Katie Homes and Suri Photo by: Sipa

They sure do grow up fast in Hollywood! Little Suri Cruise is not even 2 yet, but already mom Katie Holmes says, "She's a very strong woman."

"I'm very proud of her," the 29-year-old actress added to PEOPLE at Thursday's Glamour magazine kickoff event for V-Day's 10th Anniversary. "She's actually teaching me a lot – probably more than I'm teaching her."

The Mad Money star said she attended the event to support friends Eve Ensler (the author of The Vagina Monologues) and Paula Wagner (husband Tom Cruise's production partner) – but she couldn't help singing the praises of her talented toddler.

"She's very smart and strong," Holmes concluded. "And really magical."