43 | How to Teach Your Kids About Starting a Business | Patricia Clahar

Connect with the Investor Mama Tribe  Looking for ways to boost your income? Check out these resources to help you with your money journey About Patricia is the founder of Hands-On Entrepreneurship for Kids, which provides guidance for students who want to turn their big ideas into businesses. Patricia is a Harvard grad and received an MBA from Columbia. Lightning Round 1. What is one fun fact about you that not that many people know? I used to be a competitive Scottish Highland dancer. 2. Who inspires you the most and why? I think at the moment, I would say the people that have really been inspiring to me the most are other people that I’ve been meeting either online or in-person, working in entrepreneurship and teaching that to kids and helping kids to build or grow businesses. 3. What books are you reading now or have read and loved that you’d recommend? The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell Steal Like an Artist: 10 Things Nobody Told You About Being Creative by Austin Kleon 4. What is one actionable tip or piece of advice that you can tell our moms out there to help them on their financial independence journey? The one tip that I would give to help moms on their journey, is really making sure that you are truly educated in financial literacy. I think a lot of people think that they know what that means, or they think that they know the things that they should know. Even myself recently, I’m always continuing to educate myself more and more about these things, because then I start to realize, oh man, I really didn’t know a lot of things about financial literacy until, until fairly recently. I can even look back on businesses that I had, back in my twenties and I can see why I had certain problems. It was because I really didn’t know as much about money as I thought I did. I wasn’t really managing my money the way I should have been to make sure that I kept it. So, don’t be afraid to continue to educate yourself about financial literacy because making money is one thing, right? But keeping money is a totally different ball game. And if you don’t learn that piece, keeping the money, you can make money all day long. And it won’t matter because you’re going to be wasting it, losing it next month.   Additional Resources * Learn How to Make Extra Money or Pivot to a High Paying Salary with Time Flexibility * Mooncast Production: Video and Audio Editing with Social Media Promotion