This document summarizes recent research findings, trends, and resources in personal finance from the past year. Some key findings include: research showing that focusing on the future leads to better financial decisions than financial literacy alone; rising credit card debt levels surpassing $1 trillion; and the cost of childcare exceeding average college tuition in many states. Significant events discussed include rising healthcare deductibles, the percentage of uninsured Americans reaching historic lows, and changes to the ACA penalty structure.
This 90-minute webinar will discuss “hot button” personal finance issues in 2016 that will continue to be of interest to consumers and financial practitioners in 2017. Topics to be discussed include: retirement planning, withdrawals and annuities, savings and spending trends, debt, financial fragility, changes in income in 2016, changes in health care premiums and deductibles, the Affordable Care Act, banking scandals, unemployment, government policies impacting finances in 2017, including changes to the Military Care Act and the Blended Retirement System.
To join, regsiter and for more information on this webinar: https://learn.extension.org/events/2815/edit
This is a free webinar hosted by the Personal Finance concentration area of the Military Families Learning Network.
How to Join the Webinar:
You may connect via the APAN Connect system or Ustream. For tech support for either system, email us at milfamln@gmail.com.
APAN Connect (direct interaction with presenters and audience)
To get the URL for the webinar, register in the grey box at the top-right of this page
Go mobile by viewing on the Adobe Connect app (Android & iPhone compatible)
If you cannot access APAN Connect, view via YouTube Live
YouTube Live (broadcast only, limited interaction)
Watch at https://www.youtube.com/user/MilFamLN/live
Go mobile by viewing on the YouTube app
Visit our How to Join page for full information on viewing options and troubleshooting tips.
Speaker
Barbara O’Neill, Ph.D
Current Issues for Financial Practitioners 2014-2015milfamln
This document summarizes a webinar on current personal finance issues for financial practitioners in 2014. It discusses key findings from 2014 personal finance studies and government data, including rising bank fees and health care costs, low savings rates, increasing retiree debt, and growth of inexpensive financial advisors. It also outlines significant financial events in 2014 like health care reform and the launch of MyRA retirement accounts. The objectives and agenda of the webinar are provided.
Military Family Financial Transitions: Handling Changes to Income, Benefits &...milfamln
Military service members and their families encounter numerous transitions throughout their military careers, including entering active duty, deployments, transferring from one duty station to another, leaving active duty to enter the reserve component or making the transition back to civilian life. Each of these transitions impact a military family’s financial situation. This 90 minute interactive webinar will review research on military family financial issues including family transitions on pay, benefits, and money management practices. Spousal financial concerns will be discussed. Resources will be shared.
The document discusses trends in the healthcare industry in the United States. It notes that healthcare accounts for 18% of the US economy and demand for healthcare jobs is growing rapidly. Between 2010 and 2020, the number of healthcare jobs will increase from 10.1 million to 13.1 million. The document also highlights that most new healthcare jobs will require postsecondary education and there will be a need for workers to continuously update their skills and learning through their careers.
This document discusses the importance of early childhood investments for building a strong workforce and economy. It summarizes evidence that:
- Many US students lack proficiency in core subjects and skills needed for jobs. Early childhood programs can help address this by laying the foundation for skills development from a young age.
- High-quality early education like pre-K has been shown to improve early literacy and math skills, and decrease special education needs and grade repetition, yielding long-term benefits.
- Investments in early childhood programs have been found to provide high economic returns through increased skills and productivity, with some programs yielding over $10 in returns for every $1 spent.
The document provides an overview of recent macro trends in healthcare, including:
- Healthcare spending in the US reached $8,100 per person in 2009 and continues to rise faster than inflation. Most hospitals are preparing for thinner margins as reimbursement shifts toward government programs.
- Consumer and business confidence slipped in the latest data, though Americans remain largely happy. The majority of social media users are now age 36+, up from younger demographics.
- The healthcare market remains very attractive for investment due to its size and projected growth. However, rising costs are driving providers and payers to collaborate more through models like accountable care organizations.
What's going on with the Fiscal Management Cycle - Canada - Trudeau and the L...paul young cpa, cga
This document provides a summary of the fiscal management and budget plans of the major Canadian political parties. It notes that the Liberals plan to run large deficits without a clear plan to balance the budget, while the Conservatives promise to balance the budget within 5 years. The NDP and Greens promise increased spending but do not provide deficit reduction plans. It expresses concerns about rising government debt levels, lack of oversight on COVID-19 spending, and challenges to GDP growth from factors like protectionist policies.
This 90-minute webinar will discuss “hot button” personal finance issues in 2016 that will continue to be of interest to consumers and financial practitioners in 2017. Topics to be discussed include: retirement planning, withdrawals and annuities, savings and spending trends, debt, financial fragility, changes in income in 2016, changes in health care premiums and deductibles, the Affordable Care Act, banking scandals, unemployment, government policies impacting finances in 2017, including changes to the Military Care Act and the Blended Retirement System.
To join, regsiter and for more information on this webinar: https://learn.extension.org/events/2815/edit
This is a free webinar hosted by the Personal Finance concentration area of the Military Families Learning Network.
How to Join the Webinar:
You may connect via the APAN Connect system or Ustream. For tech support for either system, email us at milfamln@gmail.com.
APAN Connect (direct interaction with presenters and audience)
To get the URL for the webinar, register in the grey box at the top-right of this page
Go mobile by viewing on the Adobe Connect app (Android & iPhone compatible)
If you cannot access APAN Connect, view via YouTube Live
YouTube Live (broadcast only, limited interaction)
Watch at https://www.youtube.com/user/MilFamLN/live
Go mobile by viewing on the YouTube app
Visit our How to Join page for full information on viewing options and troubleshooting tips.
Speaker
Barbara O’Neill, Ph.D
Current Issues for Financial Practitioners 2014-2015milfamln
This document summarizes a webinar on current personal finance issues for financial practitioners in 2014. It discusses key findings from 2014 personal finance studies and government data, including rising bank fees and health care costs, low savings rates, increasing retiree debt, and growth of inexpensive financial advisors. It also outlines significant financial events in 2014 like health care reform and the launch of MyRA retirement accounts. The objectives and agenda of the webinar are provided.
Military Family Financial Transitions: Handling Changes to Income, Benefits &...milfamln
Military service members and their families encounter numerous transitions throughout their military careers, including entering active duty, deployments, transferring from one duty station to another, leaving active duty to enter the reserve component or making the transition back to civilian life. Each of these transitions impact a military family’s financial situation. This 90 minute interactive webinar will review research on military family financial issues including family transitions on pay, benefits, and money management practices. Spousal financial concerns will be discussed. Resources will be shared.
