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Mellody Hobson teaches financial literacy in a new children’s book
“Priceless Facts about Money,” which can explain the importance of cash and explore its history, will hit shelves on October 1.
Mellody Hobson’s mission is to show young people financial literacy.
According to Peoplethe businesswoman will explain the meaning of cash – from the meanings of the symbols on US banknotes to the bizarre nicknames of the currencies – in her forthcoming book, Priceless Facts About Money.
“There is no greater gift than financial education to help young people learn that money can be a tool to make their dreams come true,” Reese Witherspoon said in a statement concerning the book. “And there is no better teacher than Mellody, whose passion for financial literacy has already inspired so many!”
Hobson, co-CEO and president of Ariel Investments and chairman of the board of Starbucks Corporation, clearly understands the importance of financial literacy.
“Priceless Faces on Money,” which is out there for pre-order and hits shelves on October 1, also explores the history of cash, including how the Mayans used chocolate as currency and the event of banking systems.
The book also discusses the origins of the financial tools we use today, similar to loans and ATMs, and includes fun facts about money all over the world.
In 2020, Forbes magazine recognized Hobson as considered one of its Most Powerful Women for her outstanding work with Ariel Investments. He also serves on the boards of several institutions, including JP Morgan Chase & Co. and the Sundance Institute.
Hobson and her husband, George Lucas, have donated thousands and thousands to charity through the Hobson Lucas Family Foundation.
During her acceptance speech for the 2019 Carnegie Medal of Philanthropy, the previous finance specialist for CBS and “Good Morning America” spoke concerning the couple’s philanthropic work.
“We see ourselves as stewards of society’s money. We just hold the money for a while before we hand it over and give it back,” Hobson said on the time. “We are simply paying off a debt, and a debt that we are happy to pay and that will hopefully prompt others to pay it back.”
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