Sally will someday be an entrepreneurial tycoon. For now, she settles on running a thriving lemonade stand near a busy farmer’s market seven months out of the year.
She’s a saver even though she bought a new bike and splurged on some accessories for her iPhone. Otherwise, she’s learned basic money management skills and even puts 50% of her after-tax profits in a Vanguard S&P fund.
Her dad is a performance consultant, and based on Sally’s simple accounting method, he raised a concern he discussed with her during a family dinner.
I can’t wait to hear what he told her.
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