Article By: Christine Roberts – Kelly MBA/CEO
Contributing Writer

In honor of Mother’s Day, I wanted to take a moment to reflect on the wisdom of the women we are all blessed to know. Whether it’s our mothers, grandmothers, or aunties, their experiences and insights often shape our financial habits and perspectives. Growing up as an immigrant, I learned invaluable money lessons from the strong women in my family who navigated financial challenges with resilience,and resourcefulness.

So, here are five timeless money lessons passed down from generation to generation, mother to daughter and now to y’all!

The Power of savings was big in my family! My mother and grandmother understood the importance of saving every penny. From budgeting for essentials to setting aside funds for emergencies, they emphasized the value of frugality and thriftiness. They taught me that saving money isn’t just about building wealth; they emphasized that having a financial safety net provides peace of mind, enables us to weather unexpected expenses, emergencies and have choices (mom called it walking money).
These smart women also taught me the importance of living within our means. They instilled in me the mindset of prioritizing needs over wants and making thoughtful spending decisions. By embracing a minimalist lifestyle and avoiding unnecessary expenses, they showed me how to stretch every dollar and make the most of what we have. Granny didn’t own many things but the things she did own were quality. From her I learned to value quality over quantity.

Despite facing financial constraints, my family recognized the importance of investing in the future. They encouraged me to pursue education as a means of upward mobility and to prioritize long-term financial goals over short-term gratification. By instilling in me the value of education and hard work, they laid the foundation for a brighter future. They also encouraged me to consistently contribute to retirement accounts (they loved a good 401k)! The understanding that starting small, (even $25) will pay off
overtime.

Although I grew up in a traditional family, my mother valued financial independence as a symbol of self- reliance and empowerment. They taught me to be proactive in managing my finances, to seek opportunities for economic advancement, and to advocate for myself in financial matters. By demonstrating resilience in the face of adversity, she showed me that with perseverance and planning anything is possible.
Despite their emphasis on savings and financial prudence my family never hesitated to lend a helping hand to those in need. They taught me the importance of generosity and compassion, whether through charitable donations, acts of kindness, volunteering or supporting family members. By embodying the spirit of giving, they showed me that true wealth lies not in what we possess but in how we enrich the
lives of others.

The lessons passed down from my mother, grandmother and aunties have shaped my attitudes and behaviors towards money, savings, and financial independence. Their resilience, resourcefulness, and unwavering optimism continue to inspire me; serving as a reminder of the enduring influence of the women who came before me.
May the wisdom of the women in your family and in your circle continue to guide you as you navigate your own financial journey. And may you become a woman who offers guidance and inspiration to those to come after you.

By Published On: May 2, 2024Categories: Financial Women
Christine’s education includes dual Bachelor’s Degree in Accounting and finance and dual Master’s in Business Administration and Accounting . Christine spent 20+ years in Business with roles as a Chief Revenue Officer, Chief Operations Officer, and Chief Executive Officer. As an Entrepreneur, Christine founded Intention Enterprises ,a business services company supporting small to medium organizations from inception to sustainable growth. Supporting organizations in business formation to financial fundamentals and training . Intention Enterprises provides services that makes its clients more efficient, more effective, and more profitable while helping them reclaim time! Christine also facilitates educational workshops. www.intentionenterprises.com

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