Interactive: Is The Career That You Are Interested In Likely to Disappear?

Lots of insightful and sobering interactive resources on this topic of job automation (see here, here and here for additional NGPF resources on this topic). Here’s another from Bloomberg (hat tip to Hari of NGPF and Big Picture Blog):

Quick orientation: 

Chart: How Are Millennials Investing Their Money?

Hat tip to The Reformed Broker for this thought-provoking chart which will get your students thinking about the importance of asset allocations:

Questions for students:

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:

Question: Will You Own A Car in the Future?

Interesting WSJ article (subscription) highlights how dramatically the concept of car ownership is changing in light of current ride-sharing trends and the potential for autonomous vehicles in the future. Here’s a graph that shows how new car buying has slowed dramatically among younger Americans:

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|

Interactive: What Are The Wages For Jobs In Your State?

Another great interactive from Flowing Data allows users to see top jobs and salaries by state (and for the entire U.S. of A. also). This static chart that I copied from the site displays job and salary information for the U.S. The green areas in the chart are jobs where the Median Annual Salary is $60,000 or more.

Article: What Can $15,001 Of American Girl Purchases Teach Us About Credit Card Fraud?

This is how it all began, innocently enough (from MarketWatch; 7 minute read):

I was at my desk the other day when my phone buzzed out a warning: My credit card had just been charged $1. No such dollar had been spent by me, but I didn’t think much of the notification. Typically, such unexpected charges have perfectly legitimate explanations given my various subscriptions and recurring monthly charges, all of which come at different and unexpected times.

How does a $1 charge turn into $15,000 worth of American Girl dolls? Read the article and find out!

Questions for your students:

By |June 20th, 2017|Article, Credit Cards, Current Events, Identity Theft, Research|

Question: What Are The Summer Job Prospects for Teens?

Answer: According to Marketplace, prospects are GOOD!

From Marketplace:

By |June 15th, 2017|Article, Audio Resource, Current Events, Employment, Research|