

My Town Hall Conversation With TPUSA Students and Treasury Secretary Bessent
Apr 29, 2025
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Episode notes
Financial Literacy Gap in Schools
- Financial literacy is a major failing because schools stopped teaching home economics and similar practical subjects.
- This gap leaves young people unprepared for managing budgets, saving, and investing effectively.
Smart Wealth Building Advice
- Young people should manage their personal finances carefully and understand their risk tolerance.
- Avoid excessive credit card debt and consider tax advantages like life insurance and home mortgages.
US Dollar Reserve Currency Importance
- The US dollar remains the world reserve currency due to strong economic policies and market stability.
- This status provides the US with low-cost borrowing and global financial influence, critical for economic and defense strength.