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Personal Finance

Daily Summary

Mellody Hobson, co-CEO of Ariel Investments, has released a children’s book sharing her personal financial journey and lessons learned to address the scarcity of financial literacy education. The book, which debuted as a New York Times bestseller, reflects her early life struggles in Chicago and her determination to educate her daughter and future generations about money. Meanwhile, Bentonville approved a 2025 budget with nearly balanced revenues and expenses, featuring staff salary boosts, new hires, significant investments in public projects, and additional local government updates, including controversy over a mocking email and warnings about holiday scams.

Mellody Hobson: Why Many Parents Talk About Condoms Rather Than Credit Cards

Mellody Hobson’s new book, *Priceless Facts About Money*, uses humor and fascinating facts to make financial literacy accessible, drawing on her own experiences of financial hardship to educate children.

Bentonville's 2025 Budget Approved with Key Investments and Staff Increases

The Bentonville city council approved the 2025 budget with projected revenues of $252.38 million and expenses of $252.25 million, resulting in a surplus of about $404,000. The budget features a 3.5% raise for city staff, adds 13 new positions, and earmarks significant funds for key public projects.