Category Archives: Audio Resource

Audio Resource: What Role Does Fear Play In Investing?

From Marketplace (5 minute interview):

Here are the questions covered in this interview with a psychology professor:

  • What happens in brain when fear hits (e.g., when stock market drops 1,000 points as it did last week)?
  • How do different people process the fear stimuli?
  • Is our fear response innate or can we teach people to develop a higher tolerance for pain?
  • How does fear impact our decision-making?

You might ask students where they fit on the “fight or flight response” continuum and how they might react to a 1,000 drop in the stock market.

Audio Resource: Want To Bring A Bank To Your School?

From Iowa Public Radio (45 minute podcast):

Financial literacy has been required as a part of the 21st-Century Skills portion of the Iowa Core for years. But specifics on enforcing the standard are fuzzy, so personal finance and economics classes vary wildly district to district.

Bob Mantell is the director of the T.S. Institute, an organization dedicated to financial literacy for K-12 students, that’s based in Treynor, a southwestern Iowa city of about 1,000 people. His organization puts banks in schools so that kids can get first-hand experience with money. Some kids serve as tellers, others deposit money in a savings account.

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Check out the NGPF Activity on Online Banking

NGPF Podcast: Tim Talks With Dottie Vollmer, Peer Financial Educator at Indiana University

Thank you to Dottie Vollmer, a Peer Financial Educator, for sharing her expertise with our educator community in this recent podcast (duration: 17 minutes).  Dottie counsels college students as a member of the MoneySmarts team at Indiana University.  In this podcast, she shares what she has learned in her work with college students on budgeting, student loans and credit cards and answers such questions as:

  • What are the biggest misconceptions about money that college students have?
  • What budget items do college students have the most difficulty cutting?
  • What do you know now that you wish you knew in high school?

Show notes: Continue reading

Audio Resource: What’s Wrong With Dow Jones Index?

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18 minute Planet Money podcast from this spring. Provides students with a better understanding of how the Dow Jones index is calculated and constructed and its shortcomings vs. S&P500 and Wilshire 5000 indices.  Good supplemental resource to use during your investing unit.

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Check out the NGPF Investing Activity focused on Asset Allocation using Excel

How Can Money Buy Happiness?

This NY Times article about a shift in consumer attitudes caught my eye after I had just posted a recent lecture from Harvard professor, Michael Norton.  In it, he shared his research which found that people found greater happiness from buying “experiences” rather than things.  The NY Times article highlights the challenging environment that retailers find themselves in now with the culprit being… Continue reading