🟢 Pantsapreneur Grows 43%

Hello Thursday. Last night, I chatted with my 10-year-old son about buying a new golf driver. He told me he had saved $227 cash in his velcro wallet inside his desk drawer.

That’s when it hit me — I send a money newsletter to 10,598 of you, but I haven’t talked to my son about money!

So I texted a handful of savvy Tiny Money parents. Many use the Greenlight app to teach their kids about investing, goal setting, interest, and payments. I hadn’t heard of it.

If you’ve got tools or thoughts on how to teach a 10-year-old about personal finance, reply with tips! Anyways.

💼 Hot Job: Digital Content Specialist at Luquire. Work on the Visit NC account. Expect 40% overnight travel across the state making TikToks and Instagram Reels. CEO is Brooks Luquire.

💰 Price check: $65,074. The median cost for 5 years of daycare in the Charlotte area.

👩 Shout-out: Valerie Mitchener, owner of Corcoran HM Properties, for listing this record-setting $15M SouthPark mansion. At 3% commission, that's a cool $450K.

MARKETS: YEAR-TO-DATE

BULLISH

Former kindergarten teacher looking to surpass $50K as creator and consultant

"When I was a kindergarten teacher, parents would ask me the same 20 questions every year," Natalie Parmenter told me. "So I created a YouTube channel to start answering these questions."

Income target: Natalie’s goal this year is to surpass $50K, which was her salary after 10 years as a teacher in CMS 🤯

Revenue breakdown: Natalie's mission is to help parents navigate the elementary education system so their kids can thrive in school.

Private school: "I'd estimate that many of the popular private schools (Charlotte Area Independent Schools- CAIS) have a 20% – 30% acceptance rate. It's competitive!"

Pet peeve: "It really bothers me how much garbage school rating sites dictate the opinions of schools in Charlotte."

Optimism: "There’s a lot of distrust in education right now. But I promise you, somewhere there is a teacher daydreaming of their new class, waiting to meet your child."

PRESENTED BY SOUTHPARK COMMUNITY PARTNERS

$21M TowneBank Symphony Park debuts in 2027 in SouthPark

Glow up: Our community is investing $21M in Symphony Park near the Dick's Sporting Goods at SouthPark Mall. I love the plans!

Support: Be a part of building Charlotte’s next great green space. View renderings and donation options.

GREAT JEANS

Pantsapreneur selling $128 jeans hits shocking 90% repeat customer rate

People really like Will's pants. Myself included. "This year we’re up 43% and on track to crush it this fall,” said Will, founder of Bulletprufe.

Fun fact: Will started making pants while in high school in Charlotte.

Best seller: Bulletprufe Jeans for $128. I've got two pairs, Olive Green and Midnight Blue. Both adventure fit.

Misunderstood: "Margin can disappear fast in retail. Product costs, shipping, marketing, sales/discounts, return labels, packaging, etc. I’ve seen so many similar companies come and go.”

Entrepreneurship: "Stick with what you know. We only sell products that I personally use, so I know if it’s good or not."

TINY MONEY JOB BOARD

Who’s hiring in Charlotte? 5 Trending jobs

Hiring? Post a job

Hunting? View all 91 open jobs on the Tiny Money Job Board 📈

MONEY TALKS

33-year-old former startup founder searching for $180K income, opens up on $40K wedding

Money Talks is a weekly series showcasing how real people in Charlotte approach money. Participate.

Job: "A few years ago, I left a $180K tech job to start a company. Now I'm a semi-unemployed tech product strategist doing $4K/mo in consulting. I'm looking for a full-time job."

On your mind: "I see so many parenting hacks about investing $300/mo in your child's brokerage accounts and 529 plan… and I'm like, well shit, I only have a savings account for her birthday money."

Splurge: "I love finding life hack products on TikTok. Travel mini vacuum? Yes, how cute, I'll take one."

Best money decision: "Buying a house in Steele Creek. We were looking in Cotswold and Matthews, but we love it here. Our home equity is now ridiculous."

Wedding: "We spent $40K of our own money. It was so stressful and caused so much tension. We should have gone on a trip and saved that money."

Rich in Charlotte: "Buying one of the palatial old homes in Myers Park. If you can afford one of those comfortably and still have a social life, good on you."

Full story: 33-year-old breaks down $500K net worth and hunt for STR side hustle

MONEY SNACKS

5 other financial headlines I’m snacking on

HOUSEKEEPING

New $1.4M Bossy Beulah's opens on Monday in the former Rocksalt space

Myers Park chicken lovers rejoice, Bossy Beulah's opens at 11am on Monday. I’m wildly bullish.

Freebies: First 100 guests in line will get a "Bossy Swag Bag" with goodies and a $25 or $10 gift card. And 5 random guests will receive FREE Beaut chicken sandwiches for one year.

Don’t tell: They’ll be two secret menu items, a "Flossy Flattop Burger" and a "Grilled Chicken Beaut."

Chicken Wars: It's about 400 yards away from the Chick-fil-A on Woodlawn, which I bet does $10M in annual sales, only to be bested by the Chick-fil-A in Cotswold, which sources tell me does $11M.

Happy Thursday! I'm taking my 4-year-old daughter to Soul Gastrolounge’s invite-only media preview on Saturday, where I’ll force her to pick a favorite — pork belly tacos vs. lamb lollipop skewers.

– Ted

MONEY POLL

Last week’s poll results: Do your parents currently help you financially? (10,598 subscribers)