In this episode of The WPI Podcast, we explore why sticking with your money goals is harder than it seems.
Alexander Smith, associate professor in the Department of Social Science and Policy Studies, explains how personal finance is deeply influenced by behavioral economics, or the psychology of decision-making. He describes how emotions and a focus on short-term goals can make it hard to follow a long-term financial plan, and how commitment devices and tapping into motivation can help.
Smith outlines six essential rules for building wealth and shares why financial self-awareness is just as important as financial literacy.
Aedan Bingham, a student majoring in robotics engineering and economics, also shares his findings from a research project that surveyed college students about what they know and want to know about personal finance.
The pair discusses how this research is helping to empower students with knowledge about topics including saving, investing, taxes, and credit.
Related links:
Alexander Smith’s personal finance website, Follow The 6
“What WPI Students Know about Personal Finance,” by Aedan Bingham
In this episode of The WPI Podcast, we explore why sticking with your money goals is harder than it seems.
Alexander Smith, associate professor in the Department of Social Science and Policy Studies, explains how personal finance is deeply influenced by behavioral economics, or the psychology of decision-making. He describes how emotions and a focus on short-term goals can make it hard to follow a long-term financial plan, and how commitment devices and tapping into motivation can help.
Smith outlines six essential rules for building wealth and shares why financial self-awareness is just as important as financial literacy.
Aedan Bingham, a student majoring in robotics engineering and economics, also shares his findings from a research project that surveyed college students about what they know and want to know about personal finance.
The pair discusses how this research is helping to empower students with knowledge about topics including saving, investing, taxes, and credit.
Related links:
Alexander Smith’s personal finance website, Follow The 6
“What WPI Students Know about Personal Finance,” by Aedan Bingham
In this episode of The WPI Podcast, we explore how a group of Worcester Polytechnic Institute students are making a global impact and connections with a community in Ecuador. As part of a multiple-year project, WPI’s student chapter of Engineers Without Borders USA spent a week in May 2025 working with residents in Shungubug Grande to upgrade their aging water system and address water quality challenges.
Sophia Gross writes about the experience for an article in WPI Journal, the university’s magazine. Gross and Sarah Gardner, both members of the student organization, join the podcast to reflect on their time in South America, the extracurricular project that allowed them to exercise their engineering and problem-solving skills for the enhancement of society, the lasting memories they made with community members, and what it was like to document the trip for the magazine in writing and photos.
Also, Kris O’Reilly, editor of WPI Journal, shares a preview of other stories you’ll find in the Fall/Winter 2025 issue of the magazine.
Related links:
WPI Student Chapter, Engineers Without Borders USA
Instagram: WPI Student Chapter, Engineers Without Borders USA
WPI Journal, “Engineering a Cultural Connection,” by Sophia Gross