Meghan Markle, the Duchess of Sussex and wife of Prince Harry, recently shared her very personal anecdotes.
Meghan Markle also talked about the importance of teaching young people about financial literacy.
Speaking at an online conference hosted by the New York Times, Meghan emphasized the profound impact that early exposure to financial education can have on shaping one’s outlook on money and success. During her speech, Meghan revealed that as a child, she and her mother, Doria, faced financial constraints, leading her to learn the value of money and the importance of budgeting.
“If I was ingrained at a young age to understand more about the stock market or financial literacy, how different [would it] put me in the world?” she reflected. Despite her current position of privilege, Meghan emphasized that her values have remained unchanged, rooted in the lessons she learned while clipping coupons as a young girl.
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Even now, Meghan shared that she continues to embody the frugality instilled in her during her formative years. She confessed, “I will never buy anything online without finding a promo code first.” This mindset, she believes, is a modern-day manifestation of the same financial consciousness that she developed as a child. Meghan encouraged the audience to consider the potentially transformative effect of imparting financial understanding, particularly to young women.
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The Duchess also credited her strong work ethic to the influence of her parents, highlighting a personal entrepreneurial venture she embarked on at the tender age of eight. Recalling the experience, Meghan shared that she started making scrunchies to sell, using fabric scraps obtained by her mother from a local store.
She vividly remembered the sense of accomplishment and pride she felt when she realized that she had invested in herself and received compensation for her efforts. From selling scrunchies to working as a waitress or a hostess, Meghan stressed that these early encounters with financial independence provided not only a sense of purpose but also self-satisfaction. Throughout her speech, Meghan exuded confidence and elegance.
Meghan Markle’s transparency and relatability during the conference highlighted the importance of equipping young individuals with financial literacy skills. Her personal experiences and commitment to financial understanding serve as a reminder that education in this domain can empower individuals to make informed decisions, set meaningful goals, and build a solid foundation for their future financial well-being.
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Her message resonates far beyond the realm of royalty, reminding us that financial knowledge is a transformative tool accessible to all, regardless of background or upbringing.
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