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Mellody Hobson

👤 Person
580 total appearances

Appearances Over Time

Podcast Appearances

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

She maybe made some money decisions that were questionable, but she put me in the real world every single day. And what I loved is she had me handle money. We would go to a restaurant from McDonald's to a diner. She would have me pay when I was little, four or five years old, go and give the money at the counter. Then she'd have me count the change.

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

She maybe made some money decisions that were questionable, but she put me in the real world every single day. And what I loved is she had me handle money. We would go to a restaurant from McDonald's to a diner. She would have me pay when I was little, four or five years old, go and give the money at the counter. Then she'd have me count the change.

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

She maybe made some money decisions that were questionable, but she put me in the real world every single day. And what I loved is she had me handle money. We would go to a restaurant from McDonald's to a diner. She would have me pay when I was little, four or five years old, go and give the money at the counter. Then she'd have me count the change.

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

Then count the change. Yes. Then calculate the tip. Every step along the way that I became more sophisticated, I never saw my mom pay a bill because I paid them. And so it let me know what things cost. I knew what a hamburger cost at McDonald's versus at a fancy restaurant. Let me ask you this.

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

Then count the change. Yes. Then calculate the tip. Every step along the way that I became more sophisticated, I never saw my mom pay a bill because I paid them. And so it let me know what things cost. I knew what a hamburger cost at McDonald's versus at a fancy restaurant. Let me ask you this.

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

Then count the change. Yes. Then calculate the tip. Every step along the way that I became more sophisticated, I never saw my mom pay a bill because I paid them. And so it let me know what things cost. I knew what a hamburger cost at McDonald's versus at a fancy restaurant. Let me ask you this.

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

I think that I would be age appropriate. So I would not deny if you have a lot of resources. I think pretending that you don't is foolish. I also would not deny if your resource is scarce. And I think it's very important to level with kids. So you don't have to give the number? Yes. But you have to be very, very honest about it. And it happened to us recently. I will give you that example.

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

I think that I would be age appropriate. So I would not deny if you have a lot of resources. I think pretending that you don't is foolish. I also would not deny if your resource is scarce. And I think it's very important to level with kids. So you don't have to give the number? Yes. But you have to be very, very honest about it. And it happened to us recently. I will give you that example.

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

I think that I would be age appropriate. So I would not deny if you have a lot of resources. I think pretending that you don't is foolish. I also would not deny if your resource is scarce. And I think it's very important to level with kids. So you don't have to give the number? Yes. But you have to be very, very honest about it. And it happened to us recently. I will give you that example.

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

My daughter recently was in a situation where some kids asked her about her family situation. And she was very taken aback because we don't talk about, you know, what we have versus other people. We value values, not things. Yes. But I did say to her, I said that, you know, yes, you have a lot of resources, but they're not yours. They're ours.

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

My daughter recently was in a situation where some kids asked her about her family situation. And she was very taken aback because we don't talk about, you know, what we have versus other people. We value values, not things. Yes. But I did say to her, I said that, you know, yes, you have a lot of resources, but they're not yours. They're ours.

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

My daughter recently was in a situation where some kids asked her about her family situation. And she was very taken aback because we don't talk about, you know, what we have versus other people. We value values, not things. Yes. But I did say to her, I said that, you know, yes, you have a lot of resources, but they're not yours. They're ours.

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

Just so she understood that it wasn't, you know, it's not her money. Wow. And she said, well, will I have resources one day? And I said, you'll have a job? Yes. And she said, where will I live? And I said, you'll probably have a house. And I said, but you won't be without. You'll have enough. I said, you will have, you know, you'll have enough. And it was really interesting.

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

Just so she understood that it wasn't, you know, it's not her money. Wow. And she said, well, will I have resources one day? And I said, you'll have a job? Yes. And she said, where will I live? And I said, you'll probably have a house. And I said, but you won't be without. You'll have enough. I said, you will have, you know, you'll have enough. And it was really interesting.

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

Just so she understood that it wasn't, you know, it's not her money. Wow. And she said, well, will I have resources one day? And I said, you'll have a job? Yes. And she said, where will I live? And I said, you'll probably have a house. And I said, but you won't be without. You'll have enough. I said, you will have, you know, you'll have enough. And it was really interesting.

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

We had a very direct conversation about it.

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

We had a very direct conversation about it.

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

We had a very direct conversation about it.

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

It's a running conversation. It's a running conversation. Yeah, it's a conversation that never ends. Now, the thing about her, at least at this stage, she's not enamored by things. When we go to a store, my daughter never asked for anything. So I have to show her something and say, would you like this? But she would not ask, even though I've never told her that there's an issue with her asking.

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

It's a running conversation. It's a running conversation. Yeah, it's a conversation that never ends. Now, the thing about her, at least at this stage, she's not enamored by things. When we go to a store, my daughter never asked for anything. So I have to show her something and say, would you like this? But she would not ask, even though I've never told her that there's an issue with her asking.