Personal Finance

Everyone is hiring. So why is finding a job still impossible?

Answer: $42,258; Up 6.36% from June 2020 Questions: What has caused the price to increase so much on new cars? What happens to the value of a car once you drive it off the dealer's lot?  Do you think about cars as an investment? Explain.  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Kelley Blue Book): Average New-Vehicle Prices Hit All-Time High, According to Kelley Blue Book "Despite unprecedented low incentives and inventory levels in June, last month showcased more historically high average transaction prices, reaching an all-new record," said Kayla Reynolds, industry intelligence analyst at Cox Automotive.

Answer: Questions: What’s the benefit of completing the FAFSA? Billions of dollars in federal financial aid are lost by not completing the FAFSA. What do you think are the challenges to completing this important form? What is one question that you have about the FAFSA?

This chart breaks down the composition of assets for each tier of wealth. See what assets make up a regular person's net worth, versus that of a billionaire.

Explore Moneywise America™, our flagship financial literacy program for teens. See how we’re helping prepare future generations for financial freedom.

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Answer: 50% of families held credit card debt in 2020 Questions: What does it mean to “carry” credit card debt? Even though high-interest rates on credit card debt make carrying a balance expensive, how or why might consumers get into a situation where they cannot pay their credit card bill in full every month? Credit card companies often list a minimum payment due on their monthly statement. Do you think it is a good idea to make only that minimum payment?

What actually happens when you swipe your credit card? a16z general partner Alex Rampell helps solve the mystery, taking us from the beginning of the credit ...

A third of U.S. consumers who used "buy now, pay later" services have fallen behind on one or more payments, and 72% of those said their credit score declined, a new study published by personal finance company Credit Karma showed.

Installment payment services are everywhere thanks to fresh deals with Amazon and Square. It’s a simple idea that can quickly get complicated for users.

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

You have been running every single day for the last 30 Days. Your running streak is 30. You have been writing every single day for the…

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.

Not everyone, even within his own party, agrees on how much he should forgive—or whether he should at all

Auto The Pandemic, Driving Patterns, and Rebates The pandemic had almost everyone driving less. Insurance companies had record profits, as less driving translated into fewer accidents. A few companies gave a bit of a rebate back to customers (mine was less than $20!). Earlier this month, the Consumer Federation of America and the Center for Economic Justice declared that insurers collected $42 billion in excess premiums last year while providing only $13 billion in discounts and rebates.(Yahoo Finance)   Despite lobbying by the CFA, only California regulators have stepped in to try to get more money returned to customers.

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.

Uncovering the dark side of the the student loan industry and exposing how the system is built to work against consumers.

MassMutual Consumer Spending & Saving Index

Build a life in Fintropolis, a world within Minecraft, and learn financial literacy lessons along the way. Download this gaming experience developed by Ally.

When profit-motivated companies are spending money on big projects, they likely expect to earn that money back later on. While Target may be willing to pay for its associates to earn a degree, they also expect to profit.

Money can feel like a taboo topic in a lot of households, but talking about it regularly can take the awkwardness out of it.Kids see and do everything that we do, and that's true when it comes to money, says financial expert Jen Hemphill.In this episode, Hemphill shares her top tips for financial literacy for kids and families, including how to start those conversations and creating a healthy money mindset for everyone.

Below is a list of the most important cognitive biases and heuristics in the field of behavioural science.

NGPF Activity Bank Behavioral Economics PLAY: Dollar Auction Game How much would you pay to receive a one dollar bill? This game will help us explore cognitive biases that come into play when we’re making decisions. Part I: Explain the Rules You are about to participate in a hypothetica...