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 … [Read more...]
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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..
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3 Powerful Steps to Preparing Your Daughter for Life After College
Every year, a new crop of young women graduate from college. Which is wonderful. But some don’t have a career plan. They start by revising their resumes and cover letters. Practicing interviews. Combing the internet for jobs. Reaching out to friends or family for any leads. A recent study conducted by McGraw-Hill […]
Sweet Dream Girlz – Teen entrepreneurs interviewed
It’s easy to be inspired by other entrepreneurs. Especially when they are smart and successful young female entrepreneurs showing the world what’s possible! And so I introduce you to Brea and Halle Holmes – a sister team of young entrepreneurs who started their own skin care line. Read below and get inspired! And if you are […]
Teenpreneurs – 3 ways to earn fast holiday cash!
Are you interested in earning more holiday cash? Teenpreneurs, what do you do when you have a long list of presents to buy? But you have limited cash? Today’s article gives you go-getter, mom-and-daughter entrepreneur teams three simple hacks to earn holiday cash fast.