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In this episode you’ll listen to lesson 1 from the Personal Finance course of the Ron Paul Curriculum. This course is taught by Wofford College Economics Professor Timothy Terrell, PhD.

Personal Finance Course Overview

Teens do not have confidence in their ability to handle their finances and their time, and this course is directed at changing that. Instead of working without goals, students will learn how to develop goals and achieve them. Instead of habitually over-spending, students will learn the techniques of managing their finances with longer-term goals. Instead of thinking about how to spend resources they did not earn, students will learn how to imaginatively create wealth. Instead of joining the 30% percent of student loan borrowers who are delinquent on their payments (and that’s not counting those in deferment or grace periods), students will learn to avoid debt traps.

In this 36-week course, students complete daily reading assignments and watch a video commentary on Monday through Thursday. Friday’s video will review the previous four lessons. The student will be expected to write a short essay on Friday about the main topic of the week.

You can click here to learn more about this course and the Ron Paul Curriculum.

About the Instructor

Ron Paul Curriculum personal finance timothy terrellDr. Terrell has been a professor of economics at Wofford College since 2000. His courses include personal finance, principles of economics, American economic history, public finance, and the economics of regulation.

Dr. Terrell is assistant editor of the Quarterly Journal of Austrian Economics and is an Associated Scholar with the Ludwig von Mises Institute in Auburn, Alabama. He is a senior fellow with the Cornwall Alliance for the Stewardship of Creation.

Timothy Terrell lives in Spartanburg, South Carolina with his wife and family.

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