Jan 04, 2019
Personal Finance, Checking Accounts, Investing, Stocks, Mortgages, Paying for College, Economics
Happy New Year! Our first reading list of the year includes a couple of pieces that take a look back at 2018, including the wild ride on the stock market, as well as some "newer" news. Enjoy!
Our friend Barbara O’Neill provides a great overview of what happened in the world of Personal Finance in 2018. (Journal of Financial Planning)
Beth Kobliner examines a Brooking Institute report on Artificial Intelligence and relates it to Financial Literacy....
Dec 20, 2018
FinCap Fridays, Savings, Credit Cards, Student Loans, Stocks
The Federal Reserve hiked interest rates earlier this week which provided an awesome opportunity for a FinCap Friday focused on that event. How do the decisions of this august body percolate through the economy? Check out this FinCap Friday including Yanely's awesome explainer video to learn more:
Looking for more FinCap Fridays? There's more where this came from! Check out the other seventeen here. ...
Dec 08, 2018
Personal Finance, Behavioral Finance, Stocks, Current Events
I had so much fun skimming through my favorite bloggers and curators that I thought I would provide a bonus edition of "what I'm reading..."
Hat tip to the Tadas at Abnormal Returns and Barry at Big Picture Blog. They make curating these awesome articles on Friday soooooo much easier. Thanks!
Here's what caught my attention this week:
State of Financial Education
Bureau of Consumer Financial Protection (the agency formerly know as the CFPB) releases their Annual Report on...
Nov 23, 2018
Investing, Personal Finance, Parent Conversations, Current Events, Stocks
Hope you all enjoyed Thanksgiving! For those of you NOT involved in Black Friday Shopping, here is some light reading you might enjoy if you aren't up for football!
Tech stocks have taken a big hit in this “market correction.” There are some great graphical representations about tech stock market capitalization here. (WSJ)
Here is the Visual Capitalist Chart of the Week with a different view of FAANG stocks in the bear market.
What are Value Investors now thinking about...
Nov 14, 2018
Parent Conversations, Credit Cards, Paying for College, Career, Checking Accounts, Stocks
I often hear this question from friends and family, "How can I teach my kids about money?" While we developed our website and resources with a classroom teacher in mind, they work well at home too. I think milestones present great opportunities for this learning to take place between parent/guardian and child.
Here are ten money milestones in the life of a teenager with a link to a favorite NGPF resource (or two) that can help kids "learn by doing."
Opening a bank account
Oct 05, 2018
Podcasts, Investing, Stocks, Research
Read a Morgan Housel blog post and you'll get an engaging yarn, an analogy that simplifies a complex financial topic, and perhaps even a history lesson or in-depth look at the behavioral tics that make us human. Having graduated just prior to the Great Recession, Morgan cut his teeth at the Motley Fool prior to his recent gig as a partner at the Collaborative Fund, a venture capital firm. He’s written over 3,000 articles in the past decade, and he’s amassed quite the Millennial...
Sep 16, 2018
Question of the Day, Investing, Stocks, Behavioral Finance
When do you think you will start investing in the stock market? Explain your answer.
Why do you think that the percentage of young people investing in stocks has dropped so much since 2001-2002?
Why do you think a higher percentage of those over 35 years old invest in the market compared to those under 35?
Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (Gallup Poll):
Aug 30, 2018
Investing, Question of the Day, FinCap Fridays, Stocks, Compound Interest, Current Events, Savings
We know your students have a fascination with the stock market. Use the market's recent record-breaking performance to start a discussion about the pros/cons of investing. Learn more in the third installment of FinCap Friday, The Raging Bull.
For a quick refresher, our FinCap Fridays include...
A five question Kahoot!
A 90 second video providing details about the current event and explaining why it matters to students
A discussion prompt
Activity ideas to extend the learning...
Aug 12, 2018
Question of the Day, Investing, Stocks, Current Events
Here's a chart that shows their incredible increase in value over the past 18 years:
Which Apple product do you think has had the largest impact on the value of the company?
Looking at the graph, if someone had invested $100 in Apple stock in 2000, how much would it be worth in 2018?
Based on the graph, was the iPhone an initial success?
What company do you think might be the next to $1 trillion? Explain your answer.
Click here for the ready-to-go...
Aug 03, 2018
Personal Finance, Parent Conversations, Current Events, Taxes, Stocks
New for/about High School Students
I never thought cellphones in the class was a good idea, but what a battle! Here is some evidence that supports banning them. (Don’t miss the video about parents use of cell phones as well!)
High school kids fill out all kinds of surveys trying to help them through the college/career maze ahead, unaware that their data is being sold!
Parents may worry about their new college student succeeding away from home. Here is some advice on preparing them...
Aug 03, 2018
Podcasts, Retirement, Investing, Stocks, Index Funds
Ten years into his retirement, former LAUSD elementary school teacher and author Steve Schullo is still fighting the good fight for teacher retirement plans. This go-getter shares the insights from his teaching career and his passion to fix the current 403(b) mess. As the author of Late Bloomer Millionaire, you will learn how Steve's savings and investing plan helped him achieve a healthy nest egg. Listeners will also learn why he wrote Fighting Powerful Interests and the changes he...
Aug 02, 2018
Investing, Stocks, Behavioral Finance, Research, Math, Chart of the Week
Hat tip to the Wealth of Common Sense blog for updating their performance charts which help demonstrate a key concept in investing: risk. Risk is one of those nebulous concepts for teens who have never experienced a severe market correction while holding stocks. These charts help elucidate risk from a mathematical perspective by plotting returns for the three basic asset classes: cash, bonds and stocks. By using the same scale for each, it becomes more apparent which is the riskiest asset. ...
Jul 23, 2018
Investing, Stocks, Index Funds
“Earnings Are Booming. Stocks Not So Much.” So reads the title of a New York Times DealBook article on July 20. For those who have heard the mantra that "company earnings drive the stock market," this headline perplexes. This title resonated with me, probably because I have been reading The Little Book of Common Sense Investing by John Bogle for this month’s FinLit Fanatics book club. Let’s outline some of the lessons from the book and then see how the might...
Jul 18, 2018
Behavioral Finance, Interactive, Investing, Stocks
Hat tip to Big Picture Blog which pointed to this Jason Zweig article about whether our brains are wired for wealth. It's a great read and buried within it is a reference to the Iowa Gambling Task, which provides a good proxy for decision-making and risk-taking. Here's the premise of the game: you start The game takes about 5-10 minutes and I created a set of reflection questions (below) and here's link to a PBS video explaining the brain science behind the game.
Here's the opening screen...
Jul 17, 2018
Investing, Stocks, Current Events
What if in the 1996-97 time frame you were asked the question:
Would you rather spend $120,000 on a 1952 A+ Mickey Mantle baseball card or buy 8,000 shares of this new online bookseller based in Seattle?
Regardless of whether you were a Yankee fan or not, you probably would have thought the baseball card was a sure thing in retaining and probably increasing in value...and you would have been right. It did more than retain its value. As for that online bookseller, I think you know their...