If you learn about financial literacy early you wouldn’t have to live a super frugal life to get ahead and eventually become financially independent. In the end, time is the biggest and most important asset we have, and for me I wish I had some more of the Knowledge I have know when I was younger . So passing down your knowledge to your daughter is going to give her a huge advantage.
My uncle has had an interesting way of teaching his kids about finance. He would give them a monthly allowance. Let’s say USD 50. Whatever they had left at the end of the month he would double that money and then put it all into an investment account. Also if they really wanted something they would either have to save or work to get it. By now they are teenagers and they already have a pretty awesome investment account.