Category: Question of the Day

Question of the Day: What is the #1 reason people contribute to crowdfunding sites (e.g., GoFundMe and Kickstarter)?

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Jan 20, 2019
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Question of the Day, Generosity, Entrepreneurship
Answer: To help a person in need Questions: How would you define a "person in need?" Have you ever contributed to a crowdfunding site?  If so, what was the reason you contributed? If not, do you plan to contribute in the future? Who would have the greatest influence on getting you to contribute on a crowdfunding site?  28% of people who contributed didn't know the person that they were contributing to. What do you think led them to give?  Here's the ready-to-go...

Question of the Day: What investment product did Jack Bogle popularize which has benefited millions of investors?

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Jan 16, 2019
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Question of the Day, Investing
Answer: Index Funds Watch the first four minutes of this video to learn more about Jack Bogle's incredible innovation which has helped millions of investors (including many of our readers I am sure!):  Questions: In your own words, what is an index fund?  Why did Bogle believe that trading individual stocks was "a loser's game"?  Why have index funds become so popular compared to funds that try and beat the market (active funds)?  Here's the ready-to-go...

Question of the Day: Can you name ONE of the three top reasons that start-up companies fail?

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Jan 15, 2019
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Question of the Day, Entrepreneurship, Career
Answer: No market need Ran out of cash Not the right team  Questions: Why do you think it is so hard for start-ups to figure out what the market needs? Think of a company in your town that has done well (i.e. has lots of customers, always busy, been in business a while). Name three factors that you think led to their success. You want to start a company and know the importance of having a great team. What skills/traits would you look for in potential employees? Here's...

Question of the Day: What percent of U.S. millionaires are professional athletes?

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Jan 14, 2019
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Question of the Day
Answer: About 1% of U.S. millionaires (those earning $1 million/year) are professional athletes We often hear from teachers that students are convinced that professional sports are the road to riches but besides the challenge of making it to this pinnacle (only 0.03% of high school seniors playing basketball ultimately get drafted after playing college ball), almost 99% of millionaires have generated their wealth outside of professional sports. Then again, athletes who suddenly come into...

Question of the Day: What percent of 18-34 year olds are living with their parents?

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Jan 13, 2019
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Question of the Day
Answer: 34.5% Updated question of the day that first appeared in 2016. We like to keep it current! Questions: Do you know anyone in the 18-34 year age range who lives with their parents? Who? Why do they live with their parents? Why do you think that certain states have higher percentages of 18-34 year olds living at home with their parents? At what age do you envision yourself living on your own? What is your plan to develop financial independence? Here's the ready-to-go...

Question of the Day: What do 92% of adults fear most when it comes to looking for a new job?

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Jan 09, 2019
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Question of the Day, Career, Employment
Answer: The Job Interview Questions: Have you ever had a job interview? If so, how did it go? If not, are you worried about going on a job interview? What would worry you about a job interview?  What questions do you think employers would ask during an interview for a specific job that you are interested in?  What steps do you think are important in preparing for a job interview?  Here's the ready-to-go slides for this Question of the Day that you can use in your...

Question of the Day: What is the most popular online service: purchasing used goods, using ride-hailing apps (e.g., Uber) or hiring someone for a task?

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Jan 08, 2019
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Question of the Day, Purchase Decisions, Budgeting, Career
Answer: Purchasing used goods Questions: Which of these online services are you familiar with?  Have you used them or know anyone who has?  Can you imagine having a "side hustle" involving any of these online services? Explain. What do you think will be the most popular online service in 5 years?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Pew Research): Some of these services...

Question of the Day: What is the #1 way that shoppers use their cell phones to help with in-store purchases?

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Jan 07, 2019
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Question of the Day, Purchase Decisions, Behavioral Finance
Answer: Call or text someone to discuss a purchase Questions: Have you ever used a cellphone to help with a purchase decision while inside a store?  If so, which of the four actions above have you done and how did it affect your purchase?  Do you often reach out to friends before making an online purchase?  How do you use online reviews before purchasing a product? How do you judge whether or not a review is credible and should be believed?  Here's the ready-to-go...

Question of the Day: What is the most popular New Year's resolution for 2019?

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Jan 06, 2019
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Question of the Day, Savings, Behavioral Finance
Answer: Exercise more Here are the top five: Questions: Do you think that making New Year's resolutions are a good idea? Explain.  Do you have any New Year's resolutions? If so, what are they? If not, why not?  What are some strategies that you can use to make resolutions stick? Have you had success with these in the past?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (from the Denver Channel): ...

Best of 2018...NGPF Questions of the Day

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Jan 03, 2019
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Question of the Day, Career, Budgeting, Credit Cards, Employment, Current Events, Personal Finance
Questions of the day a.k.a. "bell-ringers" are a great way to get the conversation started about a money topic. What makes a good question of the day? It's relevant, timely and thought-provoking. Subscribe here and you will get a daily Question of the Day delivered to your inbox during the school year. See how many of these top 10 QoD from 2018 you can answer:) #`10: What 3 jobs are projected to be the fastest growing over the next decade? #9: What percent of 18 year old college students have...

Question of the Day: What is the most popular finance app in the IOS (iPhone) Store?

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Dec 19, 2018
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Question of the Day, Checking Accounts, Research, Teaching Strategies, Payment Types
Answer: Cash App (Square) From App Annie (December 12th 2018) Questions: How comfortable are you using financial apps on your smartphone?  How many of these apps do you currently use? plan to use in the future?  How would you group these apps into different categories?  Are there any financial apps not listed here that you use?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Motley Fool)...

Question of the Day: What are the items that the highest percentage of people prefer to purchase online rather than in a physical store?

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Dec 18, 2018
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Question of the Day, Budgeting, Behavioral Finance
Answer: Books, music, movies and video games From Statista:  Questions: Which of the items in the chart above do you prefer to purchase online vs. in-store? Why do you like to purchase some things in a store instead of online?  Why do you think that only 1/4 of people prefer to buy their groceries online rather than in a store? How do think these percentages will change in 5 years? Why?  Here's the ready-to-go slides for this Question of the Day that you can use in...

Question of the Day: Where does more holiday fraud happen: online or in physical stores?

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Dec 17, 2018
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Question of the Day, Identity Theft, Financial Scams, Budgeting
Answer: It's a tie, Online and in-store channels were hit equally.  Questions: Did the results surprise you? Explain. What are ways that online shoppers can have their identity stolen? Do you know anyone who has been a victim? Name at least three ways that you can protect yourself from identity theft.  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (from PaymentsSource): Mobile and e-commerce sales are...

Question of the Day: What tech company do people trust the least with their personal information?

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Dec 16, 2018
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Question of the Day, Identity Theft
Answer: Facebook Questions: Why do you think that consumers place so little trust in Facebook protecting their information? Did any story over the last year stand out in your mind?  Are you more or less worried about the protection of your online personal information compared to a year ago? Explain. Describe how you have changed your behavior online as more information comes out about how companies are using your personal information. Would you ever not do business with a company if you...

Question of the Day: What was the most searched "What Is...?" on Google this year?

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Dec 16, 2018
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Question of the Day, Investing, Cryptocurrencies, Current Events
Answer: Bitcoin Questions: Bitcoin was once worth almost $20,000 and now it's hovering around $4,000. Any ideas on why the price has declined so much? Do you know anyone who has invested in bitcoin?  Investors use the term "popping the bubble" in describing an asset that rises quickly and then drops sharply. Why do you think investors get so excited about certain assets like bitcoin while the bubble is inflating?   Here's the ready-to-go slides for this Question of...