Investment guru Mellody Hobson: Financial illiteracy is 'dangerous' for society

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“Having a financially illiterate society is dangerous, and we have to do something about that,” investment guru Mellody Hobson says. investinyou (In partnership with acorns.)

"I worked really hard for those opportunities, but the stars had to align, as well, to create those opportunities for me," she told CNBC.

That's why Hobson makes it a priority to give back to others. One way she does that is by serving as chairwoman of the board for After School Matters, a nonprofit that provides Chicago teens with high-quality, out-of-school time programs. NEW YORK, NY - OCTOBER 25: Presenter, Mellody Hobson speaks at the Breast Cancer Research Foundation New York Symposium & Awards Luncheon at New York Hilton Midtown at New York Hilton Midtown on October 25, 2018 in New York City.financial literacy"We're behind the eight ball," she said. "Having a financially illiterate society is dangerous, and we have to do something about that.

 

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acorns You are going to fire Cramer?

acorns Feel like this is true, but also there’s only a certain group of people who are willing to become financially literate

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