68 customizable lessons, aligned with National Standards, exams and more.
Read NGPF's school-by-school analysis of financial education in America today
Activities
Advocacy
Behavioral Economics
Best Of
Budgeting
Buying a Car
Career
Checking
Consumer Skills
Credit
Cryptocurrencies
Current Events
Curriculum Announcements
Economics
Entrepreneurship
Edpuzzle
ELL Resources
FinCap Friday
Gambling and Sports Betting
Insurance
Interactive
Investing
Math
Paying for College
Philanthropy
Podcasts
Press Releases
Professional Development
Question of the Day
Savings
So Expensive Series
Taxes
Teacher Talk
I was thinking this might be a good way to kick-off your investing unit. Ask students to agree or disagree with each of these three statements:
This article from LifeHacker does a nice job of debunking these three myths:
Mutual funds are a safe option for your portfolio. A mutual fund is a pool of various investments. Index funds are a type of mutual fund designed to mirror a certain index, like the S&P 500. Exchange-traded funds (ETFs) are similar investments. (The main difference is how they trade; you can read more here). Some of these funds require a minimum of $3,000 or even $10,000 to invest. But there are plenty that require as little as $100 or $200, as we’ve pointed out.
Let’s say you spend $5 a week on lottery tickets for 20 years. That’s $260 a year or $5,200 after 20 years. Will you hit the lottery? Perhaps, but your odds of winning are extremely low. The U.S. stock market on average returns about 8% a year. During the past three years it has done much better but there have been a couple of years where it’s done much worse, such as in 2008. But the longer the time horizon, the higher the probability that you will recognize average annual returns of 8%.
A separate, peer-reviewed study published in the Journal of Finance looked at 2,076 mutual funds and how they performed over 32 years. The study reported that the number of fund managers who beat the benchmarks of these funds was “statistically indistinguishable from zero.”
———————
Check out the NGPF Activity, Calculate: Compound Interest
Question: What Percentage of Consumers Have Errors in Credit Reports?
Overdraft U: Warning to College Students Opening Their First Checking Account
Question of the Day: Where do most young adults say they learn about personal finance?
Question of the Day: How long does the average user spend on TikTok a day?
Question of the Day: What are the top five gifts consumers plan to give for Valentine's Day?
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
Join the more than 12,000 teachers who get the NGPF daily blog delivered to their inbox:
MOST POPULAR POSTS
1
Question of the Day: What are the top 3 fastest growing careers that don't need a 4-year degree?
2
Fall 2024 Updates to Paying for College Resources
3
Useful Personal Finance Movies and Documentaries with Worksheets
4
FinCap Friday: FAFSA Fiasco
5
New Fall PD Badges are Here
Before your subscription to our newsletter is active, you need to confirm your email address by clicking the link in the email we just sent you. It may take a couple minutes to arrive, and we suggest checking your spam folders just in case!
Great! Success message here
New to NGPF?
Save time, increase engagement, and teach life-changing financial skills with NGPF’s free curriculum
1.Register for a free TeacherAccount
2.ExploreSemester Course
3.Findstudent favorites
4.LeverageNGPF Academy
Your new account will provide you with access to NGPF Assessments and Answer Keys. It may take up to 1 business day for your Teacher Account to be activated; we will notify you once the process is complete.
Thanks for joining our community!
The NGPF Team
Complete the form below to access exclusive resources for teachers. Our team will review your account and send you a follow up email within 24 hours.
To speed up your verification process, please submit proof of status to gain access to answer keys & assessments.
Acceptable information includes:
Acceptable file types: .png, .jpg, .pdf.
Once you submit this form, our team will review your account and send you a follow up email within 24 hours. We may need additional information to verify your teacher status before you have full access to NGPF.
Take the quiz to quickly find the best resources for you!