Personal Finance

Mortgage rates fell to another record low last week, for the 15th time this year.

How does the COVID-19 market crash compare to previous financial crises? We navigate different contextual factors impacting crashes.

Investing is about building wealth, and it can help you prepare for the future. By investing, you give yourself the chance to create a rich harvest, giving yourself the resources you need to pursue your dreams and to take care of loved ones.

Learn tips and strategies on how to make more informed financial decisions around managing money, saving and paying for higher education, and repaying student loan debt.

Answer: 5 Years and 9 Months   Questions: Considering the cost of this Playstation 5 Bundle, do you think this is a good idea? Explain your answer. What big-ticket items or once-in-a-lifetime experiences do you think are worth spending money on? How could you reduce the amount of time required to pay off this credit card bill?

The annual salary needed to buy a home in the U.S. ranges from $38k to $255k, depending on the metropolitan area you are looking in.

High school students learn to navigate the financial system with confidence through a single-semester, research-based financial education course.

Why 15 ½?. I considered 17 ½, but decided not to include the games The Payoff and the Uber Game, that’s for a later post. Here are my favorite 15 ½ career unit interactives, ranked in reverse order.  #15: What Are Your Chances of Making It To The Executive Suite?: This is a great tool to help aspiring future CEOs understand what they need to do to live their dream. #14: Invest in What’s Next: Life After High School:   There are many possibilities for your life after high school and lots of questions to consider along the way.

Thanks to Brian Page for spending 20+ hours combing through and sharing this with the community!  He created a spreadsheet of careers that don’t require a 4 year degree, aren’t in a declining career field, and in most cases pay more than $30K. He did this for classes filled with non-college bound students and showed a 90 second career video to begin most of these classes and dubbed it "Career of the Day." He linked to the YouTube videos (click here) because the Career One Stop videos are slow, depending on the WiFi. Here's a link to the resource where Brian found ...

Top reasons why bitcoin hit an all time high price include investor interest in Grayscale's GBTC, money printing and PayPal's recent push.

There's more to Costco's membership fees than meets the eye.

From Vanguard: May want to find a way to cover up the ending balances after 30 years.  Question: Two investors start with $100,000 and earn a 6% return per year for 30 years: One chooses a low-cost mutual fund with a cost of 0.25% (a.k.a. expense ratio) that is applied to their invested assets each year. Note that many index funds have even LOWER expense ratios).  The other chooses a higher-cost mutual fund of 0.63%, which is apparently the weighted average expense ratio for U.S. mutual funds.

In this lesson, students will be introduced to the Madoff Ponzi scheme. They will think about what Bernie Madoff did and how very experienced investors were tricked by him. Then we will return to the rational decision-making process and the four variables used to make investments to consider how investors can protect themselves against risk.

From WSJ: This chart measures the percentage of home buyers by age from 2006-2018 and demonstrates the seismic impact left by the Great Recession. Questions: Do you hope to own a house someday? When do you hope to be able to buy it?  What would be a good headline to summarize the data in the chart? In what year does there appear to be the most dramatic change in the data?

Exploring the many career prospects for students who are curious, analytical and love a good movement in stock and bond prices.

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

The next time you go for a job interview, you should spend time brushing up your personality, not just your skill set, a new study from TopInterview and Resume-Library has found.

Some of the people struggling the most to pay back their debt are the millions of students who took out student loans but never finished a degree.

Misadventures in Money Management helpspeople improve their financial literacy and financial choices through an interactive graphic novel experience.

Question of the Day Behavioral Finance #13 #1: Which would you choose?

Three questions that might change how you see yourself.

Shift away from paper money risks leaving young people out of touch with their finances #bestpractice #financialeducation #financialplanning