The document discusses trends in the healthcare industry in the United States. It notes that healthcare accounts for 18% of the US economy and demand for healthcare jobs is growing rapidly. Between 2010 and 2020, the number of healthcare jobs will increase from 10.1 million to 13.1 million. The document also highlights that most new healthcare jobs will require postsecondary education and there will be a need for workers to continuously update their skills and learning through their careers.
This document discusses the importance of early childhood investments for building a strong workforce and economy. It summarizes evidence that:
- Many US students lack proficiency in core subjects and skills needed for jobs. Early childhood programs can help address this by laying the foundation for skills development from a young age.
- High-quality early education like pre-K has been shown to improve early literacy and math skills, and decrease special education needs and grade repetition, yielding long-term benefits.
- Investments in early childhood programs have been found to provide high economic returns through increased skills and productivity, with some programs yielding over $10 in returns for every $1 spent.
The document provides an overview of recent macro trends in healthcare, including:
- Healthcare spending in the US reached $8,100 per person in 2009 and continues to rise faster than inflation. Most hospitals are preparing for thinner margins as reimbursement shifts toward government programs.
- Consumer and business confidence slipped in the latest data, though Americans remain largely happy. The majority of social media users are now age 36+, up from younger demographics.
- The healthcare market remains very attractive for investment due to its size and projected growth. However, rising costs are driving providers and payers to collaborate more through models like accountable care organizations.
What's going on with the Fiscal Management Cycle - Canada - Trudeau and the L...paul young cpa, cga
This document provides a summary of the fiscal management and budget plans of the major Canadian political parties. It notes that the Liberals plan to run large deficits without a clear plan to balance the budget, while the Conservatives promise to balance the budget within 5 years. The NDP and Greens promise increased spending but do not provide deficit reduction plans. It expresses concerns about rising government debt levels, lack of oversight on COVID-19 spending, and challenges to GDP growth from factors like protectionist policies.
The document summarizes several new and revised personal finance education resources released by the National Endowment for Financial Education (NEFE) in 2017, including:
- New curriculum resources such as an online personal finance game, a semester-long course, and materials for middle school teachers.
- Advocacy resources such as a report on access to financial education and a documentary on its importance.
- Professional development opportunities such as a one-day training event.
- Expanded existing curriculum units on saving and paying for college.
- An interactive library and virtual assistant for easy access to materials.
This 90-minute webinar will discuss “hot button” personal finance issues in 2015 that will continue to be of interest to consumers and financial practitioners in 2016. Some key topics include increasing rates of personal data hacking and tax refund identity theft, changes in credit scoring, stock market volatility, and continued implementation of the Affordable Care Act. The webinar will conclude with a discussion of strategies to reduce federal and/or state income taxes while there is still time and preview 2016 changes in income tax, estate tax, Social Security, and other government regulations.
The document provides a summary of key personal finance events and findings from 2015, including:
- Studies showing correlations between health behaviors and financial planning, and between lack of assets and early death.
- Data showing declines in the uninsured population after the Affordable Care Act and projections of high medical costs for retirees.
- Surveys finding disconnects between Americans' retirement goals and savings behaviors.
- Government reports on issues like retirement security and growing wealth inequality.
Financial Planning for the Second Half of Lifemilfamln
The United States has an increasingly aging population including baby boomers age 50 to 68 (in 2014). Older adults face unique financial planning challenges. These include making irrevocable decisions about claiming Social Security benefits, selecting Medicare supplement health insurance and long-term care insurance, selecting income-based investments (e.g., annuities), making sustainable retirement asset withdrawals, and calculating required minimum distributions (RMDs) due on tax-deferred savings plans such as traditional IRAs and the Thrift Savings Plan (TSP). This 90-minute webinar will “package” together 15 key later life financial planning topics that older adults and the practitioners who serve them need to understand and address. Topics that will be covered in the webinar include:
Common financial errors of older adults
Statistics about older adult finances
Common later life financial characteristics and required decisions
15 key later life financial planning topics (e.g., creating a retirement “paycheck,” required minimum distributions, untitled property transfers, and leaving a legacy)
Personal finance resources for older adults and financial practitioners
Participant interaction will include discussing workable financial planning strategies for older adults, older client errors and “blind spots,” older client success stories, and more.
Join this live session Sept. 23 at 11 a.m. ET. More info: https://learn.extension.org/events/1653
This document discusses strategies for teaching budgeting and financial management to individuals with volatile incomes. It begins by noting that over half of Americans no longer receive a steady income due to the gig economy and self-employment. While traditional budgeting tools assume regular incomes, several techniques are proposed for irregular incomes, including calculating average monthly income and expenses, setting up buffer savings accounts, and cultivating multiple income streams. The document provides resources for irregular income budgeting worksheets and recommends reading about the financial challenges of income volatility.
The document provides a summary of significant personal finance events and trends in 2018. Key events included record low unemployment and rising wages in the US, all-time highs in average car loan payments and identity fraud cases, and the 20th anniversary of Roth IRAs. Research studies highlighted trends like declining retirement savings amounts, increased financial support to adult children, and a shift to unsecured personal loans. The stock market experienced volatility with losses in October.
This webinar discusses strategies for catching up on retirement savings for those who started saving later in life. It covers retirement planning realities like how many people have less than $25,000 saved excluding their home and pension. Catch-up strategies discussed include increasing retirement plan contributions, paying down debt to free up money for savings, taking on a side job to boost income, investing more aggressively in stocks when time allows, and maximizing available tax breaks. The webinar aims to encourage action and provide optimism that late savers still have options.
Healthcare Digest July 2011 by Jim Bloedau of Information Advantage GroupHIMSS
The document provides a summary of recent macroeconomic trends and healthcare news. It notes that while consumer and business confidence has slipped recently, most Americans remain happy. It also highlights that the largest demographic of social network users and healthcare consumers is now those aged 36+ rather than the traditional 25-54 group. The document aims to keep readers informed on the latest trends, research and innovations in healthcare delivery models.
Financial Planning for the Second Half of LifeBarbara O'Neill
The document discusses financial planning considerations for older adults in the second half of life. It covers major financial concerns like health care costs, investing strategies, avoiding fraud, and creating a retirement income stream. Research findings are presented on topics like declining wealth, underestimating life expectancy, and lack of retirement savings. Fifteen key financial issues for older adults are also outlined.
