Category: Question of the Day

Question of the Day: What percent of Gen Z subscribe or share a Netflix account?

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Feb 23, 2021
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Question of the Day, Budgeting
Answer: 78% Questions: Do you subscribe to Netflix? What makes it such a popular platform? How do you enjoy movie and television content? What is your streaming service of choice? In light the Covid-19 pandemic and the growth of streaming services, do you think movie theaters will continue to find success when reopened? Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (Business of Apps):...

Question of the Day [Black History Month]: How did Madame CJ Walker become the first American woman to be a self-made millionaire?

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Feb 22, 2021
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Question of the Day, Entrepreneurship
Answer: She invented a line of African American hair products and promoted them by traveling around the country giving lecture-demonstrations and eventually established Madame C.J. Walker Laboratories to manufacture cosmetics and train sales beauticians. Questions: What characteristics do you think Madame CJ Walker had that made her such a successful entrepreneur? Why was it important that Madame CJ Walker not only invented an important product, but also committed time and energy to share it...

Question of the Day: What is the largest Black-owned business based on their 2018 revenue (sales)?

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Feb 21, 2021
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Question of the Day, Entrepreneurship
Answer: World Wide Technology (WWT) founded by David Steward with $11.2 billion in revenue Questions:  The founder, Dave Steward, has grown WWT to 5,000 employees. What do you think are the challenges that a founder faces when managing a larger organization?  If you had the opportunity to interview Mr. Steward, what would you ask him?   What do you think are the keys to success with technology companies? Click here for the ready-to-go slides for this Question of the Day...

Question of the Day [Black History Month]: Who was Wall Street's first Black millionaire?

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Feb 17, 2021
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Question of the Day, Investing
Answer: Jeremiah G. Hamilton   Questions: Despite the controversy of Wall Street at the time and his success, what can we learn from Jeremiah G. Hamilton's story? How can he inspire you to pursue success financially? Who do you look up to as a person who is successful with their finances? Why? What are some strategies that you could use to build your wealth over time? Click here for the ready-to-go slides for this Question of the Day that you can use in your...

Question of the Day: What was the first Black-owned business listed on the New York Stock Exchange (NYSE)?

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Feb 16, 2021
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Question of the Day, Investing, Stocks, Entrepreneurship
Answer: Black Entertainment Television (BET) was founded by Robert Johnson, America’s first Black billionaire, and his company was listed on the NYSE in 1991.  Question: How does a company benefit from being listed on a stock exchange? The founder, Robert Johnson, noted that his first job was managing a paper route as a kid. What lessons do you think he learned from that experience? Why do you think BET was such a successful business?  Click here for the ready-to-go slides for...

Question of the Day: What's the top financial app in the App Store in Feb. 2021?

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Feb 15, 2021
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Question of the Day, Investing
Answer: Robinhood From App Annie (2/12/21):  Questions: Why do you think these apps are so popular? When do you think people find these apps most useful?  Do you have any finance apps on your phone? Why or why not?  Typically, peer to peer payment apps like Venmo dominates this list. Why are these other apps so popular right now? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (Wall...

Question of the Day (Updated): How much did 18-24 year olds expect to spend on Valentine's Day?

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Feb 14, 2021
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Question of the Day, Budgeting
Answer: $184 Questions: Which age group(s) plan to celebrate the most?  Which age group is expecting to spend the most?  What do you think are the most common items purchased on Valentine's Day? Try and name 5 and estimate their cost.  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (National Retail Federation):  As consumers in the United States bought heart-shaped treats and made...

Question of the Day [Black History Month]: How much money do Black Americans give in charitable donations annually?

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Feb 10, 2021
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Question of the Day, Budgeting
Answer: Over $11 billion a year Questions: Have you ever donated before? What causes are you most interested in supporting? How might your own family history and tradition impact your giving in the future? How might learning about the experiences and traditions of others impact your own spending/giving? Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (Forbes): Though research is limited...

Question of the Day: What was the first item ever purchased using bitcoin?

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Feb 09, 2021
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Question of the Day, Investing
Answer: Two pizzas. Paid with 10,000 bitcoins which is now worth $450 million. Questions: What do you know about bitcoin? If you have learned about it, what have been your sources of information Do you think it is a good investment? Why or why not? Do you see lots of merchants/stores currently taking bitcoin?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Coindesk):  Hanyecz is known as the first person to use...

Question of the Day: How much on average did Super Bowl LV viewers spend on food and drinks for the big game?

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Feb 08, 2021
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Question of the Day, Budgeting
Answer: $74.55 on average, totaling more than $13.9 billion Questions: Did your family spend any money on food and drinks for the Super Bowl this year? How would you/your family's spending differ from last year's Super Bowl?  Would it surprise you to learn that the Super Bowl is the second biggest eating day in terms of consumer spending? Why do you think it's so popular? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the...

Question of the Day (REPEAT): A recent research study found that _________ of stock day traders made money over a 12 month period.

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Feb 02, 2021
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Question of the Day, Investing, Research, Behavioral Finance
Given the events that have transpired over the past week with GameStop, this QoD provides great opportunity to discuss the perils of day trading.  Answer: 3% Questions: Why is day trading so popular despite the difficulty of making money consistently? Why do you think it's so difficult to make money day trading?   Do you know anyone who has actively traded stocks? Were they successful for more than a few days? What's the difference between investing and speculating?  ...

Question of the Day: What percent of students receive scholarships or grants for college?

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Feb 01, 2021
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Question of the Day, Paying for College
Answer: 63% of all undergraduates receive at least one grant or scholarship.   Questions  Would you choose a college just based on how many scholarships or grant aid you receive from them? Why or why not? Aside from the percentage of students receiving scholarship or grant aid, what else would you want to know when researching colleges? What are other ways that you can pay for college besides scholarships or grants?  How are scholarships and grants different from loans? Click...

Question of the Day: What state has the highest minimum wage? lowest minimum wage?

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Jan 31, 2021
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Question of the Day, Career, Employment
Answer: Highest: District of Columbia at $15/hour, California at $14/hour Lowest: Georgia and Wyoming at $5.15/hour ** (only applies to some farm and seaonal workers) Questions: What types of jobs typically earn the minimum wage? The federal minimum wage is currently $7.25 and was last raised in 2009. Why do you think that so many states have minimums higher than the current federal rate? If you start a job earning the minimum wage for your state, when do you think is the right time to ask...

Question of the Day: How many Americans could not pay a surprise $1,000 bill using their savings account?

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Jan 27, 2021
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Question of the Day, Savings
Answer: 38% (Charging a credit card and pay over time, borrowing from a friend/family member, or taking out a personal loan) Questions: Are you surprised by this number? Why or why not? What are some surprise expenses that could amount to $1000? What are some surprise expenses that cost more than $1000?  Between charging a credit card, borrowing from a friend, or taking a personal loan, what option is most costly? Why? Click here for the ready-to-go slides for...

Question of the Day: What was #1 response from Gen Zers when invited to an activity they could not afford?

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Jan 26, 2021
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Question of the Day, Behavioral Finance
Answer:  Questions:  What do you do in those situations when invited to an event you can’t afford? Does your answer vary based on the situation? What would be the factors that play into your decision? How do you think your parents would answer this question differently? Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (NerdWallet): Most of us have had to turn down activities...