Category: Interactive

2 Rocking Interactives for the Holiday Season

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Nov 24, 2020
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Interactive
Ever since the start of the modern Macy's Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to the holiday shopping season. The term “Black Friday” was coined in the 1960s to mark the kickoff to the Christmas shopping season and originated in Philadelphia. “Black” refers to stores moving from the “red” to the “black,” back when accounting records were kept by hand, and red ink indicated a loss and...

My 9 Favorite Interactives to Teach Credit

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Nov 18, 2020
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Interactive, Credit Cards, Credit Scores
Here is my current ranked list of my favorite credit interactives that could be used in our Managing Credit or Types of Credit units.  #1 INTERACTIVE: Shady Sam: This is our existing companion handout to the engaging and easy to play credit game Shady Sam.  #2 INTERACTIVE: FICO Credit Scores: This is our existing virtual adaptation companion handout to the wildly popular FICO Credit Score Simulator.  #3 INTERACTIVE: Play the Credit-Score Game. We used pieces of the WSJ interactive...

5 Resources to Decipher the U.S. Debt Clock

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Nov 10, 2020
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Interactive, Student Loans, Credit Cards, Economics
The U.S. Debt Clock illustrates our soaring debt by the second. As sobering as it is, it can serve as a springboard into multiple personal finance topics.  Student loan debt By the time readers are engaging with this article, our national student loan debt may have surpassed $1.7 trillion. Use this to ignite a discussion and select one of these three interactives to extend their learning. Credit card debt American consumer credit card debt is approaching $1 trillion, and I have to wonder,...

3 Interactives: The Rising Cost of College

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Nov 04, 2020
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Interactive, Paying for College
The cost of college has skyrocketed over the past fifty years significantly outpacing CPI (see chart on the right). There is no singular reason why, unfortunately, it was a perfect storm of problems that have coalesced to arguably one of the greatest challenges we face as a country.  The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. In other words, the inflation rate. In our...

Interactive Ideas: 3 Different Ways to Use the Uber Game

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Oct 27, 2020
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Interactive, Employment
Estimates show as much as a third of the working population in some way participates in the gig economy, a pattern that continues to rise. Introducing and engaging students into learning more about the gig economy is becoming a necessity in every personal finance classroom. One of our favorite teaching tools to do so is the Uber Game. Here are three ways you can use the Uber Game in your classroom: Debate The future of employer-employee relationships at Uber, Lyft, and other similar services...

Interactive Monday: 2 Interactives on State Taxes Show How It's Collected and How It's Spent

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Aug 31, 2020
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Interactive, Taxes
"Pew has an excellent interactive that allows users to compare from one state to another how revenues are collected. This Census Bureau interactive allows users to see how their state spends taxes collected, and compare states. There are lots of possibilities for prompts for this in a personal finance or economics class, such as:  In what ways does your state collect and reallocate tax dollars?  How does that impact you?  How does that impact...

Interactive Monday: Claim Your Future Budgeting Interactive

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Apr 19, 2020
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Interactive, Budgeting
An easy to use budgeting interactive is the perfect tool for any personal finance course transitioning to online learning. Shout out to FAME - Finance Authority of Maine for creating exactly that. FAME’s Claim your Future gives your students a simplified look at the budgeting process in a budgeting interactive that takes less than 15 minutes to complete. It starts with a brief assessment and then provides a randomized (or chosen) profession/income. Then students get to decide how much to...

Question of the Day: What percent of taxpayers are expected to receive a stimulus check?

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Apr 19, 2020
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Interactive, Behavioral Finance, Budgeting
Stimulus checks started showing up in bank accounts over the past week so I thought this was a relevant question.  Note that if the IRS doesn't have your bank account information, checks will be sent out later this month. Answer: 83% Questions: How do you think that most Americans will spend these checks which are $1,200 for individual taxpayers and $2,400 for couples with an additional $500 for children under age of 17?  The stimulus checks are NOT going to individuals and couples...

Interactive Monday: The Auction Game

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Apr 12, 2020
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Interactive
Many may be surprised to discover that art is considered an asset class with contemporary art generating annual returns of 7.5% on average since 1985.  Hat tip to Morning Brew for highlighting the Auction Game, where your students get to bid on famous and not-so-famous works of art. Through this process students will gain an understanding of how a non-traditional, less liquid auction market works.  Unlike the stock market that has millions of shares being bought and sold...

Interactive Monday: Fastest Growing Jobs since 1970

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Mar 08, 2020
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Interactive, Career, Employment
From Flowing Data comes a chart showing trends in job growth and decline over the past 4 decades. As you move the cursor over the graph, you can see what jobs correspond to the lines on the graph.  Here's a snapshot (click to go to the interactive chart) Questions: Three fastest growing jobs since 1970? Three jobs that have seen greatest decline?  What jobs were most impacted by the Great Recession of 2008-09? Have they recovered to their pre-recession levels? Focus on the last...

Interactive Monday: Can you draw these logos from memory?

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Mar 01, 2020
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Interactive, Advertising
Hat tip to Yanely for pointing out this site: neal.fun that has several fun interactives on it.  This week's interactive is all about corporate logos and your ability to draw them from memory.  Your students are given a blank palette and asked to draw a logo from memory. Note that several of the logos are multi-color which you can discover when you click on the color circle in the bottom left. Here's the first example (out of 12): Questions: Of the 12 companies, how many of their...

Interactive Monday: Career Outcomes by College Major

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Feb 23, 2020
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Career, Interactive, Employment, Paying for College
What are the employment prospects for the major that I am interested in?  How much can I expect to earn right after college based on my major? What earnings can I expect in the middle of my career? Will I need a graduate degree in the field I'm interested in?  These are just a few of the questions that students might ponder as they consider their college major. This interactive from the NY Fed provides this data and more on 70+ majors. Here's a sampling of the information provided...

Interactive Monday: Visualizing salaries for hundreds of occupations

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Feb 09, 2020
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Interactive, Career, Employment
A series of interactives from Flowing Data will help your students visualize how salaries vary between and within occupation groups. Useful for your career unit and also will work with math as it includes concepts such as median, percentiles and distributions. The first interactive ranks occupations by median salary and provides a sense of the number of people within an occupation by the size of the bubble (click below to go directly to the interactive which allows you to scroll over each bubble...

INTERACTIVE MONDAY: TurboTax Simulation

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Feb 02, 2020
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Interactive
NGPF is excited to announce the release of a new Taxes activity - INTERACTIVE: TurboTax Simulation! In this activity, students have the opportunity to file a fake tax return for numerous, fictional personas using an educational simulator of the TurboTax software developed by Intuit Education.  A few things to note:  The simulation does not collect any student data - students use a fake email address Many teachers like to do the popular CALCULATE: Completing a 1040 activity, in which...

Interactive Monday: What's the Unemployment Rate in Your County?

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Jan 26, 2020
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Interactive, Employment
The Census Bureau puts out some great data visualizations on a county-by-county level here.  Here's the Employment Status visualization which measures Unemployment Rate here (click on map for interactivity):  Questions: Study the legend to determine how the shading corresponds to the unemployment rate. What are 2-3 patterns you see when you look at the map of the United States?  Are there specific states where you see that unemployment is extremely high or extremely low? ...