This document discusses using psychographic segmentation to enhance revenue collection from patients. It begins by outlining how patient financial responsibility is increasing and how patients prefer more digital payment options. It then describes five common psychographic patient segments - Self Achievers, Balance Seekers, Priority Jugglers, Direction Takers, and Willful Endurers - and how their characteristics relate to likelihood of paying bills and preferred payment methods. The rest of the document discusses how a digital platform can implement psychographic segmentation to personalize patient financial communications and improve collections rates.
Budgeting for Results and Paying for Success in State Government 5.6.14Greg Wass
My presentation for Big Data Week 2014 (livestreamed from Chicago on 05.06.2014) on how the State of Illinois is using data to drive governmental decisionmaking at the enterprise and individual program levels.
How are people managing their finances?What tools and services would make their lives easier? The quarterly consumer trends survey from Fiserv provides answers and insights.
This document provides an overview of key financial planning considerations and action steps for common life events like cohabitation, marriage, parenthood, divorce, widowhood, and remarriage. It begins by outlining a personal/family lifecycle model and financial lifecycle model. For each life event, it provides relevant research findings on trends and challenges, then lists specific action steps clients should take to best manage their finances through that transition. The document aims to equip financial advisors with information to help clients plan for various life changes.
Healthcare| Ontario| | Analysis and Commentary| January 2019paul young cpa, cga
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
The delivery model is broken!
Healthcare Crisis| Canada and Ontario| Analysis and Commentary| May 2019paul young cpa, cga
This presentation will look at funding of healthcare along with the issues facing the delivery of healthcare dollars by the provinces and territories as part of improving patient care.
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
This document discusses strategies for promoting savings behavior during America Saves Week. It provides data on current savings rates and financial fragility in the US. Research on characteristics of successful savers is presented, such as using savings rules and visualizing long-term goals. Suggestions are made for how to encourage savings, including automatic savings, financial education, matching programs, prize-linked savings accounts, and motivational text messages. The document encourages organizations to participate in America Saves Week activities and outlines available resources.
The document discusses the shifting public debate around pensions and the need for pension funds to better manage their public image and communications. It outlines how the debate has expanded from pensions being too generous to also questioning return rates and funding levels. It notes critics now target pension funds, their investment practices, and actuarial assumptions. The document advocates that pension funds provide transparent facts to counter misleading narratives, educate the public, and get ahead of critics by explaining their practices and historical investment returns. It argues pension funds need to lead the conversation rather than react to attacks in order to protect their credibility.
The document discusses the shifting public debate around pensions and the need for pension funds to better manage their public image and communications. It outlines how the debate has expanded from pensions being too generous to also questioning return rates and funding levels. It notes critics now target pension funds, their asset valuations and investment strategies. The document advises pension funds to provide transparent facts to counter misleading narratives, such as explaining their diverse funding sources and historical investment returns. It stresses the importance of replacing attacks with truthful information to control the public discussion and protect credibility.
This document provides the syllabus for a Personal Finance course at Rutgers University. The key details include:
- The course covers topics like financial planning, banking, credit, investing, and retirement planning to help students develop important money management skills.
- Students' grades will be based on exams, assignments analyzing financial tools and products, and a group case study presentation.
- The goal is for students to gain knowledge and confidence to take control of their financial futures and make wise personal financial decisions.
Inflation Causes, Impacts, Mitigation Strategies, and BenefitsBarbara O'Neill
60-minute webinar for AFCPE on 05/11/23 that discusses the causes and impacts of inflation and several dozen strategies to mitigate the effects of higer prices on household budgets.
More Related Content
Similar to AAFCS 2017 #2 What's New in Personal Finance?
The document summarizes several new and revised personal finance education resources released by the National Endowment for Financial Education (NEFE) in 2017, including:
- New curriculum resources such as an online personal finance game, a semester-long course, and materials for middle school teachers.
- Advocacy resources such as a report on access to financial education and a documentary on its importance.
- Professional development opportunities such as a one-day training event.
- Expanded existing curriculum units on saving and paying for college.
- An interactive library and virtual assistant for easy access to materials.
This 90-minute webinar will discuss “hot button” personal finance issues in 2015 that will continue to be of interest to consumers and financial practitioners in 2016. Some key topics include increasing rates of personal data hacking and tax refund identity theft, changes in credit scoring, stock market volatility, and continued implementation of the Affordable Care Act. The webinar will conclude with a discussion of strategies to reduce federal and/or state income taxes while there is still time and preview 2016 changes in income tax, estate tax, Social Security, and other government regulations.
The document provides a summary of key personal finance events and findings from 2015, including:
- Studies showing correlations between health behaviors and financial planning, and between lack of assets and early death.
- Data showing declines in the uninsured population after the Affordable Care Act and projections of high medical costs for retirees.
- Surveys finding disconnects between Americans' retirement goals and savings behaviors.
- Government reports on issues like retirement security and growing wealth inequality.
Financial Planning for the Second Half of Lifemilfamln
The United States has an increasingly aging population including baby boomers age 50 to 68 (in 2014). Older adults face unique financial planning challenges. These include making irrevocable decisions about claiming Social Security benefits, selecting Medicare supplement health insurance and long-term care insurance, selecting income-based investments (e.g., annuities), making sustainable retirement asset withdrawals, and calculating required minimum distributions (RMDs) due on tax-deferred savings plans such as traditional IRAs and the Thrift Savings Plan (TSP). This 90-minute webinar will “package” together 15 key later life financial planning topics that older adults and the practitioners who serve them need to understand and address. Topics that will be covered in the webinar include:
Common financial errors of older adults
Statistics about older adult finances
Common later life financial characteristics and required decisions
15 key later life financial planning topics (e.g., creating a retirement “paycheck,” required minimum distributions, untitled property transfers, and leaving a legacy)
Personal finance resources for older adults and financial practitioners
Participant interaction will include discussing workable financial planning strategies for older adults, older client errors and “blind spots,” older client success stories, and more.
Join this live session Sept. 23 at 11 a.m. ET. More info: https://learn.extension.org/events/1653
This document discusses strategies for teaching budgeting and financial management to individuals with volatile incomes. It begins by noting that over half of Americans no longer receive a steady income due to the gig economy and self-employment. While traditional budgeting tools assume regular incomes, several techniques are proposed for irregular incomes, including calculating average monthly income and expenses, setting up buffer savings accounts, and cultivating multiple income streams. The document provides resources for irregular income budgeting worksheets and recommends reading about the financial challenges of income volatility.
