Teaching Personal Finance
The Teaching Personal Finance conference was held at SIEPR on September 29th, 2022. This conference is part of the Financial Freedom Initiative, which is a joint effort of GSB, Economics and SIEPR. The Financial Freedom Initiative was funded by the Charles Schwab Foundation. The conference was co-organized by Michael Boskin, Annamaria Lusardi and John Shoven. People from a diverse set of colleges and universities participated including Smith College, William and Mary, Harvard, Yale, University of Central Florida, Loyola of New Orleans, Stanford, Berkeley, Arizona, Indiana, UCLA, Delaware State, and North Carolina State. The goal of the conference was to form a community of scholars interested in teaching personal finance and financial literacy. We also hope to increase the number of students nationwide who have access to such a course.
Thursday, September 29, 2022
Welcome remarks from Jonathan Levin, Dean of Stanford GSB
Introductory remarks from Michael Boskin, John Shoven, and Annamaria Lusardi
Session 1: New Courses in Personal Finance
This session will discuss recently started courses, the initial responses these courses received, and plans for the future.
John Campbell, Department of Economics, Harvard University
James Choi, Yale School of Management
Terrance Odean, Haas School of Business, UC Berkeley
Kathleen McGarry, Department of Economics, UCLA
John Shoven, Stanford University
Session 2: Teaching Personal Finance in Medium and Large Classes
This session will discuss courses taught in medium/large classes, the experience over time from these courses, and how we can extend teaching personal finance to a large number of students at more colleges and universities.
Michael Staten, College of Agriculture and Life Sciences, University of Arizona
Joseph Fitter, Kelley School of Business, Indiana University
Paul Gregg, College of Business, University of Central Florida
Michael Boskin, Stanford University
Session 3: Teaching Personal Finance in Small Classes
This session will discuss courses taught in small classes, to honors students, and to female students.
Gustavo Barbosa, College of Business, Loyola University New Orleans
Bento Lobo, Gary W. Rollins College of Business, University of Tennessee at Chattanooga
Mahnaz Mahdavi, Smith College
Timothy Taylor, Managing Editor, Journal of Economic Perspectives
Session 4: Sharing Insights from Teaching Personal Finance
This roundtable will discuss insights from courses taught to a diverse group of students.
We will also hear from authors who wrote textbooks on personal finance.
Nandita Das, Delaware State University
Vickie Bajtelsmit, College of Business, Colorado State University
Robert Clark, North Carolina State University
Melissa Hart, North Carolina State University
Olivia Mitchell, The Wharton School, U Penn
Session 5: Other Experiences
This session addresses a variety of topics including teaching personal finance in high school and the military, global initiatives on financial literacy, and learning from online teaching.
Patrick Jenkins, Financial Times, FT Financial Literacy and Inclusion Campaign
Tim Ranzetta, Next Gen Personal Finance
Margaret Miller, The World Bank
William Skimmyhorn, College of William and Mary, formerly at the U.S. Military
Academy at West Point
Peter DeMarzo, Stanford GSB
Annamaria Lusardi, The George Washington University
Concluding remarks from Michael Boskin, Annamaria Lusardi, and John Shoven