Oct 23, 2017
Quizzes, Financial Literacy, Research, Personal Finance
Is this even the right question to be asking? Hat's off to Prof. Meir Statman of Santa Clara University (podcast here) for asks for the field to move beyond the three questions typically used to measure financial literacy. He makes the argument (that I agree with) in the Wall Street Journal [subscription] that knowing facts about how compound interest works or what diversification is provides no guarantee that good financial decisions will follow:
We do good when we promote financial...
Jun 26, 2017
Behavioral Finance, Credit Cards, Investing, Savings, Checking Accounts, Current Events, Quizzes, Compound Interest, Cryptocurrencies, Retirement
Getting close to the end of June, so I thought it was worth checking our website analytics to see what new blog posts are garnering attention as the school year wound down in many parts of the country.
Here are the top 5:
What is Bitcoin and How Does Cryptocurrency Work?: A Primer; NGPF’s newest team member, Hari Vasu-Devan tackled this challenging topic by providing educators with information they can access when the inevitable student query comes, “Should I be investing in...
Jun 19, 2017
Credit Cards, Credit Scores, Current Events, Credit Reports, Quizzes, Interactive
Hat tip to Jessica for the heads-up on this resource (yes, the NGPF team does spend hundreds of hours looking for great resources!) Take this NerdWallet 14 question quiz and find out. Please note that there are some tricky questions here that will lead to valuable classroom discussions (I learned some new things):
Want to build your credit card knowledge that can help in your own financial lives? Listen to Sean McQuay of NerdWallet on this NGPF podcast.
Jun 07, 2017
Identity Theft, Quizzes, Interactive
Good ten question quiz to teach your students about many of the methods that identity thieves use to steal your identity.
Innoculate your students against identity theft with this NGPF Lesson on the topic or get their attention with this frightening interactive “Have you been hacked?“.
Mar 28, 2017
Activities, Credit Scores, Career, Paying for College, Research, Budgeting, Credit Cards, Identity Theft, Personal Finance, Investing, Mutual Funds, Savings, WebQuest, Financial Literacy, Student Loans, Checking Accounts, Debit Cards, Payment Types, Stocks, Current Events, Insurance, Video Resource, Case Study, Credit Reports, Employment, Quizzes, Entrepreneurship
What does a distinguished professor do during her sabbatical? Curate personal finance resources, of course! In this blog post, Barbara O’Neill shares the fruits of her hundreds of hours of labor in putting together three awesome resource lists (see bottom of post for links to her lists), including what what she considered the “best of the best” from the NGPF library. As she describes below, the purpose of her odyssey was to replenish her “well” of creative...
Sep 22, 2016
Quizzes, Credit Scores, Research, Purchase Decisions
Courtesy of Kiplingers, here’s an eight question quiz your students can take before looking for a used car. Here’s a sample of they types of questions asked:
QUESTION 1 OF 8
Where’s the best place to check used-car values?
B. Kelley Blue Book
C. NADA Guides
D. All of the above
The questions cover negotiation strategies, research tips, financing a used car and how gas prices impact the value of specific models.
Don’t miss the NGPF Lesson:...
Jul 20, 2016
Financial Literacy, Credit Scores, Behavioral Finance, Paying for College, Research, Budgeting, Credit Cards, Investing, Savings, Debit Cards, Current Events, Audio Resource, Quizzes, Podcasts
The FINRA Investors Education Foundation is out with the results of their 2015 National Financial Capability Study and who better to discuss the results than Gary Mottola, the head of research at the foundation. In this podcast, Gary supplies key insights from this comprehensive study including details on how millenials (and others) are managing their budgets, checking accounts, credit cards and student loan balances. He describes the quiz questions (test your knowledge here) from the...
Jul 19, 2016
Stocks, Question of the Day, Research, Personal Finance, Investing, Savings, Financial Literacy, Quizzes, Compound Interest, Interactive
…than they have more financial knowledge than 86% of the US population (according to recent National Financial Capability Study):
You can have them take the quiz directly from the site OR answer the questions below (choices are in brackets):
Suppose you have $100 in a savings account earning 2 percent interest a year. After five years, how much would you have? [More than $102, Less than $102, Exactly $102]; 75% got correct answer
Imagine that the interest rate on your savings...
Mar 08, 2016
Activity, Behavioral Finance, Question of the Day, Research, Personal Finance, Teaching Strategies, Quizzes
Nice interactive 12 question survey (Part 1 shown above) from CFPB to engage your students to think about what constitutes financial well-being. Here is the survey and the scoring worksheet and user’s guide (page 14 helps to interpret the results).
Here are a few reflection questions for your students:
Were there any questions you felt that didn’t apply to you? Which ones?
Are there questions that you think would more accurately capture the financial well-being of high school...
Jan 11, 2016
Paying for College, Question of the Day, Research, Student Loans, Current Events, Chart of the Week, Quizzes
Hat tip to my colleague Jessica for the heads-up about this WSJ Quiz: Eight Questions to Answer Before Picking a College (yes, we do actually cheer at NGPF when we find “the good stuff.”)
What is there to like about the quiz?
It asks your students important questions like “Which metrics will give the best sense of whether a college prepares a student to be financially successful?” and “How can I figure out roughly how much I’ll pay for a college after financial...
Nov 19, 2015
Research, Investing, Financial Literacy, Current Events, Math, Quizzes, Compound Interest
You know that sports cheer “We’re #1?” Well, when it comes to personal finance, the U.S. comes in #14 according to a recent global survey of financial literacy.
Here are the five questions asked of over 150,000 adults in 148 countries:
How did the U.S. do?
From WSJ Blog:
To gauge financial literacy, and capture whether adults know how to make sound decisions, the researchers asked questions on four basic personal finance topics: inflation, interest, compounding and...
Jun 15, 2015
Payment Types, Quizzes
Want to test your personal finance knowledge and see how you stack up? Take our quiz and find out!
We know the NGPF community contains incredibly smart personal finance educators, professionals and passionate individuals. Well now, you can find out if you truly know more than your peers.
Using the Qzzr platform, NGPF is going to offer 2-3 quizzes every month that will test your knowledge of personal finance.
Where do I find them?
Right on our homepage along the left side, always starting with...