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David Nelson

Dr. David Nelson founded Western’s Center for Economic Education in 1978. Pamela Whalley, president of the Washington Council on Economic Education, has been with the center since 1986. The Center for Economic Education administers the Financial Fitness for Life program, which was developed jointly in 2001 by Bank of America and the National Council of Economic Education and is offered throughout the state.

Financial Fitness for Life

Can your kindergartner practice money management at the grocery store? Can your fourth grader help pay monthly bills? Can your seventh grader use cost/benefit analysis to help select the family’s next car? Can high school seniors learn to avoid the credit card trap? Can your child really become a millionaire? Economics department chair David Nelson and economics lecturer Pamela Whalley believe they can, and should. They will show, through age-appropriate exercises, how you can start your child on the path to a life of financial fitness.

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