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
Answer: 62% in 2014, up from 51% in 2011.
Fascinating article in the New Yorker which analyzes the results of a recent World Bank report on Financial Inclusion. One takeaway described how savings accounts were a source of power to women:
In putting together the Findex report, Klapper told me that she was particularly struck by the stories she heard from women that highlighted how savings accounts can be a source of familial power—and how not having accounts can have negative repercussions that go beyond the financial sphere. A Bangladeshi garment worker who didn’t have a bank account told Klapper that her mother-in-law waits outside the factory gates, to take her cash wages as she receives them…
As well as some of the reasons why people don’t have accounts:
For the Findex report, researchers asked people without savings accounts for the reasons they don’t have them. The explanation people gave most often was that they didn’t have enough money to warrant opening one. Other common reasons were that they didn’t otherwise need one or a family member already had one. After those, the top responses had to do with barriers to access: accounts were too expensive, financial institutions were too far away, or people didn’t have the documentation they needed to open accounts. Governments and account providers, Klapper said, need “to design appropriate products.”
A few good questions to get the conversation started might be:
——–
Check out this NGPF Activity on Creating a Savings Goal.
Question: How Does Gender Affect Investing Behavior?
NGPF Celebrates: Tara Schoeny, Sycamore High School (OH)
Question of the Day: What percentage of high schoolers, full-time college students, and part-time college students work while in school?
Question of the Day: What are the top 3 states with the highest cost of living?
Question of the Day: How much does the average person spend monthly on video streaming services?
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!