This Case Study provides a series of common situations for consumers, for which students will determine “What is the Catch?” to help them avoid these potential financial pitfalls.

Estimate time to complete: 60 minutes

Imagine a payroll system that lets you access your money as soon as you've earned it, instead of having to wait every two weeks for something that is already yours. EarnIn, a platform innovated by Ram Palaniappan, does exactly that. Hear more on the NGPF podcast.

Ram Palaniappan has transformed the way people access their wages with the creation of his platform, EarnIn, which allows workers to receive their pay as soon as they earn it, challenging the conventional bi-weekly pay cycle that can often lead to financial strain.

Case studies are a great way to engage your students in real world situations and ask them to use their new knowledge of a personal finance topic to problem solve through roleplay. They have a variety of uses, including as a replacement for an assessment exam, a credit recovery exercise, a unit review, and more. Here are five teacher favorites you can use with your class. 

Economic data released this week will be closely examined by the Fed as it prepares for the meeting May 3-4 to determine its next interest rate move. There is also more banking news, including the release of the Fed’s own research into what went wrong with Silicon Valley Bank.