The document provides a summary of significant personal finance events and trends in 2018. Key events included record low unemployment and rising wages in the US, all-time highs in average car loan payments and identity fraud cases, and the 20th anniversary of Roth IRAs. Research studies highlighted trends like declining retirement savings amounts, increased financial support to adult children, and a shift to unsecured personal loans. The stock market experienced volatility with losses in October.
This webinar discusses strategies for catching up on retirement savings for those who started saving later in life. It covers retirement planning realities like how many people have less than $25,000 saved excluding their home and pension. Catch-up strategies discussed include increasing retirement plan contributions, paying down debt to free up money for savings, taking on a side job to boost income, investing more aggressively in stocks when time allows, and maximizing available tax breaks. The webinar aims to encourage action and provide optimism that late savers still have options.
Healthcare Digest July 2011 by Jim Bloedau of Information Advantage GroupHIMSS
The document provides a summary of recent macroeconomic trends and healthcare news. It notes that while consumer and business confidence has slipped recently, most Americans remain happy. It also highlights that the largest demographic of social network users and healthcare consumers is now those aged 36+ rather than the traditional 25-54 group. The document aims to keep readers informed on the latest trends, research and innovations in healthcare delivery models.
Financial Planning for the Second Half of LifeBarbara O'Neill
The document discusses financial planning considerations for older adults in the second half of life. It covers major financial concerns like health care costs, investing strategies, avoiding fraud, and creating a retirement income stream. Research findings are presented on topics like declining wealth, underestimating life expectancy, and lack of retirement savings. Fifteen key financial issues for older adults are also outlined.
This document discusses using psychographic segmentation to enhance revenue collection from patients. It begins by outlining how patient financial responsibility is increasing and how patients prefer more digital payment options. It then describes five common psychographic patient segments - Self Achievers, Balance Seekers, Priority Jugglers, Direction Takers, and Willful Endurers - and how their characteristics relate to likelihood of paying bills and preferred payment methods. The rest of the document discusses how a digital platform can implement psychographic segmentation to personalize patient financial communications and improve collections rates.
Budgeting for Results and Paying for Success in State Government 5.6.14Greg Wass
My presentation for Big Data Week 2014 (livestreamed from Chicago on 05.06.2014) on how the State of Illinois is using data to drive governmental decisionmaking at the enterprise and individual program levels.
How are people managing their finances?What tools and services would make their lives easier? The quarterly consumer trends survey from Fiserv provides answers and insights.
This document provides an overview of key financial planning considerations and action steps for common life events like cohabitation, marriage, parenthood, divorce, widowhood, and remarriage. It begins by outlining a personal/family lifecycle model and financial lifecycle model. For each life event, it provides relevant research findings on trends and challenges, then lists specific action steps clients should take to best manage their finances through that transition. The document aims to equip financial advisors with information to help clients plan for various life changes.
Healthcare| Ontario| | Analysis and Commentary| January 2019paul young cpa, cga
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
The delivery model is broken!
Healthcare Crisis| Canada and Ontario| Analysis and Commentary| May 2019paul young cpa, cga
This presentation will look at funding of healthcare along with the issues facing the delivery of healthcare dollars by the provinces and territories as part of improving patient care.
Healthcare is a key area for many countries
Canada spends roughly 10% of GDP on healthcare or about $200B. Approximately 20% comes from the federal government through the HST
The largest expenditures for provinces is healthcare. Ontario for example spends around $55B or about 40% of their budget on healthcare
There is lots of waste within healthcare as many provinces have not done a very good job when it comes to value for money/healthcare
This document discusses strategies for promoting savings behavior during America Saves Week. It provides data on current savings rates and financial fragility in the US. Research on characteristics of successful savers is presented, such as using savings rules and visualizing long-term goals. Suggestions are made for how to encourage savings, including automatic savings, financial education, matching programs, prize-linked savings accounts, and motivational text messages. The document encourages organizations to participate in America Saves Week activities and outlines available resources.
The document discusses the shifting public debate around pensions and the need for pension funds to better manage their public image and communications. It outlines how the debate has expanded from pensions being too generous to also questioning return rates and funding levels. It notes critics now target pension funds, their investment practices, and actuarial assumptions. The document advocates that pension funds provide transparent facts to counter misleading narratives, educate the public, and get ahead of critics by explaining their practices and historical investment returns. It argues pension funds need to lead the conversation rather than react to attacks in order to protect their credibility.
The document discusses the shifting public debate around pensions and the need for pension funds to better manage their public image and communications. It outlines how the debate has expanded from pensions being too generous to also questioning return rates and funding levels. It notes critics now target pension funds, their asset valuations and investment strategies. The document advises pension funds to provide transparent facts to counter misleading narratives, such as explaining their diverse funding sources and historical investment returns. It stresses the importance of replacing attacks with truthful information to control the public discussion and protect credibility.
Similar to AAFCS 2017 #2 What's New in Personal Finance? (20)
This document provides the syllabus for a Personal Finance course at Rutgers University. The key details include:
- The course covers topics like financial planning, banking, credit, investing, and retirement planning to help students develop important money management skills.
- Students' grades will be based on exams, assignments analyzing financial tools and products, and a group case study presentation.
- The goal is for students to gain knowledge and confidence to take control of their financial futures and make wise personal financial decisions.
Inflation Causes, Impacts, Mitigation Strategies, and BenefitsBarbara O'Neill
60-minute webinar for AFCPE on 05/11/23 that discusses the causes and impacts of inflation and several dozen strategies to mitigate the effects of higer prices on household budgets.
Income Tax Issues for Older Adults-02-23-UPDATED.pptxBarbara O'Neill
This document provides information about taxes and retirement planning for older adults in 2023. It discusses the standard deduction amounts for single and married filers both under and over age 65. It also summarizes the required minimum distribution percentages that must be withdrawn from retirement accounts each year starting at age 72, and how those percentages increase with the account owner's age. Lastly, it mentions the increased contribution limits for employer retirement plans and IRAs for those over age 50.
Barbara O'Neill has over 40 years of experience in personal finance education and research. She holds a Ph.D. in resource management and family economics and has authored or co-authored seven books. As an Extension Specialist at Rutgers University, she developed numerous personal finance programs and educational resources. She has received many awards for her contributions to the field and has held leadership roles in major professional associations.
