How to Teach Young Women to Be Financially Independent

Here are some pointers for teaching the fundamentals, setting a good example, making it fun, and conversing (and sometimes arguing) with your daughters in order to shape a future generation of confident, money-savvy, and financially independent women.
Understand the Fundamentals
“If you educate a man, you educate one person; if you educate a woman, you educate the world,” as the saying goes.

It stems from the fact that women are generally in charge of educating children during their formative years. That is not to say that fathers do not play a role, but children spend more time with their mothers.

If you lack confidence in even basic financial management, it will be difficult to pass on to the next generation.

Career Children
Women who have a career and a family face unique challenges. However, this does not imply that it is an either/or situation.

This may have been our mothers’ only option, but the world has changed, and our daughters need to understand that.

Men are expected to play a larger role in childcare, and some employers are increasing flexibility to allow both parents to work and raise a family. Girls require a career to achieve financial independence.

Talk to your daughters about what they want to do when they grow up and show them how to get there.

Encourage an entrepreneurial spirit in order to develop future businesswomen.

Stay tuned for more.

5 thoughts on “How to Teach Young Women to Be Financially Independent”

  1. A good email Sana. And you’re right, if your mum didn’t/doesn’t have certain skills you can grow up without them – I hadn’t thought about it, until I read your post. We also grow up with her behaviours, values and attitudes – good and bad. I dont have children, but even though I teach adults, I do try to behave in a way that sets an example for the young women I teach

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