Why Financial Literacy Education Starts at Home
Episode Description
In this clip, Olivia S. Mitchell, Professor of Business Economics and Public Policy at the Wharton School, explains why early exposure to money habits matters for financial literacy education and how simple, real-world experiences can shape better financial decisions later in life.
ABOUT THE PODCAST Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.
#financialliteracy #personalfinance #financialeducation #financialliteracyforkids #wharton ----- The Wharton School of the University of Pennsylvania is committed to sharing its intellectual capital through Knowledge at Wharton, the school’s online business analysis journal.
Launched in 1999, Knowledge at Wharton offers free access to:
- Articles, podcasts, and videos highlighting Wharton faculty research and analysis of current business trends - Interviews with book authors from Wharton School Press - In-depth series of curated content like Wharton Executive Education’s Nano Tools for Leaders - A searchable database of more than 10,000 articles covering all aspects of business - A weekly newsletter that delivers Knowledge at Wharton insights directly to your inbox
Visit the Knowledge at Wharton homepage: https://whr.tn/3qUpSBE Subscribe to the Knowledge at Wharton YouTube channel: https://whr.tn/3DEAgAU
Brief Summary
Financial literacy starts at home, using practical methods to teach children money management.
Key points
- The Bank of Mom. A unique approach to teaching kids about finances using a spreadsheet.
- Start Financial Education Early. Financial literacy should begin at home, not just in school.
