Category: Interactive

Interactive Monday: Inflation/Deflation

|
Mar 03, 2019
|
Interactive, Economics
Inflation is one of those economic phenomena that most people underestimate. Why? When prices change 2-3% a year, it's hard to notice. Over a decade or two, those small annual changes compound and become significant.  The Official Data Foundation has an inflation calculator by product category which provides a multitude of opportunities to demonstrate to your students inflationary changes since 2000 (which may coincide with your students' birth dates. A few activity ideas: 1. Why is the...

How do I best use the Interactive Library?

|
Feb 28, 2019
|
PRO Tip from NGPF, Interactive
THE PROBLEM: What's the best way to use the NGPF Interactive Library? And where do I find the worksheets?  THE ANSWER: Watch this short video for a quick overview and some tips on best utilizing our Interactive Library and accompanying worksheets.  Want to receive a weekly PRO Tip to your inbox? Sign up here. ...

Interactive Monday: What are the rental costs in your community?

|
Feb 24, 2019
|
Interactive, Budgeting, Research, Math, Economics
Hat tip to Joy Tavano of North Kingstown High School (RI) who shared this resource in a recent PLC with Jessica. The site, rentdata.org,  has detailed information about average rents in every county in the U.S. and better yet provides the information on a historical basis back to 2006. Given that housing costs are typically the largest cost component in a budget, this interactive provides students with a sense of the cost of living in their community. For students who consider moving to...

Interactive Monday: How Soon Can I Retire?

|
Feb 18, 2019
|
Interactive, Retirement, Investing, Index Funds
We all know how difficult it is to get kids to think about investing for retirement but also know how important it is to convince them to start investing ASAP given their youth and the magical powers of compound interest. So, what's the hook? What young person doesn't dream of retiring early which is kind of ironic given that many of them have these thoughts before they even have their first job. Stay with me. This focus on early retirement, which has gained more prominence recently with the...

The Psychology of Investing: Avoid Stupid Mistakes, Play STAX

|
Feb 12, 2019
|
Interactive, Investing, Stocks, Index Funds
Hat tip to Vadas at Abnormal Returns for pointing out this article from Behavioral Investment about why we make stupid investment decisions.  The article lays out nine reasons why normally rational, thoughtful people make what he describes as "sub-optimal" investment decisions. As I read through the list, I realized how our investing game STAX (over 160,000 game plays since November launch) gives students an opportunity to make a lot of stupid decisions which they hopefully will learn from...

Interactive Monday: Which colleges are best at income mobility?

|
Feb 10, 2019
|
Paying for College, Research, Interactive
From NY Times The Upshot comes an interactive tool, Economic Diversity and Student Outcomes at America’s Colleges and Universities. As college acceptance letters and financial aid awards roll in over the next few months, this interactive provides information on economic diversity as well as income mobility at thousands of universities across the U.S. This interactive comes from the analysis of tax records and college records for millions of people.  Details on the study: The...

Just One Resource - INTERACTIVE: Shady Sam

|
Feb 04, 2019
|
Just One Resource, Interactive, Math, Behavioral Finance, Student Loans, Mortgages, Financial Scams
    In this weekly blog post, the Curriculum team 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]  INTERACTIVE: Shady Sam The Gist: Students play loan shark in this engaging game where they see loans from the perspective of a lender as they try to maximize their profits.  The Best Parts: Students decide between three loan options for...

Interactive Monday: Spam Slam Scam

|
Feb 03, 2019
|
Interactive, Identity Theft
This week's interactive comes courtesy of the Federal Trade Commission (thanks to the teacher at Salt Lake City FinCamp who share this with us): It's a quick three question game that will teach your students:  Steps you should take if you receive spam How to avoid being scammed if you receive spam Applying critical thinking to determine the types of messages that are spam One additional extension might be to have students highlight one example of spam that they have received in the last...

Interactive Monday: What are the opportunity industries in your community?

|
Jan 27, 2019
|
Interactive, Career
This Brookings research provides students with information about the quality of job opportunities in the 100 largest metro areas. With this interactive, students select a metro area and immediately get a read on the job market in that area. When these interactives allow students to understand their community better, we know it will engage them.  Here's Durham-Chapel Hill, NC as an example: As you can see the chart is color-coded based on four job categories: Promising jobs defined as...

Interactive Monday: Maternity Leave Policies

|
Jan 13, 2019
|
Interactive, Career, Employment, Policy
Hat tip to Jessica for pointing out this interactive that compares company maternity leave policies in a visual way: It took me a minute to orient myself to this bubble chart. This chart represents the maternity leave policies of over 1,800  U.S. companies with the size of the bubble representing the number of weeks of paid maternity leave provided. The 0's on the perimeter of the circle are all the organizations with 0 paid time maternity leave policies. As your scroll down the page, you...

Interactive Monday: Where should the government be spending your tax dollars?

|
Jan 06, 2019
|
Interactive, Taxes, Current Events
Thanks to Jessica, knee-deep in updating NGPF's Tax Unit the past few days, for passing along this excellent tax interactive from the National Priorities Project. Budgets are important. Why? One can tell a lot by analyzing them. They reflect a person, a company or, in this case, a country's priorities.  This interactive, Your Federal Income Tax Receipt, allows students to see the current federal priorities funded by their income taxes and the taxes paid by their parents/guardians. After...

Best of 2018...NGPF Webinars

|
Dec 28, 2018
|
Webinar, Investing, Tips for Teachers, Interactive
NGPF Webinars build content knowledge, provide ideas for NGPF activities that educators can use in your classroom and share best practices. Here are the top NGPF Webinars from 2018:  5. Teaching Soft Skills for the 21st Century! 4. Brush Up On Investing 3. NGPF Semester Course: Planning for Success 2. STAX: The Newest Game to Teach Investing 1. Getting Started with Google Classroom ------------------- Earn PD hours by watching one more of the  webinars in our in...

Interactive Monday: How Much Will You Pay Over Your Lifetime In Banking Fees?

|
Dec 16, 2018
|
Interactive, Checking Accounts, Research
It's easy to lose track when you are getting nickeled and dimed every month with a non-network ATM fee here or a monthly maintenance fee there or even that dreaded overdraft fee. Have you ever pondered that depressing thought of what that might amount to over a lifetime? This interactive from NerdWallet does that very analysis, by calculating the bank expenses one would pay over a lifetime based on a certain set of assumptions about the cost of various fees and the number of occurrences. ...

Interactive Monday: Poverty Rate by State

|
Dec 09, 2018
|
Interactive, Budgeting, Research
Thanks to Beth Tallman for pointing out this interactive map from Overflow Solutions: Orientation: Color: Blue is lower poverty and orange/red is higher poverty rate Graph on right tracks the individual state poverty rates from 2009-2017 The U.S. map also tracks data from 2009-17 allowing students to see the time series unfold Questions: Use this resource to discover how these poverty rates are determined. In your own words, what does it mean to live in poverty?  How have the poverty...

Interactive Monday: You Better Know The Difference Between Net vs. Sticker Price For College (and so much more!)

|
Dec 02, 2018
|
Paying for College, Interactive, Research, Student Loans
Thanks to NGPF Fellow Amanda Volz for passing along this great resource called TuitionTracker. It's easy for your students and their parents to pick up on the high cost of college. Headlines trumpet colleges that have now crossed the $70,000/year threshold. What is less understood is the fact that on average private colleges are now almost discounting tuition by 50%. Of course, 50% off a $40,000 sticker price is still $20,000/year which is challenging for most of your students. But I digress....