Blake Lively Wants to Be an ‘Old-Fashioned Mom,’ Says Source: She ‘Cooks Dinner Every Night’

The actress revealed she’s expecting her fourth baby during an appearance at the 10th Annual Forbes Power Women’s Summit on Thursday

Family comes first for Blake Lively.

The actress, 35, revealed she’s expecting her fourth baby Thursday during an appearance at the 10th Annual Forbes Power Women’s Summit, wearing a form-fitting dress that hugged her baby bump. Lively and husband Ryan Reynolds are already parents to James, 7, Inez, 5, and Betty, 2.

“She happens to be a really attentive mom. Her kids are her first priority over everything,” a source tells PEOPLE. “You never would think that Blake Lively, this superstar and beautiful woman, would be this regular person who cooks dinner every night and takes care of the family but she is really wonderful with the kids.”

“She wants to be that old-fashioned kind of mom,” the insider continues, “when the kids are out or sleeping that’s when she makes time to do work stuff.”

During a conversation at the event, Lively talked about being a creative woman who is also a businesswoman.

“I just like to create. Whether that’s baking or storytelling or businesses or humans, I just really like creating,” she joked, laughing along with the audience.

She shared that it’s important for her three daughters to “see that you don’t have to choose one or the other.”

“I don’t need them to choose to be a businesswoman or a mom. They can be both or neither, but I just want for them to see that anything is possible.”

Lively went on to explain that because she’s “so obsessed with my family,” she tries to only take on projects that she can “really believe in.”

“I’m very into product development. If I can’t create it, I don’t want to be a part of it, just because there’s so many great things out there,” she said of her considerations, adding, “I want to create something that is missing and I love for my kids to see that across all areas.”