November 22, 2022
Lee Ann Hitchman, Partner and Professional Fiduciary of Hitchman Fiduciaries, Volunteers Her Time in a Local Financial Literacy Program
Partner and professional fiduciary, Lee Ann Hitchman of Hitchman Fiduciaries, dedicates her time to teaching young individuals about financial literacy.
Especially in uncertain economic times, the importance of educating next generations to achieve financial literacy cannot be overemphasized. Without adequate guidance, young people can easily fall into financial traps, causing them to face even more obstacles to achieve financial independence as they move through life.
For young people especially, it can be challenging to undo previous bad financial decisions, considering it can take years to get one’s finances back on track. Teaching youth about money at an early stage, gives them critically needed skills and knowledge to help them make smarter decisions, such as understanding long-term financial transactions like obtaining a mortgage or managing credit card debt.
Helping educate youth to achieve financial literacy is one of Lee Ann Hitchman’s key goals and passions in life. In her role as a licensed fiduciary, she interacts with families with young people who will soon be inheriting money from their parents. The dynamic that Lee Ann most often observes is young people are often clueless when it comes to finances. Financial support has often been generously provided, without any education about of the importance of budgeting, emergency planning, or the miraculous concept of compounding. Most young people today have no idea how they will achieve the “American Dream” or how to create a financial road map to get there.
Lee Ann’s passion is to help those who come to her trustee and fiduciary services firm by offering a professional and educational experience that can help throughout their lives. “I genuinely believe the more we can educate this younger generation, the more likely they will be financially independent and successful, and be stronger contributors to the workforce,” Lee Ann explained.
Being financially literate, helps younger generations in a whole host of other ways including wise investing strategies, successfully obtaining a mortgage, and staying out of credit card debt to produce greater wealth. If proper financial education is provided at an early stage in life, younger generations are more likely to make responsible decisions and have a better shot at their own “American Dream.”
To learn more about Lee Ann Hitchman and her local financial literacy program, call her at 949-200-9712 or email at LeeAnn@hitchmanfiduciaries.com.