Author Archives: ajkeown

Women Assume More Financial Responsibility, but Lack Confidence

To say the least, the world of personal finance is constantly changing.  There was a time when men largely assumed the responsibilities of personal finance – but today, the financial responsibilities that women take on continue to grow.  Unfortunately, their … Continue reading

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Mortgage Lengths – the Surprising Popularity of the 15-Year Mortgage

For most people, their home mortgage amounts to the most money they will ever borrow.  In Chapter 8 of Personal Finance, Turning Money into Wealth we look at “the mortgage decision” and lay out the steps you need to take … Continue reading

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Personal Finance in the News – A Depressing Look at the Job Market for New Grads

As you saw in Table 1.2 in Chapter 1 of Personal Finance, Turning Money into Wealth, your college major goes a long way toward determining your salary, but perhaps even more important, not only does it help determine your salary, … Continue reading

Posted in Ch. 1, Financial Planning Process, Ch.18, Financial Life Events, Personal Finance In The News | Tagged , , , , , , , , , , , , | Leave a comment

Personal Finance In the News: Affordable Care Act Upheld

Chapter 9 of the 6th edition of Personal Finance, Turning Money into Wealth, discussed the fact that more than two dozen states had joined in a lawsuit stating that the healthcare law was unconstitutional.  On June 28, 2012 the Supreme … Continue reading

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Class Discussion and Assignment: What We Spend Our Money On

Teaching Tip:  The Planet Money article, “What America Buys” is fascinating, and the side-by-side graph showing the spending differences between 1949 and 2012 are extremely interesting.  If you can project these onto the board in class, it’s a great place … Continue reading

Posted in Ch. 2, Measuring Financial Health and Making a Plan, Ch. 8, Home and Auto, Uncategorized | Tagged , , , , , , | Leave a comment

Discussion Topic: Who Pays Taxes in America?

Teaching Tip: This discussion can be developed based upon an out of class assignment (your students prepare to answer the discussion questions before class), or if you have access to the internet in class and can project the NPR Planet … Continue reading

Posted in Ch. 4, Tax Planning | Tagged , , , , , | Leave a comment

Heads Up to Students – An e-mail to Your Students: Dealing with Student Debt

If you’ve got student loans and you’re like most students, you try not to think about it.  But at some point you’re going to have to deal with them – and while that’s not going to be pleasant, there are … Continue reading

Posted in Ch. 6, Credit Cards, Ch. 7, Consumer Loans | Tagged , , , | Leave a comment

Class Discussion: The Downside of Student Loans

Teaching tip: There is a very good, short, three and a half minute video with the author of the article that can be played in class to begin a healthy class discussion.  It works well in particular is you have … Continue reading

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Class Discussion and Assignment: 100 Years of Spending

100 years can bring about a lot of change.  Let’s look a a couple of these changes: In 1901, the average family size was 4.9 people, by 2002-03 it was down to 2.5. In 1901 women made up one quarter … Continue reading

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Class Assignment and Discussion: The Money-Death Problem

The New Yorker has always been famous for it cartoons, and one of the best is a 2003 cartoon by Barbara Smaller that shows a husband talking to his wife, saying, “If we take a late retirement and an early … Continue reading

Posted in Ch.11, Investment Basics, Ch.16, Retirement Planning | Tagged , , , , , , , | Leave a comment