About the Author
Hello! I’m Ryan. I’m a CERTIFIED FINANCIAL PLANNERTM professional and a Oregon licensed Certified Public Accountant. I live just outside of Portland, Oregon. I enjoy spending time watching my kids’ sporting events, exercising, practicing jiu jitsu, and reading about all things financial planning. Over the last twenty years I have been the chief financial officer for several companies and had my own tax and financial planning firm. Currently, I’m writing a book for tweens about money.
About this Blog
My goal with this blog is to offer parents helpful advice on how to raise money savvy kids. However, I’m always thinking and reading about personal finance so I will from time to time also post about other topics I think you might find interesting.
I have two kids of my own and teaching them good financial habits is a priority for me. As I’ve discovered, teaching these lessons to your kids is not always easy. Surprise! They often don’t want to listen to us(because we don’t know anything right?). They also have lots of other negative influences about money. For example, all the commercials they see on TV to buy this toy and that gadget, that friend whose parents buy them every new shiny thing, peer pressure from classmates, etc. More often than not, I seem to be helping them learn the lessons themselves through doing. Considering my background in finance, it seemed to me that if I had trouble figuring out how to teach my kids these lessons then likely others were finding it difficult too. So that’s why I started this blog.
It is vitally important that our kids have a good understanding of basic financial concepts. They need them to succeed and thrive in the world today. Unfortunately, this topic is not well covered in schools.
These important skills (or lack of) will have an enormous impact over the course of their lives. Habits they learn early will become the building blocks for decisions they will make in their late teens, 20’s, 30’s and beyond. Smart decisions such as beginning to save early can offer big rewards later in life. In addition, an understanding of the dangers of consumer debt can prevent them from making mistakes that could haunt them for years.
Our children have a HUGE asset on their side called TIME. If they begin practicing good habits of saving and investing early in life they will have many advantages over starting later. Knowing how to live within their means combined with having money saved will offer them much more freedom in life. They will be able to buy a house sooner. They can avoid living paycheck to paycheck stressing about what will happen if they lose their job. They will be able to deal better with the inevitable bumps in the road that life throws at you and they will be able to retire earlier.
This is something I’m very passionate about. These are some of the most important basic skills that everyone needs to have.