On this week’s episode of FinCap Friday: A Financial institution Run is No Enjoyable, we clarify why Silicon Valley Financial institution imploded final week and describe what causes a financial institution run to happen within the first place. Silicon Valley Financial institution was the second largest financial institution failure in U.S. historical past, so no marvel it was such a giant deal! Academics in all places acquired questions from college students about what precisely brought on the financial institution to break down and whether or not it is one thing they need to be involved about. We’re switching issues up this week and sharing a quick explainer video from the WSJ this week.
Observe: We hosted a pop-up digital PD this week on this topic and will probably be modifying that dialog and releasing shortly.
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Different NGPF sources on this matter:
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REMINDER: Right now is the deadline for Spherical 3 of NGPF’s FinCap Friday Frenzy Contest!!!
By merely enjoying FinCap Friday in the present day, your class can enter for an opportunity to have a digital visitor go to from Yanely, the host of FinCap Friday, plus win a classroom set of her new guide, Thoughts Your Cash (to be revealed quickly!) – and we’ll even throw in a category pizza celebration!
About
the Authors
Tim Ranzetta
Tim’s saving habits began at seven when a neighbor with a damaged hip gave him a canine strolling job. Her restoration, which took nearly a 12 months, resulted in Tim attending to know the financial institution tellers fairly effectively (and accumulating a financial savings account stability of over $300!). His latest entrepreneurial adventures have included driving a shredding truck, analyzing government compensation packages for Fortune 500 corporations and serving to households make higher faculty financing choices. After volunteering in 2010 to create and train a private finance program at Eastside Faculty Prep in East Palo Alto, Tim noticed firsthand the influence of an interesting and activity-based curriculum, which impressed him to begin a brand new non-profit, Subsequent Gen Private Finance.
Yanely Espinal
Born and raised by Dominican, immigrant dad and mom in Brooklyn, Yanely is a proud product of NYC public faculties. She graduated from Fiorello H. LaGuardia Excessive College in 2007 earlier than happening to obtain her bachelor’s diploma at Brown College in 2011. As a Educate For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She obtained her grasp’s diploma from Relay Graduate College of Schooling in 2013. She spends her spare time making YouTube movies about private finance on her channel, MissBeHelpful. Yanely additionally loves to bop, sew, paint, hearken to podcasts, and babysit her 10 nieces and nephews!
On this week’s episode of FinCap Friday: A Financial institution Run is No Enjoyable, we clarify why Silicon Valley Financial institution imploded final week and describe what causes a financial institution run to happen within the first place. Silicon Valley Financial institution was the second largest financial institution failure in U.S. historical past, so no marvel it was such a giant deal! Academics in all places acquired questions from college students about what precisely brought on the financial institution to break down and whether or not it is one thing they need to be involved about. We’re switching issues up this week and sharing a quick explainer video from the WSJ this week.
Observe: We hosted a pop-up digital PD this week on this topic and will probably be modifying that dialog and releasing shortly.
————————
Different NGPF sources on this matter:
————————-
REMINDER: Right now is the deadline for Spherical 3 of NGPF’s FinCap Friday Frenzy Contest!!!
By merely enjoying FinCap Friday in the present day, your class can enter for an opportunity to have a digital visitor go to from Yanely, the host of FinCap Friday, plus win a classroom set of her new guide, Thoughts Your Cash (to be revealed quickly!) – and we’ll even throw in a category pizza celebration!
About
the Authors
Tim Ranzetta
Tim’s saving habits began at seven when a neighbor with a damaged hip gave him a canine strolling job. Her restoration, which took nearly a 12 months, resulted in Tim attending to know the financial institution tellers fairly effectively (and accumulating a financial savings account stability of over $300!). His latest entrepreneurial adventures have included driving a shredding truck, analyzing government compensation packages for Fortune 500 corporations and serving to households make higher faculty financing choices. After volunteering in 2010 to create and train a private finance program at Eastside Faculty Prep in East Palo Alto, Tim noticed firsthand the influence of an interesting and activity-based curriculum, which impressed him to begin a brand new non-profit, Subsequent Gen Private Finance.
Yanely Espinal
Born and raised by Dominican, immigrant dad and mom in Brooklyn, Yanely is a proud product of NYC public faculties. She graduated from Fiorello H. LaGuardia Excessive College in 2007 earlier than happening to obtain her bachelor’s diploma at Brown College in 2011. As a Educate For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She obtained her grasp’s diploma from Relay Graduate College of Schooling in 2013. She spends her spare time making YouTube movies about private finance on her channel, MissBeHelpful. Yanely additionally loves to bop, sew, paint, hearken to podcasts, and babysit her 10 nieces and nephews!
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