Technology themed financial education workshop for financial educators

1. Thirty Terrific
Technology Teaching
Tools for Personal
Finance
Dr. Barbara O’Neill
Rutgers Cooperative Extension
oneill@aesop.rutgers.edu

2. What is Your Favorite
Personal Finance
Technology Tool?

3. Schools That Work For Kids:
Eric Sheninger
https://www.youtube.com/watch?v=mwrLVvORugw

4. 1. 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

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

6. 3. 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/

7. 4. Online Financial Quizzes
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

8. 5. 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

9. 6. 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/

10. 7. 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/
• Other?

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. 8. 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?

14. 9. 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

15. 10. “Whiteboard” Videos
• Health Insurance Terminology:
https://www.youtube.com/watch?v=MjRAgZ6DbZ0 and
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

16. Other Videos
• Student Loan Debt Videos (NGPF):
http://nextgenpersonalfinance.org/scared-straight-approach-to-
student-debt-a-documentary-playlist/
• Video Library (NGPF):
https://docs.google.com/spreadsheets/d/1RckAiip93mTezpq3bP
owVB1-eOY_LJy3RKe0fmVglyo/edit#gid=0
• Spendster (NEFE): http://www.spendster.org/

17. 11. 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?

18. 12. Pinterest Boards
• Students create new board or view existing boards
• Article: “5 Personal Finance Pinterest Boards to
Follow”: http://www.mnn.com/money/personal-finance/blogs/5-
personal-finance-pinterest-boards-to-follow

19. 13. 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

20. 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

21. 14. Facebook Posts
• Have students write Facebook messages
about personal finance topics
• Set up a class Facebook page
• Teacher serves as administrator of the page
• NJCFE grant project found increase in student
knowledge after class lessons involving
written social media messages

22. 15. 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 Hangout (combined with Twitter chat):
http://www.experian.com/blogs/news/about/holiday
-shopping-scams/

23. 16. Financial Fitness for
Life Curriculum
• Developed by the Council for Economic
Education: http://fffl.councilforeconed.org/
• “No Hassle” access
• 4 grade levels: K-2, 3-5, 6-8, and 9-12
• Can download visuals and activities online
• Web site also has links to related lessons
• Can also purchase materials (CD or book)

24. 17. Learning, Earning,
and Investing Curriculum
• Developed by the Council for Economic
Education: http://lei.councilforeconed.org/
• “No Hassle” access
• 21 lessons related to investing and wealth
accumulation
• Can download visuals and activities online
• Can also purchase materials (book)

25. 18. 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

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

27. Sample NGPF Activities
• Compound Interest: http://www.goorulearning.org/#collection-
play&id=1d7e659d-e36c-4e2c-a726-8a8e9a8c2991&folderId=8323a1bd-92e4-4790-84d9-
f504b511a95a&folderItemId=2237fd01-36bb-409c-b169-426428f9cb86&rid=7d00c737-19e8-
450e-94d1-f83828daf178
• What Credit Card Has the Lowest Interest Rate?:
http://www.goorulearning.org/#collection-play&id=f61c47a9-ec37-4255-b5bf-
a85b72d31d93&folderId=e64dd942-b147-4604-b3cb-866bc3fd1ab1&folderItemId=3cbaada4-
9995-4b1b-8e7b-1ad74b66f151&rid=3552a22e-de6b-4c3a-a2cc-d8f537aec7a0
• Analyze a Stock Fund:
https://docs.google.com/document/d/1L3bcBt8LeOYh1iVmvtBRZXNSGADuZqv9qdbLSjC6rYo/edit
• Consult Your Future Self:
http://financiallycapable.org/2015/03/27/activity-before-you-make-that-decision-
consult-your-future-self/

28. 20. Hands On Banking
http://www.handsonbanking.org
• Free downloadable instructor guides
• English and Spanish language; variety of target
audiences (military, seniors, teens, kids)
• Lessons include video and audio clips

29. 21. 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?

30. 22. 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

31. 23. 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/

32. 24. Financial Education
Songs
• You Ain’t Saved Nothin’ Yet (NGPF):
http://nextgenpersonalfinance.org/you-aint-saved-
nothin-yet-a-credit-card-classic-rock-parody/
• It’s a Habit Online (Sammy Song Club
YouTube Channel):
https://www.youtube.com/user/itsahabitonline

33. 25. Shark Tank®
Activity
• Ask students to watch three televised Shark Tank®
television programs or online YouTube videos (Search
“Shark Tank” on https://www.youtube.com/)
• Have them complete the worksheet:
http://www.slideshare.net/BarbaraONeill/shark-tank-
lessson-learning-activity
• Debrief and discuss in class

34. 26. 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

35. 27. 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

36. 28. High School Student
Budget Worksheet
(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

37. 29. Money Matters Pro
• Financial education lessons created for NY
Public Library staffers
• Includes slides with speaker notes, handouts,
online videos, PowerPoint games, etc.
• Free and easily downloadable
https://sites.google.com/a/nypl.org/money-matters/

38. 30. Hard Core Financial
Education Boot Camp
• http://njaes.rutgers.edu/money/bootcamp/
• Three videotaped subject matter training
sessions
• Copies of PowerPoint slides
• Interviews with NJ teachers and facilitators

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. Comments? Questions?
Additional Resources?
Teaching Tip on an Index Card: Describe one thing that
you learned today that you plan to use in your classroom