Answer: Cash

Here's the leaderboard as of 8/2/18 (from SimilarWeb):

Questions: 

• Do you have financial apps on your phone?
  • If so, which do you use most often?
  • If not, why not? 
• What are the pros of cons of using your mobile phone to manage your bank account?

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (from Quartz):

As more payments take place electronically and bank branches slowly disappear, your mobile phone is an increasingly important piece of financial real estate. Square’s lofty app ranking suggests the battle over your home screen presents an opportunity for upstarts taking on the established financial players.

The San Francisco-based firm’s Cash App has shot up Apple’s App Store finance rankings, while JPMorgan’s Chase app has drifted lower in recent years, according to data compiled by Apptopia. PayPal and Venmo are also near the top of the chart.

-----------

Give your students an opportunity to manage their bank account online using the NGPF OnlineBank Simulation. 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.