Welcome to Next Gen Personal Finance's May 2016 Newsletter
Welcome to the latest edition of the NGPF Newsletter (#19 for those of you scoring at home). My goal this month: give you some project ideas to keep the energy level high in your classroom as summer approaches.
Jessica and I have a long-running joke with our monthly newsletter. I make a first draft of the newsletter chock full of links and she comments "too many places to click." I delete one or two which doesn't exactly satisfy her desire for brevity and I send it out. So, when I pitched the idea of this newsletter to give teachers ONLY five links to engaging projects (don't tell her that I snuck in a 6th), she responded "What an original idea!"
Tim and Jessica
Top 5 Project Ideas For The End of the School Year
As the school year draws to a close, you know the importance of incorporating engaging projects to keep the momentum going. Here are a few project ideas that work well on a standalone basis and don't require prior knowledge on the part of your students. Drumroll please....
Our most popular activity, students get a dose of reality as they make decisions about careers, housing, transportation and discover first-hand the concepts of needs vs. wants, tradeoffs and the cost of living.
Students take on the role of product reviewers in checking out (no pun intended) the the ever-evolving line of online and mobile finance tools available to manage our finances. Learn about the latest tools that your students are using!
Dating myself a bit here, but through this activity students will develop valuable skills in budgeting, planning and comparison shopping. With a few minor tweaks, can also be used to plan the family summer vacation...another way to get your students talking with their parents.
Students will prepare for a job interview and then practice delivering on-the-spot answers in a group challenge, while peers provide feedback on their responses. Winners from each group advance to a class championship round.
May 25th NGPF Webinar: Teach Savings Through Student-Centered Projects and Activities
As we continue to cycle through the various concepts in the NGPF Webinar Series, this month we tackle how to bring Savings to life for your students. We all know how central this concept is to the financial health of individuals and families. Yet we also know how difficult it can be to actually implement something as simple as a savings plan. Attend this webinar to get creative project ideas that you can use in your classroom.
We recently honored seven personal finance educators as the 2016 NGPF Teacher-Innovator award winners. This award recognizes outstanding teachers who have developed their own projects and activities to engage and educate their students. Thank you to the dozens of teachers who submitted innovative and creative project ideas. These projects were judged based on criteria including creativity, skill development and ease with which other teachers can bring into their classroom.
Each of the winners in the Best Activity/Project category will be receiving $1,000 from NGPF and can be heard on this NGPF podcast discussing their projects:
Lisa Bender, Personal Finance Educator at Southern Garrett High School in Oakland, Maryland, submitted a project “Prepping for Success: Exploring College and Career” which which takes a student-centered approach to career exploration and offers choices (using a Tic-Tac-Toe game board) for how students present their work.
Danielle Trouve, a Business Teacher at Chelmsford High School in Chelmsford, Massachusetts uses her activity “Egg and Spoon Insurance and Probability” to bring the concept of insurance to life for her students. What an eggcellent idea (sorry I couldn’t resist)!
Each of the winners of the 2016 NGPF Teacher Innovator Award – Honorable Mention will be receiving $250 from NGPF and have an opportunity to discuss their projects in an upcoming NGPF podcast also. The winners are:
Amanda Volz, Business Teacher at St. Clair High School in St. Clair, Michigan uses the “Shark Tank” format to have her students compete head-to-head in a competition where each is pitching a publicly held company in “Company Competition.”
Brian Yanizeski, Business Teacher from Fox Chapel Area High School in Pittsburgh, Pennsylvania developed an online “Home Buying Project” that has a few unique aspects, which include having his students participate in an online forum to share their knowledge.
Nancy Labricciosa, Business Teacher at Plymouth-Whitemarsh Senior High School in Plymouth Meeting, Pennsylvania has developed a comprehensive and holistic “Retirement Investing Project” in which students see the link between their youthful decisions and their standard of living during their golden years.
Community Activity Next Gen Personal Finance actively supports the financial literacy community through workshops, sponsorships of conferences and teacher professional development events. See below for a representative sample of events that we attended in 2015 and early 2016. Please stop by and say hello if you plan to be at any of our upcoming events!
In 2016, we are committing $25,000 to support teacher professional development. If you organize or attend a workshop and are looking for sponsors, please let me know by emailing me at firstname.lastname@example.org.
Upcoming 2016 Events
June 27-29: NGPF Summer Institute (Palo Alto, CA)
June 13 - July 22, 2016: Teach at Summer Bridge Program at Eastside College Prep (East Palo Alto, CA)
Previous 2016 Events
May 18, 2016: Workshop at Castilleja School (Palo Alto, CA)
May 13, 2016: New Hampshire Jump$tart Classroom Connections (Merrimack, NH)
April 8, 2016 : MBEA 2016 Conference (Natick, MA)
April 5, 2016: Jump$tart 2016 Hill Day (Capitol Hill, Washington DC)