My name is Taylor Kothe. At the moment I’m in my senior year at Oral Roberts University in Tulsa, Oklahoma. I’m looking forward to getting my BS in Accounting, MBA, and CPA’s license in the next two years or so. I’m passionate about financial literacy and see it as one of the greatest needs of my generation- we simply don’t know what to do with our money. We don’t control it, but are controlled by it instead.
So that’s what this blog is about. For a year or two now I’ve been itching to voice thoughts and tips on personal finance and business topics, and it’s my hope that this blog will give me a way to reach out and help educate people on how to handle their personal finances. Some of my content will be based on the Bible, and I’ll state up front that I’m a Christian and thankful to be so. However, the purpose of this blog isn’t evangelism. Money is one of the most common topics addressed in the Bible, and what it has to say about it is valuable to anyone regardless of their faith or background. It’s my hope that you’ll take those nuggets as they’re intended: as wisdom and common sense passed down through the centuries.
Now, just a bit more background and I’ll sign off for the night: I’ve had the good fortune to be relatively unaffected by the recession of the last five years or so, at least financially. My parents didn’t lose jobs or our home, which’s great. But I did watch and take notice as people around me, throughout the U.S. and the rest of the world, fell into serious financial trouble. I was already interested in personal finance, and knew enough to realize that most of these people unknowingly fell into just a couple of very common mistakes. If they’d avoided them, if they’d known better, their families would be much better off than they are. But that was just it- they didn’t know. No one taught them how to handle money: not the schools, not their parents. Everyone passed the buck and it only ever stopped when it landed on the floor.
I don’t want that for my generation. There’s nothing sadder that could be said of us a hundred years from now than, “They made the same mistakes their parents did.” I rebel against that with everything I have. So it’s my hope that through this blog and others like it, I and any others out there who share this passion can step in and teach our generation what no one else would: how to rule their money and not be ruled by it.