This document provides strategies for older adults to fight inflation, including reducing spending on groceries, eating out, gas, utilities, clothing, and big ticket items. It recommends saving and investing strategies like laddering fixed income securities and considering I bonds, fixed annuities, and high yield savings accounts. Positive aspects of inflation include Social Security COLAs and the impact of inflation on debtors. The document outlines additional lifelines for all ages, like government benefits, and for older adults, like reverse mortgages and working in later life. It concludes by emphasizing developing an individual inflation-fighting plan through small, consistent habits.
This document discusses common sources of retirement income for farm families. It lists seven main sources: 1) Social Security, 2) income from off-farm jobs like pensions or retirement plans, 3) rental income from land/buildings/equipment, 4) individual retirement accounts, 5) simplified employee pensions for self-employed individuals, 6) investment income, and 7) continued income from the farm like crop/animal payments or agritourism. It also promotes an online course on later life farming from Rutgers Cooperative Extension.
The document lists entries for a cookie contest divided into 4 categories: Children Under 7 had 4 entries, Children 7-12 had 5 entries, Teens 13-18 had 3 entries, and Adults 19+ had 12 entries. The document organized the entries by category and included the age of some entrants.
This document provides a resource list on personal finance topics in 2022, including inflation, interest rates, savings, housing, taxes, credit, student loans, and cars. It summarizes over 30 articles from sources like The Wall Street Journal, Federal Reserve, IRS, and CFPB on these issues. The articles discuss rising inflation, gas and food prices, the Federal Reserve raising interest rates, declining home sales as mortgage rates increase, student loan forgiveness programs, and high used car prices.
This document provides a resource list on personal finance topics in 2022, including inflation, interest rates, savings, housing, taxes, credit, student loans, and cars. It summarizes over 30 articles from sources like The Wall Street Journal, Federal Reserve, IRS, and CFPB on these issues. The articles discuss rising inflation, gas and food prices, the Federal Reserve raising interest rates several times to combat inflation, slowing housing market activity due to high mortgage rates, tax filing statistics and credits, medical debt reporting changes, student loan forgiveness programs and lawsuits, and decreasing used car prices after prior spikes.
Income Tax Issues for Older Adults-MTP-02-22.pdfBarbara O'Neill
This document discusses income tax issues that are especially relevant for older adults. It covers 13 tax topics, including required minimum distributions from retirement accounts that must begin at age 72, the increased standard deduction for those aged 65 and older, taxation of Social Security benefits, catch-up contribution limits for those over 50, and the elimination of early withdrawal penalties for retirement funds after age 59.5. It provides examples and explanations for each topic to help older adults understand and plan for their unique tax situations.
Beyond legal documents, there are 12 additional planning strategies that can help ensure a "good ending" for someone at the end of their life. These strategies include simplifying assets, creating a financial notebook, compiling digital and beneficiary asset inventories, writing letters of instruction, planning end-of-life communications, and considering lifetime gifts. Taking steps like these can provide peace of mind for the individual and make the tasks of executors and family less difficult during a stressful time. The presentation provides templates and examples for implementing many of the suggested strategies.
Give Yourself a Financial Check-Up-Older Adult VersionBarbara O'Neill
This document provides various financial check-up tools and methods for assessing an individual's financial health, with a focus on tools for older adults. It outlines 25 different check-ups across several categories, including financial statements, financial planning, investments, later life planning, personal characteristics, and assessment/comparison tools. For each check-up, worksheets and calculation examples are provided. The goal is to help individuals evaluate their financial strengths and weaknesses and identify areas for improvement.
Five Tips to Flip Your Retirement Switch-06-22.pdfBarbara O'Neill
This document outlines five tips for adjusting one's spending and finances in retirement. It discusses flipping the switch from saving to spending by stepping outside one's comfort zone with spending and automating savings withdrawals. It also addresses creating a steady income stream through withdrawal plans, adjusting to changes in income by potentially working, spending less, or tapping home equity, managing income taxes strategically, and ramping up philanthropy in retirement.
Dr. Barbara O'Neill discusses leveraging LinkedIn for career advancement and professional development. She shares that maintaining an active LinkedIn profile with regular posts, 500+ connections, engaging with others, and adding visuals can help professionals build their personal brand and be visible to recruiters. LinkedIn is important as both a job searching and information sharing tool for professionals.
Digital Assets Inventory Presentation-BMO-04-22.pdfBarbara O'Neill
This document discusses how to inventory and protect your digital assets. It defines digital assets as any personal information stored electronically, and notes that the average American has 25 logins and $55,000 worth of digital assets. It recommends creating a detailed digital asset inventory, determining goals for your digital assets, considering revisions to estate planning documents, and regularly reviewing your inventory. Key steps include identifying asset categories, using a password manager, and designating a digital executor to access accounts after death.
Creating Attractive Graphics for Documents and Social Media discusses various types of graphics that can be used, including stock images, personal photos, hand drawings, grayed out images, Canva graphics, PowerPoint images, Bitmojis, photo collages, charts and infographics, GIFs, and memes. It provides tips for using each type, such as using Pixabay for free stock images, graying out images in PowerPoint for a soft effect, and using apps like PicCollage or websites like Giphy to make collages and find GIFs. The document encourages selecting a few new visual types to try based on one's needs and interests.
The document describes 35 useful personal finance websites organized by topic such as calculating investments, checking credit reports, learning about taxes, and monitoring accounts. It provides the URL for each site and a brief one sentence description. Additional resources from meeting participants are requested at the end. Common reasons people visit financial websites are also outlined, such as doing calculations, learning about topics, and following respected leaders. Features of good sites mentioned are being mobile friendly, having intuitive designs, and including financial literacy resources.
What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
Newman Leech's success in the real estate industry is based on key lessons and principles, offering practical advice for new investors and serving as a blueprint for building a successful career.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Vadhavan Port Development _ What to Expect In and Beyond (1).pdfjohnson100mee
The Vadhavan Port Development is poised to be one of the most significant infrastructure projects in India's maritime history. This deep-sea port, located in Maharashtra, promises to transform the region's economic landscape, bolster India's trade capabilities, and generate a plethora of employment opportunities. In this blog, we will delve into the various facets of the Vadhavan Port Development: what to expect in and beyond its completion, and how it stands to influence the future of India's maritime and economic sectors.
