Ok, I admit that I have a bit of a fascination with this concept of “all we need to know about personal finance should fit on an index card.” Why? It’s the notion that the simplest solution is often the best solution, especially when it comes to personal finance. For example, when thinking about investing, aren’t a few well-diversified index funds going to serve you better than trying to choose among 7,000 mutual funds or a similar number of publicly-traded stocks?
So, here is a insightful 8 minute video that aired on PBS NewsHour that provides details on the financial concepts from the book “The Index Card.” Editor’s note: I had Helaine Olen on the NGPF podcast earlier this year. This video would be a great lead-in to a capstone activity where you ask students to summarize what they learned in YOUR personal finance course and put it on an index card:
Here are the earlier posts describing this activity idea:
- Activity Idea: Personal Finance Ideas That Fit On an Index Card