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 … [Read more...]
Developing the entrepreneurial mindset in girls
FREE Course
Why Does My Daughter Actually Need a Financial Diary?
Short answer: your daughter needs a financial diary so that she can learn how she spends her money.
Long story: My daughter took a field trip with her summer camp. The camp provided hot dogs, hamburgers and soda. Plus they were buying all of the materials that she needed for the experience. And they were even providing snacks before they returned home.
I gave her five dollars. We had a long conversation that the money was only to be spent on emergencies. We talked about what emergencies are. Why she might have to spend the money. And the importance of keeping it in a safe space.
If you are a parent, you know how the story ends. She spent all the money.
I wasn’t surprised that she spent the money. But if I’m honest, I was frustrated. Frustrated because she couldn’t remember where she spent the money.
Read This: Money Spending for Kids
I know what it is like to be a young girl. I get that feeling of the money is “burning a hole” in my pocket. But as her Mom – and someone who wants young people to take ownership – I realized it was a good teaching moment. I wanted to share a life lesson that my Mom had taught me–how to keep a financial diary..
[Read More…]
Pass the stuffing and the biz mentor advice
Thanksgiving is one of my favorite times in the year. Not only is it filled with opportunities to be grateful and eat good food (please pass the sweet potatoes, mac and cheese and stuffing!!), but it’s also time to connect with those relatives that you don’t get to see everyday. So don’t miss that opportunity […]
Marketing 101 from the world’s great Amazon review
Think understanding marketing is hard? Nope. It’s all about understanding your market and talking to them so they “get” you. Think that’s hard? Nope. Mothers with children in the same age category do it all the time. They can share experiences in a way that tells the other Mother…”you had me at Hello”. A […]
How Your Daughter Can Earn Cash from the “Technically Challenged”
Does it seem that your daughter is glued to her smart device? Does she laugh at technically challenged adults because, she a whiz when it comes to operating smartphones, tablets, laptops, or even computers? In the post-Christmas/Holiday season, there will be technically challenged adults receiving gifts. They won’t have a clue about how to operate […]