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metricsshruti1menon2
Poonawalla Fincorp Limited, under the leadership of Managing Director Abhay Bhutada, has achieved industry-leading Gross Non-Performing Assets (GNPA) below 1% and Net Non-Performing Assets (NNPA) below 0.5% as of May 31, 2024. This success is attributed to a strategic vision focusing on prudent credit policies, robust risk management, and digital transformation. Bhutada's leadership has driven the company to exceed its targets ahead of schedule, emphasizing rigorous credit assessment, advanced risk management, and enhanced collection efficiency. By prioritizing customer-centric solutions, leveraging digital innovation, and maintaining strong financial performance, Poonawalla Fincorp sets new benchmarks in the industry. With a continued focus on asset quality, digital enhancement, and exploring growth opportunities, the company is well-positioned for sustained success in the future.
CRYPTOCURRENCY REVOLUTIONIZING THE FINANCIAL LANDSCAPE AND SHAPING THE FUTURE...itsfaizankhan091
Cryptocurrency, a digital or virtual form of currency that uses cryptography for security, has revolutionized the financial landscape. Originating with Bitcoin's inception in 2009 by the pseudonymous Satoshi Nakamoto, cryptocurrencies have grown from niche curiosities to mainstream financial instruments, reshaping how we think about money, transactions, and the global economy.
The birth of Bitcoin marked the beginning of the cryptocurrency era. Unlike traditional currencies issued by governments and controlled by central banks, Bitcoin operates on a decentralized network using blockchain technology. This technology ensures transparency, security, and immutability of transactions, fundamentally challenging the centralized financial systems that have dominated for centuries.
Bitcoin was conceived as a peer-to-peer electronic cash system, aimed at providing an alternative to the traditional banking system plagued by inefficiencies, high fees, and lack of transparency. The underlying blockchain technology, a distributed ledger maintained by a network of nodes, ensures that every transaction is recorded and cannot be altered, thus providing a secure and transparent financial system.
June 20, 2024
CRYPTOCURRENCY: REVOLUTIONIZING THE FINANCIAL LANDSCAPE AND SHAPING THE FUTURE
Cryptocurrency: Revolutionizing the Financial Landscape and Shaping the Future
Cryptocurrency, a digital or virtual form of currency that uses cryptography for security, has revolutionized the financial landscape. Originating with Bitcoin's inception in 2009 by the pseudonymous Satoshi Nakamoto, cryptocurrencies have grown from niche curiosities to mainstream financial instruments, reshaping how we think about money, transactions, and the global economy.
#### The Genesis of Cryptocurrency
The birth of Bitcoin marked the beginning of the cryptocurrency era. Unlike traditional currencies issued by governments and controlled by central banks, Bitcoin operates on a decentralized network using blockchain technology. This technology ensures transparency, security, and immutability of transactions, fundamentally challenging the centralized financial systems that have dominated for centuries.
Bitcoin was conceived as a peer-to-peer electronic cash system, aimed at providing an alternative to the traditional banking system plagued by inefficiencies, high fees, and lack of transparency. The underlying blockchain technology, a distributed ledger maintained by a network of nodes, ensures that every transaction is recorded and cannot be altered, thus providing a secure and transparent financial system.
#### The Proliferation of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies, or altcoins, have emerged. Each of these altcoins aims to improve upon Bitcoin or serve specific purposes within the digital economy. Notable examples include Ethereum, which introduced smart contracts – self-executing contracts with the terms of the agreement
1. What’s New in
Personal Finance?
Research, Trends, and
Resources
Barbara O’Neill, Ph.D., CFP®
Rutgers Cooperative Extension
oneill@aesop.rutgers.edu
2. Workshop Topics
• Findings from personal finance research studies
• Financial events and trends
• Financial topic updates
• New or revised financial education resources
3. What Do You Think Was
the MOST Significant
Personal Finance Event
during the past year?
5. Impulsiveness and Saving
• Research by Newcomb (7/16)
• When people focus on the future, they tend to be less
impulsive, regardless of their level of financial literacy
• High levels of impulsiveness and materialism were
associated with poor financial decision-making
• The strongest predictor of good financial decisions
was not financial literacy but focus on the future
http://www.apa.org/news/press/releases/2016/08/save-money.aspx
6. Budgeting, Health, and Finances
• Journal of Family and Consumer Sciences article
• Positive and statistically significant relationships
between using a budget and eighteen positive health
and financial practices
– Budget use was associated with higher health &
finance quiz scores
• Variable: “I follow a hand-written or computer-
generated spending plan (budget) to guide my
spending and savings”
7. Credit Card Debt
Credit Card Debt Statistics (5/16):
• Average American household debt: $5,700
– Households with and without revolving balances
• Average for balance-carrying households: $16,048
– Remember, many households are carrying much more
• 38.1% of all households carry some sort of credit
card debt (Census and Federal Reserve data)
https://www.valuepenguin.com/average-credit-card-debt
8. Credit Card Debt
• Breached $1 trillion outstanding mark (4/17)
• Highest mark since Great Recession
• Possible reasons:
– Rising incomes
– Low unemployment
– Non-homeowners borrowing for other items
• Joins auto loans and student debt at > $1 trillion
• Most borrowers are paying debts on time for now
https://www.wsj.com/articles/the-nations-credit-card-tab-hits-1-trillion-1491593929
9. Cost of Child Care
New America study (9/16)
• Full-time care in a center for a child age 4 or under
costs > average in-state college tuition
– Child care center: $9,589
– Average college tuition: $9,410
• One-fifth of families use a “patchwork” approach
http://www.fa-mag.com/news/finding-good--affordable-
childcare-tough-in-any-u-s--state-29212.html
http://www.wsj.com/articles/soaring-child-care-costs-
squeeze-families-1467415411
10. 2017 EBRI Retirement
Confidence Survey (RCS)
• 69% of workers (or their spouse) had saved for
retirement
• Considerable gap between workers’ expectations
and retirees’ experience about leaving workforce
• 41% of workers (or spouse) had calculated
retirement savings need
• 47% of workers had < $25,000 saved (excluding
value of home and DB pension)
– Includes 24% who have < $1,000
https://www.ebri.org/pdf/surveys/rcs/2017/IB.431.Mar17.RCS17..21Mar17.pdf
11. Millennial Retirement Planning
• AICPA Study (3/16): Millennials have 2 major
obstacles to saving for retirement
– Student loan debt
– Pessimism and scars from the 2008 financial crisis
• Only half had started to save for retirement
• Half fear losing their savings in retirement
• Reassure millennials that time is on their side
– Time to invest
– Time diversification
https://www.aicpa.org/press/pressreleases/2016/pages/saving-
is-a-top-priority-for-millennials.aspx
Journal of Financial Planning, September 2016, p. 14.
