Hat tip to Big Picture Blog

Questions:

• In your own words, what is an asset?
• Which financial asset has seem the greatest increase in ownership between 2001 and 2016?
• What do you think are examples of Transaction Accounts?
• Certificates of Deposit and Savings Bonds  both saw sharp drops in the percentage of households holding them between 2001 and 2016. What do you think that has been the case? 
• You read this headline "No one seems to be saving for retirement today." Does this chart support or refute this statement? What additional piece of information would be helpful so you could provide a more complete answer? 

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When it comes to the stock market, too few millennials are investing. Here's an NGPF Question of the Day to spark that class discussion about the reasons why. 

About the Author

Tim Ranzetta

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.

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