Tempted to Play The Powerball Lottery? Try These NGPF Resources To Encourage Student Reflection.

I meant to post this earlier this month after the news of the $448 million Powerball Lottery winner from California:

Are You On the Road To Adulthood? Take the Quiz and Find Out…

Hat tip to Jessica for pointing out this NY Times article about this concept that has recently (maybe I’m late at noticing) come into vogue, “adulting:”

Rachel Ginsberg is a clinical psychologist at the NewYork-Presbyterian Youth Anxiety Center, a research and clinical program that brings together experts from NewYork-Presbyterian Hospital, Columbia University Medical Center and Weill Cornell Medicine. She is part of its Launching Emerging Adults Program aimed at teenagers and young adults.

Dr. Ginsberg works with clients on lack of emotional readiness and academic and “adulting” skills, as well as on social anxiety — issues that can become more apparent in college and can lead to students’ lives’ unraveling.

So how can a person develop these skills? Below is a list of “exposure tasks” to help students develop strategies for coping with possible challenges and “assertively get their needs met, or manage circumstances that do not go the way that they wished,” Dr. Ginsberg said.

Dr. Ginsberg goes on to list the “exposure tasks” as categories them academic challenges, emotional challenges and daily functioning challenges. I created a Google sheet (cuz that’s what we do) with this idea in mind (and please share any better ideas that you have!): Have your students calculate an “Adulting Score” by completing the checklist and counting how many of these behaviors they complete over the next week.

Here are a few reflection questions for your students to complete as they review their own checklist:

By |June 21st, 2017|Activities, Activity, Behavioral Finance, Current Events, Research|

NGPF Recognizes Outstanding Educators Dedicated to Building Financial Capability

As part of a Financial Literacy Month initiative, Next Gen Personal Finance (NGPF) partnered with to bring engaging, easy-to-implement personal finance resources to classrooms across the nation (see links below for activities completed).

We would like to thank all of the educators who took part in this opportunity for bringing financial education to your students. As you can read here, these 1,200 educators delivered essential financial skills to over 26,000 students (in just 60 days). Thank you!

We intended to award additional credit to ten teachers, but ultimately selected 25 teachers, whose responses to survey questions both inspired us and demonstrated the creative and engaging ways they are developing financial skills in classrooms across the country. These teachers will each receive $500 in additional credits.

And the winners are…

By |June 13th, 2017|Activities, Activity, Featured Teachers|

What’s the Cost Of Financial Ignorance For Young People? Or Why Personal Finance Should Be Required for Graduation!

Answer: $795 Million ANNUALLY in checking fees

  • You could buy 2 fidget spinners for EVERY American and still some money left over with that amount that young people pay in banking fees

Here were the two key takeaways based on recent research from NerdWallet (spoiler alert: It’s all about the overdraft fees):

NGPF’s Top 15 Activities, Courtesy of Jessica Endlich

Given the comprehensive nature of our website (full disclosure: Sometimes I forget that we have certain projects/activities/data crunches/blog posts….), teachers often ask us “OK, but what are the best resources that you can recommend?” At that point, we typically turn to Jessica and she always has a few ideas to recommend. So, this month, we asked Jessica to provide us with her “Best of NGPF” specifically for the last days of school.

The responses we got from teachers was nothing short of ecstatic with lots of exclamation points too! Note the various ways that teachers plan to utilize this list of end-of-year activities:

  • “I LOVE your TOP 15 List!!!   It came at just the right time as my new job has me looking for 4 weeks of FUN, ENGAGING lessons for our new freshmen Business exploratory!! I can’t wait to try ALL of these out!  They seem PERFECT, sparking early interest in our Business courses that are often overlooked!!
  • OMG!  Thank you so much… I must be out of my classroom just one day before the end of the term.  I was having a hard time developing meaningful sub plans so late in the course (and so close to the end of school).  I’m going to watch the “All Time Favorite Video” tonight and create some reflection questions.
 Here are Jessica‘s favorites to fill these last few days before summer break:

What’s The Catch?: Student Loan Forgiveness Or…

What if you were a student loan borrower struggling to make your monthly payment and saw this ad pop up on your computer screen one day:

Or maybe this one: 

Student Loans: You Better Know What You’re Signing Up For!

As your seniors head off to college in the fall, you better arm them with the information they need to succeed financially during and after college. The biggest issue they will deal with in college: Student Loans. They will be required to go through an online “counseling” process which I would describe as “too little, too late” just before their loan is disbursed. I was trying to come up with a fun way (Ok, I might be stretching it here) to get them to review what in industry parlance is known as the “MPN” or Master Promissory Note for their student loans.  It is 7 printed pages long so rather than have them read straight through, how about a Scavenger Hunt where they will review the Note so they can complete this FAQ (frequently asked questions).  Each of the questions below can be answered within the note:

Interactive: Which Tech Giant Would You Drop?

Here’s a fun and quick interactive from NY Times to get your students thinking about the pervasiveness of technology companies in their lives. Students are forced to rank order the importance of the top five tech companies in their lives by selecting the order by which they would give them up (if forced by an evil monarch:) The five companies: Alphabet (Google is one of their subsidiaries), Amazon, Apple, Facebook and Microsoft (interesting that three start with the letter “A”).