I meant to post this earlier this month after the news of the $448 million Powerball Lottery winner from California:
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:
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:
I can always count on the Farnham Street blog for thought-provoking questions. Their recent post “Habits vs Goals : A Look at the Benefits of a Systematic Approach to Life,” caught my attention because it is something I struggle with. Namely, how can I operationalize ambitious goals into day-to-day habits? Goals can often seem daunting but when you break them down into daily or frequent habitual actions they suddenly seem easier.
Here’s the main takeaways from this five minute article:
“US households spent $3,008, or about $8.35 a day, on average, eating out in 2015… Investing $3,008 each year… would add up 30 years later to… more than $250,000. Similarly, investing $3.50 a day for 30 years instead of buying a latte would add up to savings of nearly $107,000”. (USA Today, June 2017)
We all know that it is hard to save enough for retirement. Financial education teachers also know that students sometimes struggle to relate decisions in their current, daily lives, with how much they will need when they retire much later in life. This interesting article attempts to help close this inter-temporal gap by framing our current weekly spending choices in terms of equivalent dollar amount closer to retirement. “Is eating lunch out two times a week worth losing out on a potential investment windfall of $88,000?”
Questions for Students:
Hat tip to Ren Makino for pointing out this TED video (11:03) that demonstrates how the need for financial education permeates every corner of American society: