Presentation at FERMA 2016 conference

1. Thirteen Terrific
Technology Teaching
Tools for Financial
Education
Dr. Barbara O’Neill
Rutgers Cooperative Extension
oneill@aesop.rutgers.edu

2. Personal
Introduction
• Extension Specialist in Financial Resource
Management at Rutgers University (NJ)
• Rutgers Cooperative Extension employee for 38 years
• CFP® for 31 years
• Financial educator and author
• “Twitter Queen” @moneytalk1

3. Two Sources for This
Presentation
• Recently published journal article:
O’Neill, B. (2016). Thirty terrific technology tools for
teaching personal finance. Journal of Family and
Consumer Sciences, 108(1), 39-43.
• Teacher training program (see
http://www.slideshare.net/BarbaraONeill/thirty-terrific-
technology-teaching-tools0715) about 30 technology
tools for teaching personal finance.

4. What is Your Favorite
Personal Finance
Technology Tool?
Please submit it in
writing to include in
the final FFCI paper

5. Multiple Monitors

6. 1. Animated Videos
• Use platforms such as http://goanimate.com/ and
http://www.creazaeducation.com/ and
http://www.moovly.com/ and http://digitalfilms.com/ and
http://www.dvolver.com/moviemaker/index.html
– Article: 5 Best Sites to Make Animated Video Trouble-Free:
http://www.freemake.com/blog/5-best-sites-to-make-animated-video-trouble-free/
• Personal Finance Animated Videos (O’Neill):
https://www.youtube.com/user/moneytalkBMO
• Co-Signing a Loan:
https://www.youtube.com/watch?v=yte4MBtoAqg

7. “Whiteboard” Videos
• Health Insurance Terminology:
https://www.youtube.com/watch?v=QLjRGmm08pY
• Phishing (Identity Theft):
https://www.youtube.com/watch?v=K8lWLwuiDwk
• Saving and Investing:
https://www.youtube.com/watch?v=2DBdWeTxXeU

8. 2. Video Chats:
Google+ Hangouts
• Free video chatting: video + voice
• Can involve up to 10 people
• Great way for students to collaborate on studying,
group projects, club activities, etc.
• Great way for teachers to reach out to students too
ill to come to class
• Sample Hangouts (combined with a Twitter chat):
https://www.youtube.com/channel/UCVU_O8Cq313tXCZ5RJBMyMw

9. 2. Video Chats: Blab
• Platform for live video chats
• Can involve up to 4 people engaging at the same time
• Includes a “chat” panel on the right
• Includes a tweet panel on the left
• Used by Experian for #creditchat:
https://blab.im/experian-fitness-on-a-budget-creditchat
https://blab.im/experian-holiday-hangover-paying-off-holiday-debt
• See http://www.socialmediaexaminer.com/how-to-get-started-
on-blab-group-video-broadcasting-for-marketers/

10. 3. Online Financial
Calculators
Literally thousands…on all personal finance topics
• ASEC Ballpark Estimate (retirement savings
calculator): www.asec.org
• PowerPay© (debt payment calculator): www.powerpay.org
• HSH Associates Mortgage Amortization Calculator:
www.hsh.com/calc-amort.html
• Loan Calculator:
http://www.bankrate.com/calculators/mortgages/loan-calculator.aspx

11. More Calculators
• CPI Inflation Calculator: http://data.bls.gov/cgi-bin/cpicalc.pl
(compares “buying power in different years)
• U.S. Inflation Calculator: http://www.usinflationcalculator.com/
• Lunch Savings Calculator:
http://www.bankrate.com/calculators/savings/bring-lunch-
savings-calculator.aspx
• Dinkytown.net: https://www.dinkytown.net/
• 1% more Savings Calculator:
http://www.nytimes.com/interactive/2010/03/24/your-
money/one-pct-more-calculator.html?_r=0

12. Curated Lists of
Financial Calculators
• Source: My Money.Gov:
http://www.mymoney.gov/Fast/Pages/Results.aspx?k=Calc
ulators&s=All
• Source: eXtension (Cooperative Extension):
http://www.extension.org/category/finance_calculators
• Source: Money-Zine: http://www.money-
zine.com/calculators/
• Source: Calculator Web: http://www.calculatorweb.com/

13. 4. Online Curricula
• Financial Fitness for Life (Council for
Economic Education):
http://fffl.councilforeconed.org/
• Learning, Earning, and Investing (Council for
Economic Education):
http://lei.councilforeconed.org/

14. Money Smart for Youth
(FDIC)
• Two FDIC Money Smart curricula: ages 5-8
and ages 12-20)
• “No Hassle” access
• Download modules at
https://www.fdic.gov/consumers/consumer/moneysmart
/young.html

15. Next Generation
Personal Finance
• Dozens of “teacher friendly” lessons
• Lessons include online activities using open source
materials
• “No hassle” access: http://nextgenpersonalfinance.org/
• Monthly webinars and awards for teaching:
http://nextgenpersonalfinance.org/ngpfs-best-resource-and-best-activity-
contest-winners-announced/
http://nextgenpersonalfinance.org/webinars/

16. Curricula Requiring
Teacher Accounts and
Password Logins
• NEFE High School Financial Planning
Program: http://www.hsfpp.org/
• Take Charge Today (U of Arizona):
https://takechargetoday.arizona.edu/
• Others?

17. 5. Online Financial Quizzes
and Games
Rutgers Cooperative Extension Assessment
Tools:
• Financial Fitness Quiz
• Identity Theft Risk Assessment Quiz
• Investment Risk Tolerance Quiz
• Personal Health and Finance Quiz
• Personal Resiliency Resources Assessment Quiz
• Wise Credit Management Quiz

18. Online Financial
Knowledge Quizzes
• Credit Scores (CFA):
http://www.creditscorequiz.org/
• National Financial Capability Study (FINRA):
http://www.usfinancialcapability.org/quiz.php
• Student Financial Dollars and Sense (CUNY):
http://www.cuny.edu/about/administration/off
ices/sa/flep/quiz.html

19. Online Games and
Simulations
• Financial Football (Visa):
http://www.practicalmoneyskills.com/games/trainingcamp/
• Reality Check (Jump$tart Coalition):
http://www.jumpstartcoalition.org/reality-check.html
• The Stock Market Game™ (SIFMA Foundation):
http://www.stockmarketgame.org/
• Gen i Revolution (Council for Economic Education):
http://www.genirevolution.org/
• Others?

20. PowerPoint Jeopardy! Game
See http://rci.rutgers.edu/~boneill/review/index.html and
http://www.slideshare.net/BarbaraONeill/jeopardy-game-young-adults-moneycolor-
changesyellow for sample games
See http://www.slideshare.net/BarbaraONeill/rutgers-hybrid-online-confpower-point-
gamesanimated-videosoneill0114 for PowerPoint tutorial

21. PowerPoint Millionaire Game
Sample Game:
https://docs.google.com/viewer?a=v&pid=sites&srcid=bnlwbC5vcmd8bW9uZXktbW
F0dGVyc3xneDoyZGI2OTE0OGFjNjY5MTVh

22. 6. Online Personal
Finance Courses
• High School Age: Money Skill
http://www.moneyskill.org/
• College Age: Money U https://moneyu.com/
and University of Florida Personal &
Family Financial Planning MOOC:
https://www.coursera.org/course/uffinancialplanning
• Other online courses?

23. 7. Slideshare.net
• Use to share documents (Word, PowerPoint,
PDFs, etc.)
• Gives them a digital link to use for websites,
social media, e-mail, etc.
• Sample:
http://www.slideshare.net/BarbaraONeill/2015
-financial-education-boot-camp-flyer-0715
• Also a great place to search for slides and
other content

24. 8. Twitter Chats
• Students create a unique chat hashtag and
designate a date/time, topic, and questions
OR
• View a regularly scheduled personal finance
Twitter chat
– List of personal finance Twitter chats:
http://www.slideshare.net/BarbaraONeill/social-media-
resources-for-financial-education-0414
• Use http://www.tchat.io/ or http://twubs.com/ to tweet

25. Storify
• Use to create a “story” from a Twitter chat by
piecing together participants’ tweets
Samples:
• https://storify.com/moneytalk1/cooperative-extension-money-smart-
week-chat-mswcha
• https://storify.com/moneytalk1/rutgers-cooperative-extension-twitter-
chat
• https://storify.com/RutgersNJAES/extension-america-saves-chat-
exaschat
• https://storify.com/moneytalk1/exchat-year-end-financial-planning-
tips-2015

26. 9. Periscope
• Live video streaming app for IOS and Android
• Using it is called “scoping”
• Acquired by Twitter in 2015; launched in March 2015
• Similar rival service: Meerkat
• Video can be public or just for followers
• Send “hearts: to presenter by tapping screen
• Had had copyright “issues” (video pirating)
• Used by Experian (called creditscope)

27. 10. IGNITE Presentations
• 5 minute PowerPoint presentations
• 20 slides advance automatically every 15 seconds
• Students or teacher can create a presentation using a template
with automated slides
• Template master: http://www.ignitephoenix.com/tips/
• IGNITE Presentation: How to Buy a New Car:
http://igniteshow.com/videos/how-buy-new-car-ignite-seattle-
2007
• IGNITE Presentation: The Politics of Personal Finance:
https://www.youtube.com/watch?v=O7lN1Dz972s

28. 11. Financial
Documentaries (Movies)
• Spent: Looking for Change (40-minute movie about families living
on the financial edge): http://www.spentmovie.com/index.html
• Broken Eggs (1 hour, 20 minute movie about Americans’ lack of
preparation for retirement): http://brokeneggsfilm.com/
• In Debt We Trust (1 hour, 26 minutes) about Americans’ use of
credit: https://www.youtube.com/watch?v=Cltc4Og6HKo
• When I’m 65: http://www.iinvest.org/programs/when-im-65/

29. 12. Microsoft Excel
Templates
• Asset Allocation Spreadsheet
• Asset Allocation Spreadsheet With Pie Chart
• Net Worth Calculation Spreadsheet
• Spending Plan Worksheet
Source: http://njaes.rutgers.edu/money/

30. High School and College
Student Budget
Worksheets
(CollegeInColorado.org)
• Fillable online form or downloadable Excel file with
“typical” income and expenses
• https://www.cicmoney101.org/Calculators/Budget-
Worksheets/High-School-Student.aspx
• https://www.cicmoney101.org/Calculators/Budget-
Worksheets/Traditional-College-Student.aspx

31. 13. Webinar
Delivery Platforms
• Adobe Connect
• Eluminate Live
• Go to Meeting/Webinar
• Maestro
• Others?

32. Know Your Webinar
Platform
• Each platform has its own commands and
features
– Connect: People running the webinar loads the slides
– GoToMeeting: Speaker given permission to share screen
• Interactivity varies between platforms
– Example: Participant polling, open mic

33. Best Practices for
Webinars
• Develop webinar learning objectives
• Develop an outline/agenda to determine content
• Develop slides that are light on text
– Try to follow the “6 x 6” rule
– Resist the urge to write out detailed talking points
– Use PowerPoint “line spacing” to space out text

34. More Best Practices for
Webinars
• Encourage participant questions
– Throw out questions for participants to respond to
– Stop every 8-10 slides to read chat posts and questions
– Recognize participants by name
• Develop at least three key take-aways
• KISS: use audio and video clips sparingly, if at all
• Ditto for webcam (uses bandwidth)

35. Still More Best Practices
for Webinars
• Consider a pre-webinar task: read-ahead materials
• Make slides and handouts available to participants
• Have IT back-up support to troubleshoot “issues”
• Have a moderator in addition to speaker(s)
• Consider a “wrap around” Twitter chat
• Evaluate webinar and listen to learners!

36. Two More
Technology
Favorites

37. Future Me Web Site
• Schedule an e-mail to yourself at a future date
• Can make it public, but anonymous
• Message starts with “Dear Future Me”
• Can use to have students send themselves
“reminders”
– Action steps
– Financial goals
– Assignments and due dates
• Good accountability tool for those who use e-mail
http://www.futureme.org/

38. Online Financial Case
Studies
• Rutgers Personal Finance Course:
http://rci.rutgers.edu/~boneill/assignments/case-
study.html
– http://rci.rutgers.edu/~boneill/assignments/scoring-sheet.pdf
• Virginia Council on Economic Education:
http://www.vcee.org/Personal_Finance_Case_Study
• Next Generation Personal Finance:
http://nextgenpersonalfinance.org/curriculum/case-
studies/

39. Other Resources
• Teacher Tools:
http://www.educatorstechnology.com/p/teacher-
tools.html
• The Best Interactive Web Tools for Educators:
http://www.edudemic.com/best-web-tools/
• The 31 Educational Web Tools Every Teacher Should
Know About:
http://www.educatorstechnology.com/2013/12/the-31-
educational-web-tools-every.html
• 20 Must-Use Education Technology Tools:
http://www.huffingtonpost.com/scott-
steinberg/education-tools_b_2567342.html

40. Technology is Just a Tool!
“Technology is just a tool. In terms of
getting the kids working together and
motivating them, the teacher is the
most important”
Bill Gates
http://www.brainyquote.com/quotes/topics/topic_technology.html

41. Schools That Work For Kids:
Eric Sheninger
https://www.youtube.com/watch?v=mwrLVvORugw
“Pedagogy is the driver, technology
is the accelerator”

42. It’s not about the tech
device, it’s about the
learner experience

43. Comments? Questions?
Additional Resources?
Please drop off your description of your favorite technology teaching device