- Jenna, 41, told cohost Hoda Kotb about her daughter Mila Hager’s PowerPoint
- Mila, 10, reassured Jenna and her father Henry Hager that she ‘was responsible’
- Jenna’s husband Henry Hager told Mila that ‘she’s earned’ getting a debit card
Jenna Bush Hager has revealed how her savvy 10-year-old daughter attempted to convince her parents that she needed a credit card – by putting together a PowerPoint presentation detailing why she feels she is ‘responsible enough’ to take one on.
Speaking to her Today co-host Hoda Kotb, 41-year-old Jenna explained that her eldest child put together a series of slides to try and prove to her parents that she should be given a special kid-friendly debit card by the company Greenlight.
According to Jenna, Mila made the decision after repeatedly being rejected by her mom and dad.
‘We had said no. And we had said no. And we had said no,’ Jenna – who shares three kids with husband Henry Hager – explained.
So, the tween decided to take the drastic step of putting together a PowerPoint presentation in which she listed not only the reasons why she believes she is ‘responsible enough’ for the Greenlight card, but also what chores she plans to do in order to earn money.
‘Mila wanted a Greenlight card, somebody told us about it on the show, it’s a debit card without any responsibilities,’ Jenna explained. ‘It’s for kids but they can also learn to invest.
‘Somebody told us that this was the best thing for kids to learn. It’s real money that you would put into the account and then they can choose to invest it, to spend it, to do all these other things.’
The Today host joked that her eldest daughter ‘loves a PowerPoint’, adding that Mila’s slides included ‘why she was responsible enough now, and what chores she would do, and how she wanted to learn how to save, and how she wants to buy presents for her siblings at Christmas on her own… all these things’.
Her convincing presentation landed her the stamp of approval from her father Henry Hager.
Jenna told Hoda: ‘And at the end, Henry who’s a pretty conservative spender said, “Okay Mila. You’ve earned it.”
The impressed mom shared her astonishment at Mila’s presentation with Hoda.
‘By the way, for her to have thought that through, that’s pretty unbelievable.
‘She likes to build slides. You’ve seen some of her videos.’
Hoda responded: ‘She does, great, great videos. That’s such a great life lesson.’
Jenna continued: ‘But she did it on her own without us saying,’ to which Hoda replied without hesitation: ‘Cause you said “no.”
‘Imagine if you would have said “well okay, we’ll see how you do with it,” but instead you said “no, no, no.”
Jenna went on to explain that there is ‘power’ in saying ‘no’ as parents.
She shared that their generation growing up ‘heard it a lot.’
Jenna believes that younger ones haven’t gotten rejection as much because they have grown up with phones and social media.
She emphasized that ‘saying “no” is actually really important,’ to which Hoda confessed, ‘[and] really hard.’
Pros and cons of providing your child with a debit card
- Pros: learning the basics of money management, the difference between wants and needs and having the opportunities to learn from mistakes
- Cons: mistakes can be expensive and the card requires monitoring
- Source: The Balance
When the Today segment was posted on X, formerly known as Twitter, the clip was met with mixed reactions from fans.
One person wrote: ‘Why not just give Mila an allowance. So, much money for certain chores. Money for making good grades on report cards.
‘Save half. Spend half. My family has been buying gifts for siblings since they were five, using their own money.’
Another person added: ‘We have a kid’s Chase card. It does show the kids responsibility and they do chores and we add money to the cards. I also love that these kids [made a] PowerPoint for everything.’
‘Good for her. Hopefully she is responsible and uses it wisely,’ wrote a third person.
‘NO way! Treat her allowance as a debit card and see if she can manage that,’ added a concerned commenter.
Providing your child with a debit card at an early age has both its pros and cons.
Some pros include ‘learning the basics of money management, the difference between wants and needs’ and having the ‘opportunities to learn from mistakes,’ according to The Balance.
The cons can be that ‘mistakes can be expensive,’ and the card ‘requires monitoring.’
The outlet did lean towards giving your child a debit card at the starting age of 12.