Why I Started BTG: Part 1- Helping People

Part 1 - Helping People - Part 2 - What College Has Taught Me - Part 3 - Money

If you are looking for more information about BTG’s founder, statement of core values, and our use of green web hosting, please read the About BTG page!

But I’m here to answer, in detail, a specific question: Why did I start Bridging The Gaap? There are four reasons, listed in order of importance:

1) To help people
2) To compliment my education
3) To give prospective employers/ clients incite into my competencies
4) Money

1) BTG Was Created To Help People
BTG and I have a goal: to raise the standard of living of every person on the planet. It’s a slow goal, but it’s off to a good startI see this goal being achieved via education. Though relatively protected by my youth and my country’s regulatory laws, the credit crisis/savings fiasco in the United States has impacted me deeply, fundamentally. This was the first time I had lived through a period of economic turmoil that I was old enough to be aware of.

And what I became aware of, I didn’t like. It is a gross oversimplification to say our current economic woes are due to ordinary people, either coerced or tricked into making an extraordinarily bad decision, but I saw each individual sub-prime loan as the first step in a chain reaction that would rock the global economy.

So why not stop the chain reaction before it starts? I believe that financially literate consumers will in most cases be able to recognize when they are being taken advantage of financially, and reject such products or services (or at least understand the importance of discussing such things with an expert).

No demand, no market. No market for subprime loans, no subprime crisis.

I firmly believe that lack of education was at the root of this crisis, as it is in many more, and I believe that if people are not given access to free high quality education and resources in this field, then it will have devastating economic consequences, for a country, and for the world.

That’s when I started thinking about creating BTG, which would find and, if necessary, create those financial education resources. What really got me moving was this experience: someone on Yahoo Answers once asked the following: “Where can I hide my money so my mom won’t find it?”

Nobody said “The Bank”. So I did. And why.

I began work the next day…

BTG has also been inexorably linked to my college experience however. Let’s find out how in Part 2!

Part 1 - Helping People - Part 2 - What College Has Taught Me - Part 3 - Money


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3 Responses to “Why I Started BTG: Part 1- Helping People”

  1. Awareness is good but we spend 90% living with our emotional brain. I’d love to see a post about the student loan crisis of grads emerging with so much debt these days that they wind up working to service the debt.

    Steve

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