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Money Mama
Teaching Kids About Cash Ensures Financial Futures
By Kim Seidel
Kelly Fish of Calabasas, Calif., looked for a way to handle her then 9-year-old daughter, who each time she headed into a shop, believed she could have whatever she wanted from the shelves. Fish, a mother of two young children, met a woman with a plan when she came across Money Mama while searching for a solution to her frustrating problem – one experienced by moms in shopping malls everywhere.
"I didn't want to be a 'mean' mom, so I gave in most of the time to avoid a scene in the store," Fish says.
The creative mom behind the Money Mama moniker is Lori Mackey, an entrepreneurial wife and mother of two. As the founder of Prosperity4Kids, she helps parents empower their children to create healthy financial futures by offering educational products and information. To that end, she created the Money Mama Piggy Bank program.
"When I found out about Lori's program, I thought this could be the answer to my parenting prayers," Fish says.
"My husband and I always were great at making money, but we were not taught what to do with it," Mackey says. "I wanted to take all the information I learned and teach my own children what positive money management was and teach it in the simplest form possible.