Eric Mibuari: Can credit scores be determined by cellphone data? | TED Talk
70% of African households own cellphones but less than 35% have access to credit. Mining non-traditional forms of credit via available technologies, Eric Mibuari asks if this "mobile continent" can use cellphones to access what they need most: loans.
Question of the Day: What percent of U.S. millionaires are professional athletes? - Blog
Answer: About 1% of U.S. millionaires (those earning $1 million/year) are professional athletes We often hear from teachers that students are convinced that professional sports are the road to riches but besides the challenge of making it to this pinnacle (only 0.03% of high school seniors playing basketball ultimately get drafted after playing college ball), almost 99% of millionaires have generated their wealth outside of professional sports. Then again, athletes who suddenly come into millions from their first contract often struggle to live within their means while we have also unc...
QoD: Can you name 3 of the top 10 things that adults overspend on (i.e., spend more than their budget)? - Blog
Answer: Questions: Do you have a budget? Are you able to stick to it all of the time/some of the time/none of the time? How would you answer this question for yourself: What are the purchases that cause you to overspend? Take 2 or 3 items from the top 10 list and explain why that specific item leads to overspending. Explain strategies that you could use to control spending in those categories. Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (CNBC): Many people struggle with oversp...
Interactive Monday: Fastest Growing Jobs since 1970 - Blog
From Flowing Data comes a chart showing trends in job growth and decline over the past 4 decades. As you move the cursor over the graph, you can see what jobs correspond to the lines on the graph. Here's a snapshot (click to go to the interactive chart) Questions: Three fastest growing jobs since 1970? Three jobs that have seen greatest decline? What jobs were most impacted by the Great Recession of 2008-09? Have they recovered to their pre-recession levels?
QoD: What percent of the cost to drive a new car is the fuel cost? - Blog
Answer: 19% Questions: The largest cost element above is depreciation. Why do you think that a new car depreciates (or loses value) over time? Changing the number of miles you drive will reduce your fuel cost. Will it change any of the other costs listed above? Insurance estimates are based on someone with 6 years of driving experience.
Full Year Course 5.2 FAFSA: Gateway to Financial Aid Lesson Guide Learning Objectives Students will be able to Explain the role the FAFSA plays in the financial aid process Understand the importance of submitting the FAFSA Apply for the FAFSA Identify misconceptions and challenges ...
NGPF Activity Bank Paying for College Teacher Tip Video Virtual Adaptation Ideas ANALYZE: A Student Aid Report (SAR) Once you complete the Free Application for Federal Student Aid (FAFSA), you will receive a Student Aid Report (SAR). This report will provide you with some very important i...
Fueled by M&A, smaller banks take bigger slices of the pie
The banking landscape of metro Detroit and the state is shifting as small and midsize firms combine amid an absence of new competition.JPMorgan Chase & Co. and Comerica Inc. still command the most market share, but they have become less dominant in recent years, according to annual data from…
EFC - Expected Family Contribution for Financial Aid Eligibility| Sallie Mae
Learn what EFC (Expected Family Contribution) is and how colleges use it to determine your federal student aid eligibility if you were to attend their school.
(5) The Real Reason Taxes Suck (And Why They Don't Have To) | Adam Ruins Everything - YouTube
Even Reagan and Obama would have agreed that filing your taxes should be easier...So why isn't it? Watch an all-new @Adam Ruins Everything on truTV every Tue...