Using Economic Reasoning for Better Personal Financial Decisions

Scott Wolla

Open Vault from Federal Reserve Bank of St. Louis

Abstract: Teaching economic reasoning boosts financial literacy, helping students make smarter personal finance decisions using tools like the ‘PACED’ model.

Keywords: financial literacy; economic reasoning; decisionmaking; personal finance (search for similar items in EconPapers)
Date: 2026-04-08
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:103014

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