale Of Two Credit Scores.
As we know, respectively does not mean the same thing as...
Mar 30, 2018
Current Events, Insurance, Student Loans, Stocks, Budgeting, Interactive
Social Media under the Microscope
Unless you have had your head in the sand, every other headline this week was about FACEBOOK. Here are a sampling of articles that cover all of the angles.
You can start here with an explanation of the Google and Facebook privacy issue.
Then learn what data Facebook (and others) collects on users. (EVERYTHING!!!)
Are you now curious to see exactly what Facebook has on you? This tells you how to get that info for yourself.
If that was scary - maybe...
Mar 28, 2018
Credit Scores, Interactive, Budgeting, Behavioral Finance
FINAL SCORE: Spent Edges FICO Score Simulator, 35-28, in Defensive Struggle
MAKE YOUR SELECTION FOR TODAY’S GAME HERE
#4 FICO Score Simulator vs. #5 Spent
All but 1 of NGPF’s FINANCIAL FOUR resources have been decided. Today’s Marquis Matchup of FICO Score Simulator and Spent proves to be an absolute dogfight for the last spot in the FINANCIAL FOUR. Then, tomorrow - tune in and let your voice be heard to decide who will compete on Monday, April 2 for the...
Mar 27, 2018
Career, Current Events, Interactive, Paying for College, Employment
FINAL: Uber Driver Advances to Final Four in Low Scoring Struggle With Earnings by College Major; Final Score: 45-26
Update at 2pm Wednesday: Uber Driver Leads Earnings by College Major 36-22
MAKE YOUR SELECTION FOR TODAY’S GAME HERE
Two teams have punched their ticket to Friday’s NGPF FINAL FOUR matchups. Who will join them in the semifinal round, and a case to be made for NGPF’s 2018 Resource of the Year? Players will play. Ballers will...
Mar 25, 2018
Interactive, Parent Conversations, Paying for College, Credit Cards, Credit Reports, Credit Scores
PAYBACK looks unstoppable as they crushed Community Credit 186-14 yesterday. Will they be tested in the Final Four? Stay tuned.
UPDATE on Monday at 9am PT
Yes, you are reading this correctly: PAYBACK 151 - Community Credit 11. Looks like their starters will be extra fresh as PAYBACK appears close to punching their ticket to the Final Four.
The pretenders have left town and the field has been whittled down to 8 NGPF resources. What patterns can we discern from the...
Mar 23, 2018
Personal Finance, Activities, Investing, Interactive, Credit Scores, Budgeting, Behavioral Finance
The two weekend tilts are upon us! Who will join the 6 other Sweet Sixteen winners from the week? Time (and YOUR social media influence) will tell. Let ‘em hear your voice in the rafters, baby!
Vote in Today’s Tilts:
#4 Joining the Market vs. #13 FICO Score Simulator
#5 Spent vs. #12 Think You Can Beat The Stock Market?
FINAL Update on Sunday, March 25 at 7AM
In a major upset, #13 FiCO Score advances to the Elite 8 with a 27-11 trouncing of Joining the Market. Pundits wonder...
Mar 21, 2018
Personal Finance, Stocks, Paying for College, Current Events, Career, Activity, Activities, Interactive, Employment
FINAL RESULTS Midnight Thursday
Uber Driver advances to the next round with a convincing win scoring 62 vs. Five Stocks 43
Earnings by Major upsets Online Tools and Apps by a score of 56-48
Update 12 noon Thursday
Uber Driver continues to maintain its lead over Five Stocks at 59-41 (actual vote totals)
Earnings by Major has expanded its lead to vs. Online Tools and Apps with the score of 54-46 (actual vote totals). Where's the social media support for Online Tools and Apps?...
Mar 05, 2018
Interactive, Investing, Personal Finance
I thought this might get your attention. A morbid question for sure but probably one that many are curious about.
So you are reviewing your lessons for your upcoming investing unit and struggling again with how you are going to get your students interested in "investing for retirement." How can you possibly get your students interested in this topic when their idea of long-term is their class next period. This interactive should help. Students enter their gender and their age and voila!...