Mom & Daughters Inc

Developing the entrepreneurial mindset in girls

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Why you want to have the retirement conversation with your daughter

Yes, you heard it correctly.  Teaching your daughter about savings will benefit both of you.  She’ll learn life long principles and you’ll save more in your OWN retirement. #Intergenerationalwealth baby!

How do you get her started?

1. Open a fee-free savings account.  This step helps her start thinking long term to save money from holiday gifts and birthday presents.  Make sure you find an account that is free for kids.  Talk to someone in your local savings bank.  Check out credit unions.  Try online banks.  Or do a quick google search “Savings accounts for kids”.

2. Make a game of it.  This is the trick.  If you make it painful, she won’t play.  Human nature keeps us motivated when things are fun and can you can win prizes.  But if you make a game of it, she’ll look for ways to win.

Read below for ideas on how to make it like “kid’s play”

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How Can Entrepreneurship Help Your Daughter Build Self Confidence?

Has your daughter ever sold anything and realized how it can help her gain self confidence? Maybe she is a Girl Scout and she sold Girl Scout cookies? Or she participated in a car wash or another school fundraising activity? I am not talking about when YOU brought the forms into your job.  You remembered […]

No job this summer? Start a lemonade stand

Ahhhh the days of summer are upon us. Does your daughter have plans this summer?  Great!  Does she want to earn money or find something to do with her free time? Help her start a lemonade stand. Running a business is one of the best activities for young people to engage in. And when I […]