Budget

Have you find the right budget for your lifestyle and personality type? Here's a guide to the various options.

Answer: Amazon (and it's not even close!) Preferred online shopping websites of teens in the United States in spring 2021 Questions: Do you shop online at all? If so, what is your favorite website? How much of an impact does social media have on your online purchases? Are there items that you would prefer to purchase in-store vs.

Answer: 61% Questions: Have you ever seen/used a Buy Now Pay Later (BNPL) service? What do you think are the pros/cons of a service like this? Want to learn more about BNPL? Check out this FinCap Friday which includes a quiz and an explainer video on the topic.  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (The Ascent): In July 2020, only 37.71% of consumers aged 18 to 24 had used a buy now, pay later service, but that figure jumped to 61.16% in 2021, showing 62% growth in less than a year...These findings align with recent research from PYMNTS, which shows that younger consumers are looking for flexible yet responsible ways to pay for purchases.

The Millennial Money series profiles people across the U.S. and details how they earn, save and spend their money.

EPI’s Family Budget Calculator measures the income a family needs in order to attain a modest yet adequate standard of living. Compared with the federal poverty line and the Supplemental Poverty Measure, EPI’s family budgets provide a more accurate and complete measure of economic security in America. The Family Budget Map offers a view of cost of living for a two-parent, two-child family across the United States at the county level.

We interview and study famous financial billionaires including Warren Buffett and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market.

Obi Nwankwo is a star athlete with a first-rate college degree and a fantastic job. So where did it all go wrong? Our financial sleuths are about to find out.

A retailer with an old-school feel might win big from the home-buying frenzy should it draw younger first-time members.

Do you online shop when you feel lonely, or are you constantly worried about money? Find out what your financial behaviour says about you

Online shopping is a powerful tool that can either bolster or bust your budget. Learn how to do it strategically with tips from the AICPA.

Answer from Tax Foundation: Purchasing power (a.k.a. cost of living) becomes a critical consideration for students considering where they would like to live or even go to college. $100 will buy you a lot less if you attend college or live in New York City vs. rural Maine.

Goalsetter is the best money app for your whole family - from parents to tweens, from kids to tweens. Your Goalsetter account lets every member of your family save for goals, spend responsibly, and learn financial literacy with fun game-based quizzes. Parents can use auto-save and round-ups to save for big goals over time, kids can earn money with Goalsetter's allowance feature and tweens and teens can use Goasletter's Cashola Debit Card to spend responsibly. With Goalsetter's 'Learn before you Burn' feature, the Cashola Card will automatically freeze on the weekend if your kid hasn't taken their finanial literacy quiz for the week. Goalsetter lets kids learn healthy financial habits that last a lifetime, and the whole famiiy can watch their savings grow.

This graphic looks at 29 different psychological tricks that marketers use to try and influence consumer behavior.

Don’t freak out. Focus on taking small, concrete steps to meet your goals.

Question of the Day Budgeting #35 How much do millennials spend annually on coffee? www.ngpf.org Last updated: 8/30/18

“It’s not just how much you have—it’s what you do with it,” says one researcher who studies money and happiness.

Three questions that might change how you see yourself.

Because of our social nature, another principle is to benefit others with our money. Studies performed by Dunn and others have shown that participants who spend money pro-socially disclose a higher level of satisfaction. While personal spending did not diminish participants' happiness, it did not in...

I can't remember how I found this site but thought it might be engaging to your students because it takes a budgeting principle and allows students to see how it actually applies in their community.  The simulation starts by explaining the 50/30/20 budgeting rule of thumb which is the idea that 50% of budget should be spent on needs, 30% on wants and 20% on savings and paying down debt. It then has students select from one of three scenarios: Married couple with 2 children in Boise, Idaho Single adult male in Chicago, Illinois Single mother with one child in Cleveland, Ohio It then com...

Question of the Day Budgeting #54 Rank the following cost components for a cup of coffee from largest to smallest: milk cups/napkins shop costs/rent coffee staff costs www.ngpf.org Last updated: 5/22/19

ShareTweet EPI’s Family Budget Calculator measures the income a family needs in order to attain a modest yet adequate standard of living. The budgets estimate community-specific costs for 10 family types (one or two adults with zero to four children) in all counties and metro areas in the United States. Compared with the federal poverty line…