12. Home Equity as a Retirement
Income Strategy
• Pfau (4/16) study of use of reverse mortgages to
supplement portfolio withdrawals
• Opening line of credit at start of retirement and then
delaying its use until the portfolio is depleted
creates the most downside protection
• Key take-aways:
– Open RM line of credit at earliest possible age and leave
it unused as long as possible
– RMs are not just something to use as a last resort
https://www.onefpa.org/journal/Pages/APR16-Incorporating-Home-Equity-
into-a-Retirement-Income-Strategy.aspx
13. Median Income Increase
9/16 Census Bureau report:
• First gain in household income since 2007
• Largest annual gain since Census Bureau began
releasing data in 1967
• Median household income in 2015 was $56,516, up
5.2% ($2,798) from a year earlier after inflation
• 2015 official poverty rate: 13.5% vs. 14.8% in 2014
http://www.wsj.com/articles/u-s-household-incomes-
surged-5-2-in-2015-ending-slide-1473776295
14. “A Tale of Two Americas”
• National averages indicate recovery from the Great
Recession
• National statistics do not reflect the experience of
many people
• Income and assets of upper 10% of households are
skewing data used to measure economic health
• “Hollowing out” of mid-level positions in workforce
http://bigstory.ap.org/article/6594cedbfa2140f3a766862ae7ef13c0/memphis
-and-around-us-economic-averages-miss-big-picture
15. Financial Fragility
May 2016 Federal Reserve Board study:
• 46% of adults said they either could not cover an
emergency expense costing $400 or would cover it
by selling something or borrowing something
• 31% of non-retired respondents had no retirement
savings or pension
http://www.federalreserve.gov/2015-report-economic-
well-being-us-households-201605.pdf
16. Upper Middle Class Makes Gains
• Upper middle class is larger and richer than it has
ever been
– 29.4% of population in 2014
– 12.9% of population in 1979
• Study definition: household earnings of $100k to
$350k for family of three
http://www.wsj.com/articles/upper-middle-class-sees-
big-gains-research-finds-1466554177
17. TIAA Institute-GFLEC
Personal Finance Index
• Introduced in March 2017; will be updated annually
• 28 questions in 8 “functional areas”
– Earning, Consuming, Saving, Investing, Borrowing/Debt,
Insuring, Comprehending Risk, and Information Sources
• On average, U.S. adults answered 49% of questions
correctly; 16% answered over 75% correctly
• Comprehending risk had lowest level of knowledge
– On average, 39% of questions answered correctly
https://www.tiaainstitute.org/sites/default/files/presentations/2017-
03/TIAA%20Institute-GFLEC%20P-Fin%20Index%20Report.pdf
19. High-Deductible Health
Insurance Plans
• In 2016, FOR THE FIRST TIME EVER, more than
half of workers- 51%- have a deductible of more
than $1,000 for a plan covering a single person (vs.
46% in 2015)
• In 2017, 84% of large employers will offer high-
deductible plans
– 35% of large employers will offer ONLY high-
deductible plans (Kaiser/HRET survey)
http://www.wsj.com/articles/employers-shift-higher-
health-care-costs-to-workers-1476194147
20. Percentage of Uninsured
Americans at Historic Low
• 2016 Survey: 8.8% of respondents lack health
insurance (versus 16% in 2010)
• Translates to 27.3 million people
• 15.9% of 25 to 34 year olds were uninsured
• 8.1% of 45 to 64 year olds were uninsured
• Around 40% of those under 65 were in a high-
deductible plan (versus 25.3% in 2010)
http://www.wsj.com/articles/percentage-of-uninsured-historically-
low-1473220802
21. ACA Tax Penalties
• Called a “shared responsibility payment” by the IRS
– In effect, an extra tax
– Substantially higher than 2014 amount
• Taxpayers owe the GREATER OF a flat assessment or a
percentage of income
• 2016 flat assessment penalty was $695 per adult ($347.50
per child) with a maximum of $2,085 per household
• 2016 percentage of income penalty was 2.5% of household
income, up to national average cost of a Bronze plan
https://www.healthcare.gov/fees/fee-for-not-being-covered/
22. Bank Overdraft Fees
• 1/16 Article:
http://money.cnn.com/2016/01/14/investing/atm-
overdraft-fees/
• Typical overdraft fee is $34
• CFPB Study: majority of overdrafts are made on
transactions of $24 or less
• CFPB Study: If someone borrowed $24 for three
days and paid an overdraft fee of $34, the APR
would be 17,000%
23. Wells Fargo Scandal
• Wells Fargo fined $185 million for creating fake bank
and credit card accounts.
• Culture of unrealistically high sales targets
• >5,000 employees let go; CEO Stumpf stepped down
• Unwanted credit cards, fake PIN numbers, etc.
• Transfers to fake accounts often triggered overdraft
fees when original account balance ran low
• Take-Away: Check your credit report!
http://money.cnn.com/2016/09/30/pf/fake-bank-
accounts/
24. ACH Upgrades
• Automated Clearinghouse Network (ACH) for
electronic fund transfers ($42 trillion annually)
• 9/16: Big step toward real-time money movements
• Businesses can hold onto cash until day that
workers get paid instead of a few days later
http://www.wsj.com/articles/same-day-paycheck-
deposits-finally-arrive40-years-later-1474668954
25. Millennials Living at Home
• For first time in modern era, living with parents edges
out all other living arrangements for 18- to 34-year-
olds (5/16 Pew Research Center Report)
• Just under a third (32.1%) of millennials live at home
(almost half in NJ)
• Impact on parents’ retirement savings, home
downsizing plans, etc.
http://www.pewsocialtrends.org/2016/05/24/for-first-
time-in-modern-era-living-with-parents-edges-out-
other-living-arrangements-for-18-to-34-year-olds/
26. Free FICO Credit Scores
• 2013- Discover was first major card issuer to give
customers free access to FICO scores
• 2016- Most big banks now provide credit score
access to customers.
