Beacon Hill’s Shorthill talks about financial literacy with Ohio legislators

The evidence of the need for greater financial literacy surrounds us from the student debt crisis to the alarming number of people who have trouble managing spending, let alone make intelligent investment decisions.

Because of this, Beacon Hill is directly involved in efforts by the Financial Planning Association of Ohio to encourage state legislators to provide resources so that more schools can teach the basics of personal financial management.

As a member and past board member of FPA, Beacon Hill’s William Shorthill, a Certified Financial Planner™, joined other FPA members at the Ohio Statehouse for the group’s recent Advocacy Day. They talked to lawmakers, distributed flyers that listed the group’s priority issues and offered the FPA as a resource for legislators when dealing with issues related to financial planning and literacy.

Bill met with Ohio State Rep. Scott Ryan, R-Newark, and also sat with staff members for Sen. Jay Hottinger, R-Newark; Sen. Andrew Brenner, R-Powell; and Sen. Stephanie Kunze, R-Hilliard, on a busy day at the Ohio Senate. Bill was impressed with Rep. Ryan’s demeanor and how he kept the perspective of his constituents and business owner’s in mind during the conversation.

Besides financial literacy initiatives, priority issues for the FPA include measures to protect vulnerable adults from financial exploitation and opposition to the sales tax being applied to financial planning services. The three Ohio FPA chapters have about 850 members and serve more than 113,000 Ohioans. To learn more about the FPA and its positions, click here.

Bill welcomes your questions and comments. To reach him, call 614-469-4685 or send email to Bill@BHAdvisory.com .