Financial Literacy In African American Communities
Jay-Z recently became the first billionaire rapper.
Sure, his music is profitable. But his investments were more so, and he’s just getting started. In his song, “The Story of OJ,” Jay-Z talks about financial literacy to show African American youth how it works.
For many African Americans, financial illiteracy is a function of several factors, all of which revolve around the lack of wealth, including institutionalized racism and perennial low wages.
Today on All Sides, a look at the history of wealth and financial literacy in African American communities and what’s being done to change the trajectory.
- Lawrence Funderburke, certified financial planner, alumnus of the Ohio State University men’s basketball team, former NBA player
- Rhonda Gaines, Lead Counselor of Housing Department, Columbus Urban League (S);
- Kimber Moehrman, teacher, Trinity Elementary School
- Nan J. Morrison, President & CEO of Council for Economic Education
- Calvin Schermerhorn, Professor of History School of Historical, Philosophical, and Religious Studies, Arizona State University