How to Make Our Daughters Succeed at Work
If you want your daughters to succeed at work, you need to encourage their career dreams while they're young, TIME reports.
According to a recent survey of breadwinning women by the Family Wealth Advisors Council, 44 percent of those who out-earn their spouses dreamed of having a successful career back when they were little girls.
That's compared with only 25 percent of the larger set of working women.
Of those who were working but not the primary breadwinner, 54 percent said their childhood aspiration was to be a mom — 10 percent more than among the primary breadwinners.
"It's interesting to speculate what that means for our daughters, since we have different expectations for them than many of our moms did for us, and they've grown up in a whole different reality," said Heather R. Ettinger, managing partner of Fairport Asset Management and co-author of the study, which surveyed more than 1,000 working women.
TIME reports that women who are the primary breadwinners showed greater empowerment when it came to money decisions and had greater involvement, knowledge and confidence in every area of family finances.
According to the survey, working women are responsible for no less than 75 percent of all financial planning responsibilities in their household.
In areas such as charitable giving, paying for college, retirement planning and saving, women assume 90 percent of the responsibility, according to TIME.
So continue to encourage our daughters' career dreams so that they can become successful and confident working women.
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