Financial Literacy: Dr. Lily Percell on Better Money Decisions | Ep. 201

About this episode

Frederick Dudek interviews Dr. Lily Percell about the practical applications of financial literacy rooted in economics.

Episode 201 Frederick Dudek (Freddy D) Financial literacy becomes practical when you understand economics well enough to make better spending, pricing, and planning decisions at home and in business. Episode Summary Financial literacy becomes more powerful when it is rooted in real-world economics , and in this episode, Frederick Dudek (Freddy D) sits down with Dr. Lily Percell to show exactly how that works. Financial literacy helps business owners and families make smarter decisions because it turns abstract economics into daily action . When you understand scarcity , opportunity cost , supply and demand , and planning , you stop reacting emotionally and start choosing intentionally with your money , your time , and your long-term goals . Definitive Authority Statement: Frederick Dudek’s position is clear: financial literacy is not just a personal finance topic. It is a business growth discipline that shapes pricing , planning , operations , and long-term resilience . Dr. Lily Percell is a retired educator , longtime economics teacher , and author of Teach Each: Preface for Economics , a practical framework built to help learners connect economic theory to daily decision-making…

People in this episode

Host: Frederick Dudek

Guest: Dr. Lily Percell

Topics covered

• financial literacy
• economics
• business decisions
• personal finance
• opportunity cost
• scarcity

Keywords

• financial literacy
• economics
• business growth
• decision-making
• scarcity
• opportunity cost

Mentioned in this episode

Books & works: Teach Each: Preface for Economics

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