Teaching Kids the Value of a Dollar with Mellody Hobson

HerMoney with Jean Chatzky

Today, we’re joined by powerhouse financial executive and author Mellody Hobson for an eye-opening conversation about how we teach — and often don’t teach — our kids about money. As co-CEO of Ariel Investments and author of Priceless Facts About Money, Mellody believes that the path to financial literacy starts with our youngest learners.

Together, Jean and Mellody explore:

💸 Why the biggest money lessons often come from outside the classroom

🧠 How early exposure to financial realities can build confidence, not fear

📊 Practical ways to talk to kids about investing (hint: start with what they know and love!)

🛠️ Whether giving an allowance actually works

🔁 And why bartering is the perfect way to teach kids the difference between price and value.

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