One important life skill that I believe she needs is the ability to delay gratification, or being able to wait to obtain something one wants. The ability to delay gratification appears to be a good indicator of potential for life success.
In the area of personal finance, delayed gratification is an important element of being successful. Saving, not using debt, investing, and spending less that one earns all require the ability to delay gratification. Doing well in school and attending college also require a sense of delayed gratification, since the pay off for the effort happens later in life. Finally, continued education and development for future benefits would also involve the utilization of delayed gratification skills.
While having the ability itself does not guarantee success, I believe the skill of delayed gratification is a necessary one in many parts of life. Without the skill, one may overly focus on the present and make choices to the detriment of one's future.
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Photo Credit: morgueFile.com, Patricia E. Green
This is not financial or parental advice. Please consult a professional advisor.