In this episode, we discuss money lessons for our daughters and explore the crucial role of financial awareness, the importance of self-reliance, and the evolving financial roles of women in society. We'll share personal anecdotes, discuss historical contexts, and emphasize the importance of modeling positive financial behaviors for the next generation. We believe that money isn't just a tool for daily transactions—it's power. It's the key to independence, freedom, and making informed choices. Whether it's managing household finances, advocating for oneself, or navigating power dynamics in relationships, these lessons are vital for our daughters to learn early and understand deeply.
For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.
What You’ll Learn in this Episode: - The importance of understanding where your money goes and how to make it work for you
- Why self-reliance is so importance when it comes to your finances
- The reason we, as parents, need to model positive financial behaviors for our children
- The misnomer regarding women and math and why gender bias in academia needs to be eliminated
- How women advocating for other women can impact your finances
- What conversations need to happen when couples have income differences
- When planning for your future, have you thought about these things?
- The best way to respond when you make a mistake
- Why you must believe in your abilities and validate your own worth
- How to advocate for change to make sure you have a seat at the table
Resources Mentioned on the Show: - A Brief U.S. History of Women in Money and Finance by Josh Elledge
- Marriage & Money: Is a Prenup Right for You? with Terry Steen on If Money Were Easy
- The Rise of the Female Breadwinner: Key Planning Tips and Considerations by Alyssum Malone
- Cher Interview on Dateline with Jane Pauley. NBC. 1996.
Stay Connected: - Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
- Connect with Neela on Twitter, Instagram, and on LinkedIn
- Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn