Feb 06, 2020
Personal Finance, New Products
We released The Most Important Class You Never Had today. It's a documentary that tells the story of 8 extraordinary teachers and how personal finance education empowers their students, their families and even the teachers themselves.
We hosted several screenings for teachers recently and this was their 'top 10" when it came to how they plan to use the documentary to support their program: 10. Show to admin to persuade them to add sections and increase access9. Share with a state...
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...
Dec 25, 2019
Question of the Day, Behavioral Finance, Budgeting, Credit Cards, Credit Scores, Current Events, Investing, New Products
If you receive our daily blog updates, you know that we produce a Question of the Day every Mon-Thursday during the school year..which amounts to about 160 questions. Here are the 10 questions that garnered the most pageviews in 2019. See how many you can answer correctly:
What's the average credit score needed to rent an apartment?
What percent of people age 75 and older are still working?
What percent of U.S. millionaires are professional athletes?
What percent of 18-34 year olds are...
Dec 19, 2019
One of the most exciting curriculum developments NGPF had in 2019 was the new mini-units! Wondering what a mini-unit is and how to use one? Just read below!
What is a mini-unit? How many are there?
There are currently 6 mini-units. A mini-unit generally consists of three to five 45-minute lessons (hence the name "Mini"!). Each mini-unit has the same components of any other NGPF lesson you might use in the classroom - a unit plan, lesson guides, student activity packets,...
Apr 05, 2018
Checking Accounts, Debit Cards, New Products
Cash or No Cash?
Have you noticed your favorite businesses going cashless? How much cash do you carry? Read how David Gelles of the New York Times decided to give the cashless lifestyle a try.
If we are moving to go cashless, then this news about cardless ATMs may have a limited lifespan.
Checking Account Fees and Features
You are not imagining it: checking account fees are on the rise.
You may have to search harder, but free checking accounts still exist.
As fintech evolves...
Feb 23, 2018
Podcasts, Checking Accounts, Interactive, New Products, Personal Finance
The NGPF podcast's first international guest, Kendall Flutey, is one hard-working entrepreneur—she set aside time on a Saturday (NZ Time) to talk to us! She saw a gap in financial literacy education in primary schools through her brother's eyes, and decided to change things for the better. Fueled by her passion for business, the former accountant signed up for coding bootcamp, and 6 months later she was equipped to bring the vision of her startup to life. Banqer was born in 2015, and...
Oct 03, 2017
Paying for College, Interactive, Current Events, Student Loans, New Products
Take the Payback Challenge to learn how much college majors pay and how to minimize that pesky student debt.
One of the frustrating insights from our recent research report, Who Has Access To Financial Education In America Today? was how infrequently "paying for college" (or some variant) was covered in a personal finance course. Yes, while scouring 11,000 websites and 18,000 course descriptions, college was far down the list of terms that were most frequently cited. Yet,...
Aug 10, 2017
New Products, Personal Finance
I'm so proud of the NGPF team (Jessica, Sonia, Amanda, Laura, Ren, Sid and Niko) and the way they came together to achieve great things, namely launching our One-Semester Course, just in time for the school year. It was a marvel to witness the collaboration and choreography required to complete such a monumental task in such a short period of time. Kudos to this amazing team who kept their commitment to educators to deliver this curriculum in time for the 2017-18 school year.
Jun 26, 2017
Question of the Day, New Products, Insurance, Article
Answer (from NY Times; subscription): 78% or $671!
More from the Times article:
An annual analysis by insuranceQuotes.com, a rate comparison site, found that adding a teenager still increased annual premiums substantially, but the magnitude of the increase has been falling over the past few years.
Adding a single teenager to a policy caused annual premiums to increase an average of 78 percent, or $671. But rate increases have been decreasing since 2013, when the average increase was 85 percent....
Jun 25, 2017
Credit Cards, Credit Scores, New Products, Podcasts
I really enjoyed the recent conversation I had with Marla Blow who is not your typical credit card executive. She runs a start-up credit card company (FS Card, Inc.) focused on helping subprime customers get their “sea legs” to establish a positive credit history. In a sense, she has been preparing for this role for her entire career. You will hear about her odyssey from modeling losses in credit card portfolios during the Great Recession to signing on as an early team...
Jun 22, 2017
Article, Question of the Day, Research, New Products, Purchase Decisions, Current Events, Chart of the Week
Interesting WSJ article (subscription) highlights how dramatically the concept of car ownership is changing in light of current ride-sharing trends and the potential for autonomous vehicles in the future. Here’s a graph that shows how new car buying has slowed dramatically among younger Americans:
Other key points from this article (about a 5 minute read):
1/4 of miles driven may be through shared, self-driving vehicles by 2030: “Car ownership, for a long time, has symbolized...
May 15, 2017
Investing, Index Funds, New Products, Podcasts, Entrepreneurship
Thanks to Andy Rachleff for this great conversation on the NGPF podcast recently. To say Andy has had an amazing career is an understatement. To name just a few of his roles: Founder of a premier venture capital firm (Benchmark), successful venture capitalist, sought after entrepreneurship instructor (Stanford Graduate School of Business) and currently a co-founder and CEO of a financial services disrupter (Wealthfront). Andy shares the insights he has gained over his illustrious career as well...
May 10, 2017
Podcasts, Teaching Strategies, New Products, Tips for Teachers
Today on the podcast we hear from NGPF’s Jessica and Sonia about the new One-Semester Course that they are creating. We often hear from teachers that NGPF has great content but also that there is SO much of it. Given how busy you are, we wanted to make it easy for you by developing the “greatest hits” of NGPF that you could fit into a semester course. Putting their problem-solving hats on, Jessica and Sonia are in the process of developing a One-Semester Course of exactly...
Apr 30, 2017
Checking Accounts, Research, Personal Finance, WebQuest, Teaching Strategies, New Products, Current Events
A whole lot of peoples’ pain ($33 billion in overdraft fees) seems like an opportunity to one entrepreneur!
Mark Cuban was crushed with overdraft fees in his 20s. Now he’s backing an app that’s trying to help people avoid having to pay them. The billionaire has invested in a new app called Dave that aims to predict coming expenses for users to help prevent them from overdrafting on their bank accounts.
Have your students go to Dave.com and review the app:...
Apr 07, 2017
Behavioral Finance, Credit Scores, Career, Research, New Products, Current Events, Chart of the Week, Credit Reports, Math
Tesla now worth more than Ford but their valuation depends on hitting aggressive sales targets for Model 3 (Economist)
But Tesla is going to have to crank production up by an awful lot more to make the 500,000 cars a year which Mr Musk wants to see pouring off the production line by 2018, let alone the 1m intended for just two years later. To reach those volumes, Tesla is counting on its forthcoming Model 3. Priced at around $35,000, the new car will cost around half that of the other two...