The Idea

Hello. We’re glad you’re here. The idea for this project came to us early in year 2016. We wanted to learn front-end programming languages and we wanted to have a place to practice our newly acquired skills. As we were looking for inspirations and possibilities, we decided to start a website. What better way to learn programming and web designs than running our own website, right?

Next, we had to figure out what we wanted the website to be about. In our household, we talk about money and our financial situation daily. It’s our mutual topic of interest. What is it about money that we want to share with the world and that we can also benefit from while researching and writing on the topic?

Our Hopes

We’ve done well financially for ourselves. Being able to achieve financial independence while in our 30s and having the freedom to live the life we want (I write about this here), naturally, we want to transfer these skills and knowledge to our daughter. We want our daughter to grow up and be financially competent. This is not about her becoming wealthy (of course we like to think wealth should be a natural evolution if she lives by certain wealth building and wealth preservation principals). We want her to learn the financial language, find out what’s financially possible for her and become a champion managing her personal finances. As an adult, we want her to be making smart, well-informed financial decisions and live a financially healthy life.

We certainly have lots of things we wish for her, such as having excellent health, building meaningful relationships and pursuing her dream work. Equipping her with the knowledge and skills so that she will become a financially confident adult is definitely a high priority on our parenting plan. We have some ideas of how we want to execute this plan and what success might be like, but we have a lot of research to do. And we want to document and share our findings, trials and successes on this website.

Many Questions As Parents Often Do

We like to think we’re not the only parents who are interested in raising financially competent children. If that’s also you, I’m sure you have a lot of questions. Where do you begin? What activities and instructions are developmentally appropriate? What developmental domains are associated with financial competence learning? Is the activity based on research? How do you go about encouraging active exploration and experimentation? How do you track progress? When is a good time to move on to the next activity? What’s next? Where do I go to find the resources I need to help my child and I succeed? How can I instill in my child a love of learning that will last a lifetime?

We don’t have the answers to a lot of those questions as we are starting out, but we are on a mission to find out. If you’re interested in raising financially confident kids, if you want your kids to grow up and be free of financial stress, we invite you to follow and learn along. If you have a successful story to share, we want to hear from you. If you are struggling in an area with your child, we want to hear from you. If you have a great resource to share, we want to hear from you. If you have a question, let’s see how we can help and learn together.

What You Can Expect

Our daughter is currently 2-years old. Many of our posts will follow her developmental progression. With that said, we will occasionally post topics that are relevant in middle childhood, early adolescence, late adolescence and young adulthood. As time goes by, we will cover all stages of development from ages 2 to 21.

We believe in financial literacy education, and we believe in starting early. We believe our world will be a better place for our kids when more people live a life free of financial stress. What might this life look and feel like? (I wrote about it here). We believe in working together to achieve this vision. We hope you will join us.

 

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“Financial education is the process by which individuals improve their understanding of financial products and concepts; and through information, instruction and/or objective advice develop the skills and confidence to become more aware of financial risks and opportunities, to make informed choices, to know where to go for help, and to take other effective actions to improve their financial well-being and protection. Financial literacy is the combination of consumers’/investors’ understanding of financial products and concepts and their ability and confidence to appreciate financial risks and opportunities, to make informed choices, to know where to go for help, and to take other effective actions to improve their financial well-being.”–Organization for Economic Co-operation and Development

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