Monthly Archives: July 2016

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Schools and Teachers (and Students) In The News

Here’s what’s been happening over the summer months with personal finance education in high schools:

  • Here’s an inspiring story…A student at Ralston Valley High School (Aravada, Colorado) developed her own online financial literacy course (Arvada Press):

Why Your Personal Finance Lessons Need to Be Current

Reason #1: Money is pouring into start-ups to disrupt the financial sector.

Here’s a market map showing all the start-ups looking to disrupt the financial services industry (here’s recent financing activity) and they are targeting your students (millenials) for their services: 

NGPF: Tim Talks to Veronica Dangerfield, Financial Literacy Evangelist

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Veronica Dangerfield has dedicated her life to bringing financial literacy to underserved communities through her work at Patelco Credit Union in northern California. Her workshops educate foster, low-income and other high-risk youth as well as young mothers on the basics of personal finance.  Visa recognized her work as an Innovative Educator in 2011 and described her approach in this way:

By |July 29th, 2016|Uncategorized|

Looking for A Summer Reading List As We Roll Into August?

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Hat tip to Big Picture Blog, where I believe I first saw this Reading List compiled by Patrick O’Shaughnessy. While he calls it “The Investor’s Field Guide,” he also lists books in unrelated fields, including a few fictional titles too. What’s fun about the list is that he provides pithy reviews about what he gained from reading the specific book, as well as a key passage or two. Here is his description of how the list came about:

By |July 28th, 2016|Uncategorized|

Entrepreneurship: Why Was Dollar Shave Club Worth A Billion Dollars?

Here’s the ad from 2012 (over 23 million views on YouTube) that catapulted them into the national consciousness:

Questions for your students:

  • What is Dollar Shave Club’s offer to consumers? Simple or difficult to understand?
  • Why are they better than the competition?
  • What do you see as the benefits of using their service?
  • What do you think a typical razor (like Dollar Shave Club’s) cost in a retail store? Do some quick research to find out?
  • What is the innovation that DSC brought to the shaving market? Product-related? Distribution? Marketing?

Review the following articles to learn more about the sale of Dollar Shave Club and what it may portend for the future of companies and retailers too:

By |July 28th, 2016|Uncategorized|

WebQuest: Amazon Enters Student Loan Business (Updated on 9/2/16)

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Lots of ink spilled last week on the announcement that Amazon is entering the student loan business. Use it as an opportunity for your students to get a better understanding of the student loan landscape and how to navigate the various loan types. Here are a few questions that your students can answer about this current event (see recommended articles below):

  • How is Amazon getting involved in the student loan business? Will they be making student loans directly to students?
  • Who is Amazon’s partner in this endeavor?
  • What is the difference between private and federal student loans? Which should students consider first when taking out a student loan? Why?
  • What are the experts saying about this new development? Who is in favor? Who is more cautious?
  • Why do you think Amazon has decided to get into the student loan business?
  • Is this a big deal? Why or why not?

Here are some articles that can help answer those questions:

Question: What Are The Biggest Mistakes People Make On LinkedIn?

Who better to answer this question than the founder of LinkedIn himself, Reid Hoffman, in this short 3 minute video (starting at 17:26):


Ideas on what to do after watching this video:

By |July 27th, 2016|Activities, Activity, Career, Question of the Day, Video Resource|

Ethics Activity: The L.L. Bean Return Policy

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I was listening to this audio segment (20.5 minutes) of This American Life’s podcast “Get Your Money’s Worth” (Act 2: Bean Counter) about retailer L.L. Bean’s return policy and thinking “what a great discussion starter about the ethics of customer returns.” We have an ethics lesson on our curriculum roadmap so please send along any other ways that you bring ethics into your classroom.

Here are some questions for your students to ponder as they listen to the podcast: