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  • Writer's pictureRyan Lipton

Good news: 21 Savage creates free online financial program for kids

With Donald Trump in office, it is hard to see anything positive in the news. Everything is negative, even if it is rightful. Nonetheless, I want to change that by posting some good news for a change every once in a while because there is a lot of good in this world that isn’t noticed. And good things need more publicity.

So, let’s start with 21 Savage.

The rapper and his foundation, Leading by Example, are starting a free online financial literacy education program for kids who are at home due to the pandemic, according to the Associated Press.

“Partnering with mobile banking service provider Chime, education technology platform EverFi and nonprofit Juma Ventures, the Atlanta rapper’s nationwide “Bank Account at Home” financial literacy program seeks to educate young people on managing and earning money,” said the Associated Press.

“The “Bank Account at Home” program’s website provides financial literacy resources for a range of ages. Elementary school students can learn basic concepts about money and management, while middle school students can explore financial planning and high school students can download lessons about budgeting and entrepreneurship. The initiative will introduce additional tools and scholarship opportunities in August.”

You can visit 21 Savage’s new website here.


Financial literacy is a vastly important issue in the country and it needs to be addressed. People need to understand that investing isn’t that hard despite what the financial industry might tell you. You don’t need to go to hedge funds or to have a lot of money to invest. Investing a little bit at a time in an index fund is easy and simple and still provides the best returns on average out there. If you don’t believe me, look at what Warren Buffet says.

84 percent of the stock market is owned by just 10 percent of Americans. So many Americans are missing out on the opportunity to invest, and with compounding, turn a modest salary into a life of financial security in addition to building generational wealth.

“At $171,000, the net worth of a typical white family is nearly ten times greater than that of a Black family ($17,150) in 2016,” said the Brookings Institution. “Gaps in wealth between Black and white households reveal the effects of accumulated inequality and discrimination, as well as differences in power and opportunity that can be traced back to this nation’s inception. The Black-white wealth gap reflects a society that has not and does not afford equality of opportunity to all its citizens.”

According to the Pew Research Center, 61 percent of white families are invested in the stock market with a median holding of $51,400 whereas only 31 percent of black families are invested with a median holding of $12,000.

While discrimination can’t be fixed with one solution, improving financial literacy everywhere will go a long way in bridging the gap mentioned above.


If you want to become a smart investor yourself and build generational wealth, read this book to find out how to invest in a smart and easy manner. Below is the book description from Amazon.

Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School

Millionaire Teacher shows you how to achieve financial independence through smart investing ― without being a financial wizard. Author Andrew Hallam was a high school English teacher. He became a debt-free millionaire by following a few simple rules. In this book, he teaches you the financial fundamentals you need to follow in his tracks. You can spend just an hour per year on your investments, never think about the stock market’s direction ― and still beat most professional investors. It’s not about get-rich-quick schemes or trendy investment products peddled by an ever-widening, self-serving industry; it’s about your money and your future. This new second edition features updated discussion on passive investing, studies on dollar cost averaging versus lump sum investing, and a detailed segment on RoboAdvisors for Americans, Canadians, Australians, Singaporeans and British investors.

“Financial literacy is rarely taught in schools. Were you shortchanged by your education system? This book is your solution, teaching you the ABCs of finance to help you build wealth.”

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