Nov 04, 2020
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...
Oct 27, 2020
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:
The future of employer-employee relationships at Uber, Lyft, and other similar services...
Aug 31, 2020
"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...
Apr 19, 2020
Interactive, Behavioral Finance, Budgeting
Are you looking for Free PD in this content area, one hour at a time, on your own time? Check out our On Demands Tackle the 1040.
If you want to become content expert and earn an NGPF certification, consider our Taxes Certification courses.
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.
Apr 19, 2020
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...
Apr 12, 2020
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...
Mar 08, 2020
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)
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...
Mar 01, 2020
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):
Of the 12 companies, how many of their...
Feb 23, 2020
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...
Feb 09, 2020
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...
Feb 02, 2020
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...
Jan 26, 2020
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):
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? ...
Jan 12, 2020
Hat tip to NGPF Fellow Jill Wilson and her students at Glenwood Springs High School in Colorado for sharing this interactive. It helps renters quickly get a sense for the value of what they own and the amount of renter's insurance they may need.
The interactive starts by having students walk through each room in their "apartment." They use a slider bar to indicate how spartan or extravagant their room while the interactive estimates the value of the "stuff" in the room. Here's the intro...
Jan 08, 2020
Interactive, New Products
Update (1/31/20): Money Magic is now released. Play it at www.playmoneymagic.com.
This game can be found in the NGPF Arcade here. Enjoy!
"Learn the tricks of budgeting" is the tagline for this new NGPF Arcade Game.
Here's a short teaser video to whet your appetite:
Mason and I had a lot of fun piloting Money Magic at a high school in San Mateo, California today.
Here's what we heard from students:
What do I need to save to make it to Vegas...
Jan 05, 2020
Interactive, Budgeting, Purchase Decisions, Activities
Hat tip to Kareem for uncovering this CNN interactive to assist those overwhelmed by choice when it comes to streaming services.
The interactive starts with a helpful flow chart showing where fave series like Friends, Parks and Rec and Seinfeld are moving to.
It then lists 8 of the leading streaming services (e.g., HBO Max, Netflix, Apple TV+) with details on what to expect from the service as well as popular movies/shows that will appear.
Here's the details on Disney+: