Financial Literacy in Schools: Why Early Education Matters

ABOUT THE EPISODE David Musto, finance professor at the Wharton School and Director of the Stevens Center for Innovation in Finance, speaks with Dan Loney about why teaching money skills early is essential. The discussion covers real-world decisions like payment apps, credit, and student loans, the importance of understanding Social Security as informed voters, and the long-term benefits of saving for retirement. Musto also highlights Wharton’s financial literacy course for high school students, and shares insights on negotiation, daily money management, and the need for financial awareness starting in middle school.

ABOUT THE PODCAST This Week in Business features interviews with Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School and published twice per week.

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