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Podcast 112: Megan Wurm, Money Matters Ambassador

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Today’s guest on the Consumerism Commentary Podcast is Megan Wurm, the 2011 teen ambassador for the Money Matters: Make it Count program operated by the Schwab Foundation and the Boys & Girls Clubs of America.

Flexo joins Bryan on this follow-up to Episode 100, when Carrie Schwab-Pomerantz introduced us to the program which Megan won, granting her a $5,000 scholarship for college. Even more impressively, Megan was able to take the skills she learned and save up enough for a car and an iPad.

Megan even got to meet Senator Harry Reid and tour the east coast to help promote financial literacy.

Flexo, Bryan and Megan also discuss findings from the Schwab Foundation’s 2011 Teens and Money Survey.

Consumerism Commentary Podcast #112
Megan Wurm, Money Matters Ambassador: S05E08 / 138

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Table of contents

[00:00] Introduction from Bryan J Busch
[00:35] Interview with Flexo and Megan Wurm
[00:57] Money Matters
[02:03] Megan’s role as ambassador
[03:18] Financial priorities change from age 14 to 18
[05:30] How Megan taught herself and her parents how to budget
[07:22] Spending with a debit card
[08:19] How adults can reach teens about money matters
[09:59] Teens know less than they think they now
[11:41] Naturally inclination to spend more?
[12:42] Having a job and trying to save for college
[13:18] Megan’s overall plan to pay for college and books
[15:11] Mobile phone family plans
[15:54] Advice for teens and their parents who want to learn about money management
[18:13] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

Theme music by Mindcube.

Published or updated June 10, 2011. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 4 comments… read them below or add one }

avatar wylerassociate ♦162 (Cent)

this was an enjoyable podcast, megan is an intelligent girl who clearly has a promising future ahead of her. It’s not just teens who think they know more than they really do, many adults fall into the same category. It’s just a shame that americans don’t spend more time reading and learning instead of watching cable news or reality television.

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avatar Cejay ♦1,521 (Half-Dollar)

Love the podcasts. So nice to see a teenager with an eye for saving money. It seems that she still gets to do the things she likes and does not feel deprived.

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avatar shellye ♦107 (Cent)

Great podcast. She seems like she has a really bright future headed her way.

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avatar skylog ♦368 (Nickel)

i said it then, and i will sat it again, there needs to be more and more of these programs/classes..etc..i n this country and the world. while megan may be the extreme, i could only imagine how better off this country would be if people just had a little more personal finance knowledge.

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