Thank you for your interest in Smart Family Finance. You’ll find that we probably have a lot in common.
I’m a: dad, husband, homeowner, working professional, taxpayer, debtor, amateur investor, entrepreneur and procrastinator that placed too many priorities above my family’s personal finances for too long.
I wasn’t always a procrastinator when it came to family finance. There was a time where I pursued personal finances very seriously. I took advantage of easy, money-making opportunities and made some good long-term decisions. But, life became more complicated as I aged. I became a dad, started going back to school for my MBA in Accounting to get a CPA, took up blogging and started a time-monopolizing effort to remodel an entire floor of my house…by myself (working on it for 3 years and still counting). None of these life-changing events or time consuming activities were bad things, but managing a difficult life schedule meant family finance received only the attention that it necessitated. In short, the bills were paid by the due date or first late payment call.
I confess a great deal of shame and guilt in my family finance neglect. The largest reason for my embarrassment is that I should know better. I’ve loved working on finances since my childhood when I’d count my glass, snoopy bank every week. As a high school teenager, I started an online computer business that sold parts retail. My love of working with money led to undergraduate degrees in business and economics. I became a tutor for economics, finance and accounting students. My desire to teach others about money provided me with an opportunity to teach a college economics review course for credit.
After graduation, I went to work in the mortgage industry and specialized in property tax research. I know more about escrow and paying property taxes, than I’d care to admit. Promotions led me into management and process outsourcing, which was challenging but surprisingly rewarding. I’ve never seen direct reports so excited about job training until I began working with Indian representatives.
I may have enjoyed process management, but it took me away from my passion for finance. I took a title demotion in exchange for a foothold position in commercial credit. Now I’m working in corporate finance where all day long I analyze company’s financial statements, instigate numerous debits and credits on the general ledger and negotiate with CFOs. More recently, I took up paid writing for eHow Business and Personal Finance.
Yet, while I spent at least 40 hours a week working with someone else’s money and made supplemental income telling others how to manage their finances. I was alarmingly disconnected with my own family’s finances. I was a financially smart individual making a poor decision to be ignorant about my own finances.
When my daughter reached her toddler years, I realized that I was going to be the one responsible for teaching her how to make good decisions about her education, career, money and finances. How could I be the teacher and role model she needed, when I wasn’t even in control of my own finances?
I decided blogging at Smart Family Finance would be my ticket to turning my situation around while doing what I love to do; sharing information with others about how they can better manage their family’s finances. In only the first week of blogging, I’ve reviewed my family’s financial opportunities for this year and have found nearly a dozen ways to make and save money for my family.
I hope that you will stop by often to see how I’m doing and if I’m doing my job right, learn a few tricks that help you become smarter about family finance.