68 customizable lessons, aligned with National Standards, exams and more.
Read NGPF's school-by-school analysis of financial education in America today
Activities
Advocacy
Behavioral Economics
Best Of
Budgeting
Buying a Car
Career
Checking
Consumer Skills
Credit
Cryptocurrencies
Current Events
Curriculum Announcements
Economics
Entrepreneurship
Edpuzzle
ELL Resources
FinCap Friday
Gambling and Sports Betting
Insurance
Interactive
Investing
Math
Paying for College
Philanthropy
Podcasts
Press Releases
Professional Development
Question of the Day
Savings
So Expensive Series
Taxes
Teacher Talk
Answer: More than $40,000; monthly payment of $581
Questions:
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (Marketplace audio):
"New car and truck sales were down 15% last year. That may not be surprising, considering the shutdowns and high unemployment in the spring. But what might come as a surprise is that the average price of new vehicles that did sell was $40,000 in the fourth quarter. That’s the highest ever."
However, for those who turned to the used car market, prices also soared, "The prices of those vehicles were also pushed higher, according to Kristin Dziczek, with the Center for Automotive Research. She said, “We really saw skyrocketing prices in the used-car market.”
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Wondering what the average car payment is by state? Here's a map.
More car-related Questions of the Day here:
EdPuzzle Thursday: How Risky Is The Stock Market?
My Classroom Podcast: Molly Tyson
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Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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