You might be surprised by one of the answers.  Answer: Engineers, accountants, management, attorneys and teachers Thanks to Jenny Trieu for providing the inspiration (and the resources) for this Question of the Day!  Question:  Do any of these five professions surprise you?   Given that only 31% of millionaires earn more than $100,000 a year, how do you think those earning less than $100,000 are able to build such wealth? A friend tells you they want to be a millionaire. What advice would you give them to achieve this goal?  Here are the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Yahoo Finance): While these careers strongly correlate millionaire status to a higher education, that didn’t require attending a swank school.

Total household debt balances continued their upward climb in the third quarter of 2022 with an increase of $351 billion, the largest nominal quarterly increase since 2007. This rise was driven by a $282 billion increase in mortgage balances, according to the latest Quarterly Report on Household Debt & Credit from the New York Fed’s Center for Microeconomic Data. Mortgages, historically the largest form of household debt, now comprise 71 percent of outstanding household debt balances, up from 69 percent in the fourth quarter of 2019. An increase in credit card balances was also a boost to the total debt balances, with credit card balances up $38 billion from the previous quarter. On a year-over-year basis, this marked a 15 percent increase, the largest in more than twenty years. Here, we take a closer look at the variation in credit card trends for different demographics of borrowers using our Consumer Credit Panel (CCP), which is based on credit reports from Equifax.

How to actually enjoy your purchases instead of feeling bad about them.

Americans who have improved financial literacy and financial access are healthier overall, according to new research. A study published this month in the Journal of Family and Economic Issues found…

This icky debt is a result of economic inequality.

This interactive graphic shows a breakdown of how average Americans spend their money, and how expenses vary across generations.

Score a Better Future Fundamentals Customer Secure Login Page. Login to your Score a Better Future Fundamentals Customer Account.

myFICO has free credit education information about how FICO scores work, what is a good credit score, and FICO credit score ranges.

The Bean Game for Budgeting is a teacher and student favorite! Apply core principles. Adjust for financial hardships. Win!

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.

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…

Did you know Google docs has budget templates available online, for free? If you enjoy using spreadsheets to manage your finances, see our list of favorites.

A budget is a spending plan for a certain length of time based on income and expenses. Budgeting can help you see where you stand and take control of your money.

Financial goals continuously evolve as we approach retirement. Finding our place on the investor lifecycle can prepare us for what's ahead.

Stock screener for investors and traders, financial visualizations.

Higher FICO® Scores save you money on loans by qualifying you for lower interest rates, which can save you thousands over the life of the loan.

How long can insurance protect you on the Wheel of Bummers?

NGPF Activity Bank Insurance INTERACTIVE: Bummer! Interactive: Bummer! Part I: Play Bummer! Go to www.thebummergame.com and play Bummer! As you play the game, pay attention to how your insurance choices and the outcomes of the Wheel of Bummers impact Your Total Money. If you wa...

Find out more about the shows on Sky HISTORY's TV channel, with plenty to read and watch on your favourite historical topics.

Credit Karma's Credit Score Simulator will help explain why and how certain actions change your credit score. Use the Credit Score Simulator to see what could happen if you increase your limit or close a credit card.

HD Animation of Unemployment Rate "The Decline: The Geography of a Recession," as created by labor writer LaToya Egwuekwe, serves as a vivid representation of just how much. Watch the deteriorating transformation of the U.S. economy from January 2007 (approximately one year before the start of the recession) to the most recent unemployment data available today. Original link here: http://www.latoyaegwuekwe.com/geographyofarecession.html For more information email latoya.egwuekwe@yahoo.com

Educators can use these resources when teaching the Federal Reserve’s new monetary policy tools in an ample-reserves framework to college and high school students.