Priceless Lessons: Mellody Hobson on Financial Literacy for Kids

Carol Sutton Lewis sits down with Mellody Hobson—co-CEO of Ariel Investments, and author of the new children’s book Priceless Facts About Money: From the Beginning of Time to the Coins in Your Couch. In this engaging and fun conversation, Mellody explains why parents should talk with their kids about money early and often, and shares practical tips for teaching them financial independence and responsibility.

Mellody and Carol discuss:

• The importance of using cash to teach young children about the value of money.
• How Mellody’s childhood shaped her financial mindset.
• Advice for parents on allowances, savings, and smart credit habits.
• Why understanding and talking about money matters is important for every family—regardless of income level.

These highlights offer just a taste of their conversation—there's much more waiting for you in the episode. Tune in to hear the wisdom, humor, and down-to-earth advice Mellody shares with Carol so you can prepare your kids (and even yourself) for financial success!

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