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The Oprah Podcast

Oprah and Business Leader Mellody Hobson Share the Money Advice You Need to Know Now

Jan 28, 2025
Mellody Hobson, Co-CEO of Ariel Investments and author of the bestselling children's book, "Priceless Facts About Money," dives into the crucial topic of financial education for kids. She shares her childhood struggles with money and insightful lessons she's imparted to her daughter. The discussion highlights the role of real-life experiences in teaching children financial literacy, advocating for open conversations within families. Hobson also emphasizes strategies for parents to instill financial responsibility, resilience, and the value of money in children.
52:32

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Mellody Hobson shares her journey from financial instability to becoming a financial literacy advocate, highlighting resilience in overcoming early trauma related to money.
  • Emphasizing age-appropriate financial discussions, Hobson encourages parents to educate their children about money to foster confidence and empower informed financial decision-making.

Deep dives

Melody Hobson's Impactful Journey

Melody Hobson's journey from growing up in a financially unstable household to becoming a leading financial figure exemplifies resilience and determination. Raised by a single mother in a challenging environment, Hobson faced early trauma related to money, including eviction and the struggle for basic necessities. This early experience instilled in her a deep understanding of the importance of financial literacy, prompting her to pursue a career in finance after graduating from Princeton. As the co-CEO of Arielle Investments and a prominent voice in financial literacy, Hobson now uses her platform to educate others about managing money effectively.

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