Mar 20, 2020
Current Events, Investing, Economics, Paying for College, Taxes
Dealing with our new reality—here are articles that you may find helpful.
USA Today came up with this article to help kids come to terms with what is going on.
The food supply is secure. No need to hoard groceries. While there will be shortages of some products as adjustments are made, like food that was going to restaurants will find its way to grocery channels, if anything, production is gearing up. (NYT)
Jean Chatsky has been on NBC news affiliates today with her financial advice for...
Feb 28, 2020
Investing, Stocks, Current Events, Paying for College, Financial Literacy, Retirement
Given the huge and rapid correction in the stock market this week, we start this week’s list with the “Investing” articles:
This is the fastest market “correction” in history, and we aren’t done yet. (Yahoo Finance)
"Is The Stock Market Going to Crash?" The Irrelevant Investor takes a deep dive for those of you that like numbers and stats and graphs to address this question.
WSJ-(subscription) columnist Jason Zweig reports on survey results...
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...
Jan 31, 2020
Personal Finance, Behavioral Finance, Budgeting, Paying for College, Taxes, Insurance
Happy Super Bowl Weekend!
In case you missed this week's FinCap Friday, Credit Crunch details how the FICO methodology will impact millions of consumers.
Personal Finance/Financial Literacy
This article from the NY Times “Smarter Living” section got some attention this week in social media. “Does Personal Finance Still Work in our changing Economy?” contains a great discussion of the findings of the book The Financial Diaries (Rachel Schneider and Jonathan...
Jan 20, 2020
Paying for College, PRO Tip from NGPF, Student Loans
Amanda Volz brings you a Teacher Tip video on the activity ANALYZE: A Student Aid Report (SAR). This activity has students answer questions while reviewing a sample Student Aid Report and understand the importance of the SAR in the financial aid process. In this video, Amanda discusses how she used this activity in her classroom and provides some tips for you to use it with your students!
Did you know that we have 35 of these Teacher Tip Videos on our YouTube...
Jan 17, 2020
Financial Literacy, Investing, Economics, Paying for College
The corporate world is trying to fill in the void in financial literacy among their employees. According to a WorldatWork survey:
“70% of the 326 employers surveyed currently offer financial well-being benefits and more than half intend to expand such offerings in 2020.”
According to FinTech Times, FinTech businesses are also feeling compelled to fill the financial literacy gap among their customers with education initiatives.
Jan 13, 2020
Personal Finance, Contest Previous, Paying for College
PALO ALTO, California, January 14, 2020 - 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 recognize 10 students as National Grand Prize winners in their third annual PAYBACK Challenge Essay Contest.
Congratulations to the following students who will receive a $5,000 award from NGPF to be used for educational purposes:
Abigail Stackle of...
Jan 13, 2020
Personal Finance, Contest Previous, Paying for College
PALO ALTO, California, January 14, 2020 - 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 94 students from across the nation have received an Honorable Mention Award in their third annual PAYBACK Challenge.
Over 900 students from all across the United States submitted essays earlier last fall. After playing the award-winning college finance...
Jan 10, 2020
Employment, Economics, Investing, Paying for College
Your (Financial) Health
If you only have time to read one of these articles this week, make it this eye-opening piece from the Atlantic that digs into a research paper by economics from the St. Louis Fed on the college wealth premium—different from the income premium. (St. Louis Fed)
And then find a few minutes for this important read on how mental health issues can severely mpact your financial health. (Business Insider)
Is the Fed running out of tools to deal with a...
Dec 30, 2019
Checking Accounts, Paying for College, Credit Cards, Credit Reports, Career, Investing, Insurance
Our Unit Pages are the most visited pages on the NGPF website. Why? It provides teachers with all of the NGPF resources available on a given topic (unit) on ONE page. So, whether you are looking for 45 minute lessons or just individual resources to supplement your existing lesson, you can find them on the unit page.
Here were the unit pages that received the most page views:
Types of Credit
Paying For College
Dec 26, 2019
Behavioral Finance, FinCap Friday, Investing, Paying for College, Budgeting, Ethics, Generosity
Looking for a 5-10 minute resource to bring current events to your classroom? FinCap Friday is your solution. It's a quiz game, an explainer video and discussion prompts all wrapped into one cohesive resource. With over 600,000 plays since its launch in August of 2018, it's become a weekly Friday routine (or any other day of the week) in classrooms across the country.
Here's the Top 10 FinCap Fridays that are topping the charts (overall):
Famous and Frugal (Budgeting)
Dec 20, 2019
Personal Finance, Budgeting, Credit Scores, Investing, Paying for College, Taxes, Retirement
Many of the articles this week have a common theme: reflecting on the 2010’s as the decade comes to a close. Wishing you all a joyful holiday season and hope you enjoy your well-deserved break!
Do you think the Social Security Administration should mail out statements annually, or let people log on and check themselves? (WAPO)
Time again for New Years Resolutions: Here is a list from AICPA of 20 things you should consider doing to keep your financial life in order....
Dec 16, 2019
Question of the Day, Paying for College, Student Loans, Research
Here's the earlier QoD blog post that had data for the 2012 cohort. Slides have been updated to reflect up-to-date information.
Which school type has the lowest graduation rates? Which school type has the highest graduation rates?
What might explain these large differences in graduation rates?
What has been the trend in graduation rates over the last 3-4 years for the public and private non-profit colleges?
What do you think are the leading reasons that...
Dec 13, 2019
Paying for College, Podcasts, Research, Student Loans
I had a great conversation with Martin Van Der Werf from Georgetown's Center on Education and the Workforce. We discussed his center's report "A First Try At ROI" which analyzed the return on investment (ROI) for over 4500 colleges. He shares the key findings and insights from this report and how families should use this information as one input in the college selection process.
1:47~3:38 Considering the ROI of attending college
Dec 13, 2019
Personal Finance, Mutual Funds, Economics, Paying for College, Investing
Only one more reading list before the holidays, so we will start with Personal Finance Gift ideas!
If you are looking to add to your holiday reading list (or wish list), here are the six books the Washington Post suggests you read on personal finance.
How about gifts for kids that will teach them about money? Here is a list of ten to consider. (Yahoo Finance)
The Fed is holding interest rates where they are, and will probably keep them there. (Bankrate.com)