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How to Money

A Game Changing Approach to Financial Education with Dan LaSalle #098

How to Money

iHeartPodcasts

Education, Investing, Business

4.63.2K Ratings

🗓️ 24 June 2019

⏱️ 58 minutes

🧾️ Download transcript

Summary

So many of us grew up without any sort of formal or informal education about personal finance. Few states offer a personal finance course in their public schools and even fewer participate in any sort of standardized testing for the courses they do offer. That’s why we’re really excited to have Dan LaSalle join us for this episode. Dan saw a need for this type of education in the high school where he was teaching and four years ago he took it upon himself to create a personal finance program that not only teaches students the importance of budgeting, saving, and investing, but also gives them the opportunity to earn up to $5,000 a year, and put that money into a bank account of their own. We truly believe that this kind of approach could be the future of financial education!

During this episode we enjoyed a Happy Trees by ANXO which you can find on Untappd. A big thanks to good buddy Andrew for donating another tasty beer cider to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts, Castbox, or wherever you get your podcasts- we’d love to hear from you.

Best friends out!

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Transcript

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0:00.0

On Queen Charlotte, the official podcast, we're stepping behind the scenes and the drawing boards of this team to experience the life

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breathes into the Bridgerton prequel, listen to the Leap's executive producer and series director Tom Verica took to capture the feeling that puts that lump in your throat.

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And you've got to catch creator Shonda Rhymes. She's dropping gems, diamonds, and mics.

0:24.0

You can listen to Queen Charlotte, the official podcast every Thursday on the iHeart Radio app, Apple Podcasts, or anywhere you listen to your favorite shows.

0:33.0

Check out the Your Financial Maven podcast where we need to change the way we think about money, our understanding of it, and the effects.

0:42.0

I'm Samantha Mittman-Besnov, CPA, and I have spent over 25 years in the accounting field.

0:47.0

The Your Financial Maven podcast will touch on things like saving and budgeting, and really anything around money to help you feel financially empowered.

0:55.0

Listen to the Your Financial Maven podcast on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts.

1:03.0

Our 20s are often seen as this golden decade. Our time to be carefree, make mistakes, and figure out our lives.

1:10.0

But what can psychology teach us about this time? I'm Gemma Speg, the host of the Psychology of Your 20s.

1:17.0

Each week we take a deep dive into a unique aspect of our 20s, from career anxiety, mental health, heartbreak, money, and much more to explore the science behind our experiences.

1:29.0

The Psychology of Your 20s hosted by me, Gemma Speg.

1:33.0

Listen now on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts.

1:41.0

Welcome to How To Money. I'm Joel, and I'm Matt.

1:44.0

And today we're talking about a game-changing approach to financial education with Dan LaSalle.

1:50.0

Joel, every week we talk about personal finance and one of the biggest reasons we talk about and share lessons about money is because most people have never had any sort of formal education when it comes to

2:05.0

their personal finances. Only 17 states, including DC, require a personal finance course to be taken. And of those, only seven states participate in a standardized test for that course.

2:15.0

It's unfortunate, but most states don't have a fun and robust personal finances.

2:21.0

Yeah, that's lame. Yeah, it sucks. For that reason, we're really excited to have Dan LaSalle join us for this episode.

2:42.0

Four years ago, as an English teacher, Dan started a personal finance program that not only teaches students the importance of budgeting, saving, and investing, but also gives them the opportunity to earn up to $5,000 a year and put that money into a bank account of their own.

2:57.0

He has created an innovative course that is truly changing the lives of the students enrolled.

3:02.0

Joel, it's also worth noting that Pennsylvania doesn't require financial literacy as well. Like they're one of the states that's not included. That really makes this even more impressive.

...

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