Oprah and Mellody Hobson: Best Money Advice for Gen Z

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Mellody Hobson, financial powerhouse, President and co-CEO of Ariel Investments and author of the New York Times bestseller, Priceless Facts About Money, joins The Oprah Podcast to talk about the overwhelming financial burdens facing Gen Z today. Oprah and Mellody invite Gen Z guests to share their own experiences and answer their most pressing financial questions. Mellody reveals simple money steps she took early on in her career to set herself up for financial success and offers advice on small changes to shift money habits. Oprah and Mellody speak with young people about working to pay off credit card and loan debt, saving to buy a home, investment advice and the growing trend of high school graduates choosing a skilled trade career path instead of college.

BUY THE BOOK!
"Priceless Facts About Money” by Mellody Hobson, illustrated by Caitlin Stevens, is published by Candlewick Press and available wherever books are sold:
https://www.candlewick.com/9781536224...

00:00:00 – Welcome Mellody Hobson, author of Priceless Facts About Money
00:02:31 – Why Gen Z feels financial stress
00:03:57 – Challenges of buying a first home today
00:05:42 – Mellody’s credit card advice for Gen Z
00:07:45 – 51% of Gen Z don't believe college is worth the cost
00:13:28 – Meet Kayla, tackling credit card debt
00:16:48 – Paying off credit cards while building an emergency fund
00:18:50 – Mellody’s top money-saving tip
00:20:33 – Why using cash can help you spend less
00:22:10 – Is “buy now, pay later” ever a smart move?
00:23:31 – Meet Madia, who applied to over 300 jobs
00:26:20 – Mellody’s advice for a stable, successful future
00:30:20 – How to set financial goals
00:33:11 – Meet 26-year-old Alexandria, living with her parents
00:35:08 – Steps to pay off debt effectively
00:39:07 – How to learn about personal finance
00:42:34 – Mellody’s credit card mistake in her 20s
00:44:27 – Gen Z choosing trade school over college
00:44:46 – Meet welding instructor Joe Williams and student Marcos
00:48:42 – Smart money moves in your 20s
00:50:20 – How compound interest works
00:54:37 – What to understand about Gen Z and money

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Listen to the full podcast:
https://open.spotify.com/show/0tEVrfN...
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Follow Oprah Winfrey on Social:
  / oprah  
  / oprahwinfrey  

Listen to the full podcast:
https://open.spotify.com/show/0tEVrfN...
https://podcasts.apple.com/us/podcast...