Developing the entrepreneurial mindset in girls
Are you upset because your daughter has too much free time this summer? I get it. You want your daughter on the "college" track. Sooooooooo.... she should be highly scheduled attending camps, … [Read more...]
School is almost out and you are not sure what your daughter is going to do this summer? Challenge her to start a one day business! I'm betting that she wants to buy something cool (aka expensive) … [Read more...]
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.
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…]A mom and I were talking recently at a networking event about her daughter who was in attendance. She tried to convince her teen to wear something red – instead of her standard black. She knew that it would help her stand out in the crowd. Instead of the standard black suit that most of […]
There are some great ways to capitalize on the Pokémon Go craze. For mothers and daughters looking to find business opportunities, this is a great one. Here are some ideas on how you can get in on the craze and share possibilities with local business owners.
Think you can’t create a cool new business when you are stuck listening to “borrrrrrinnng” shows on the radio? Then you need to hear Eva Baker’s story! On this Mom & Daughters Inc interview, Eva and I discussed how she launched her business, TeensGotSense. It’s a unique concept that educates teens on financial topics […]