• An estimated 100 million Americans now have
access to their credit score
– Through their credit card or bank
• Does not impact credit score because people are
not actively applying for new credit
http://www.usnews.com/news/business/articles/2016-03-09/banks-now-
giving-customers-access-to-credit-scores-for-free
27. Tax Fraud Scams
• Explosion of fake e-mails and calls purporting to
come from IRS
• Some ask victims to pay a balance tied to the
Affordable Care Act (ACA)
• Some ask for payment with a prepaid debit card
• The IRS never initiates contact by e-mail or phone
http://www.wsj.com/articles/the-new-irs-email-scam-
coming-to-your-inbox-1475143202
28. Tax ID Theft Cut in Half
• Unprecedented public-private crackdown
• Tax preparation firms and IRS shared information
• Prevented millions of dollars in fraudulent refunds
• Tax identity theft dropped 50% during first nine
months of the year
• More new safeguards planned for 2017
http://www.usatoday.com/story/money/2016/11/03/irs-says-
2016-crackdown-helped-slow-identity-theft-tax-refund-
fraud/93234624/
29. 40th Birthday of First Index Fund
• 9/76- Vanguard 500 Index Fund opened (Jack Bogle)
with $11.3 million on assets
• Today: 20 million investor clients, including many
“Bogleheads”: https://www.bogleheads.org/
• > $3 trillion in passively managed assets
http://www.wsj.com/articles/jack-bogle-the-undisputed-
champion-of-the-long-run-1472855372
https://gcalhoun.files.wordpress.com/2016/09/16-09-01-
wsj-happy-birthday-to-the-index-fund.pdf
30. New FAFSA Timeline
• Free Application for Federal Student Aid (FAFSA)
• Can file as early as October 1 instead of next year
• Can use actual income tax data instead of estimated
data from returns not yet filed
• May get earlier financial aid offers from colleges
• Take-aways:
– Submit FAFSA as early as possible
– Realize capital gains on assets before January 1 of
student’s sophomore year of HS to avoid having money
count as income
• http://www.kiplinger.com/article/college/T042-C000-S002-new-strategies-to-
get-more-financial-aid.html
32. Social Security
Social Security Feature 2017 2016
Maximum Taxable Earnings $127,200 $118,500
Quarter of Coverage $1,300 $1,260
Earnings Limit (for benefits < FRA) $16,920 $15,720
Maximum Social Security Benefit $2,687 $2,639
0.3% COLA for Social Security beneficiaries in 2017
https://www.ssa.gov/news/press/factsheets/colafacts2017.pdf
33. Health Savings Accounts
HSA Feature 2017 2016
Contribution Limit Self-Only: $3,400 (+ $50)
Family: $6,750
Self-only: $3,350
Family: SAME
Catch-Up Contribution $1,000 SAME
High Deductible Health
Plan (HDHP) Minimum
Deductibles
Self-Only: $1,300
Family: $2,600
Self-Only: SAME
Family: SAME
34. 2017 Retirement Savings Plan
Contribution Limits
• Increases in income phase-outs for IRA savers
• Increases in AGI limits for the saver’s credit
• Increase in overall defined contribution plan limit: up
to $54,000 (from $53,000 in 2016)
• SAME 401(k)/403(b)/TSP maximum contribution
limit of $18,000 for 2017
• Same $6,000 maximum catch-up limit
http://www.forbes.com/sites/ashleaebeling/2016/10/27/irs-announces-2017-
retirement-plans-contributions-limits-for-401ks-and-more/#6d21270556e2
35. Inflation-Adjusted Limits in 2017
• Standard deduction for singles up $50 to $6,350
• Standard deduction for couples up $100 to $12,700
• Standard deduction for heads of household up $50
to $9,350
• Maximum EITC of $6,318 (3+ qualifying children)
• Estate tax exclusion amount rose to $5,490,000 from
$5,450,000 in 2016
https://www.irs.gov/uac/newsroom/in-2017-some-tax-benefits-increase-
slightly-due-to-inflation-adjustments-others-are-unchanged
38. Next Gen Personal Finance
• Significant changes to several units
– Created new Types of Credit unit
– Revamp of Managing Credit unit revamp
• New Products:
– Question of the Day
– Data Crunches
– Interactive Library
– Forms and Statements (Coming Soon!)
• New Lessons: Entrepreneurship, Identity Theft and Philanthropy
• Expanded NGPF Assessment Bank with Pre and Post-Tests and 10 Questions
Per Lesson
• Launched Professional Development opportunities
– NGPF Summer Institute
– Professional Learning Community
– Q&A Forum
• Had 52 guests on the NGPF Podcast, including Barbara O'Neill!
39. NEFE
Evaluation Toolkit: http://toolkit.nefe.org/
The Evaluation Toolkit Manual was revised by the Claremont
Evaluation Center. The Financial Education Evaluation
Manual helps financial educators understand the purpose and
goals of evaluation and provides a basic overview of the
evaluation process.
CashCourse: https://www.cashcourse.org/
New CashCourse content in 2016:
• 5 CashCourse coursework modules translated to Spanish
• New Budget Wizard student budgeting tool
• 7 new articles on insurance, contributed by the NAIC
40. Jump$tart Coalition
Making the Case for Financial Literacy:
http://www.jumpstart.org/assets/files/Making_the_Case_2016_UpdateMay2016.pdf
41. Rutgers Cooperative Extension
High School Lesson Plans
• Risks and Benefits of Entrepreneurship (85k PDF)
• Compound Interest: Your Best Friend or Worst Enemy (106k PDF)
• Know the Score: Credit Score Modeling and Impacts (360k PDF)
• The Impact of Inflation (128k PDF)
• Monetary Transaction Tools (572k PDF)
• Civic Financial Responsibility (511k PDF)
• Insuring and Protecting Property Insurance (112k PDF)
• Comparing Insurance How Health Insurance Works (973k PDF)
• Values, Goals, and Financial Decisions (252k PDF)
• Spending Plan/Budget: Your Financial Road Map (112k PDF)
• Interest: The Cost of Borrowing Money (126k PDF)
http://njaes.rutgers.edu/money/
42. Curated Resource Lists
• Curated List of Videos:
https://www.slideshare.net/BarbaraONeill/resource-list-
personal-finance-videos
• Curated List of Learning Activities (Quizzes, Calculators,
Lesson Plans, and Infographics):
https://www.slideshare.net/BarbaraONeill/learning-activities-
for-financial-education-programs
• Curated list of Next Gen Personal Finance (NGPF)
Resources:
https://www.slideshare.net/BarbaraONeill/resource-listnext-
gen-pf-financial-education-resources
43. Resource List Blog Post
http://nextgenpersonalfinance.org/resource-lists-
financial-educators-courtesy-barbara-oneill-rutgers-
cooperative-extension/
44. Closing Quote
With apologies to Ben Franklin…
An investment in financial knowledge can lead to interest,
dividends, capital gains, and a financially secured life.
Go forth and spread financial knowledge!