Russell Simmons wants fans to understand money.
Russell Simmons wants fans to understand money. Hip-hop culture is
screaming "Get Your Money Right" through a nationwide
financial empowerment tour of the same name, started by Russell Simmons,
who wants to emphasize financial literacy for fans as a way of fostering
economic well-being. "The basic financial issues not discussed are
what are the tools you need to get ahead and not fall into a hole and
keep good credit," says Simmons, co-founder and chairman of the
Hip-Hop Summit Action Network. The tour began in Detroit in March, with
celebrities and financial experts targeting 18- to 35-year-olds and
educating them on basics such as banking, credit repair, and
homeownership. There is a downloadable workbook detailing financial
planning on the organization's Website: www.hsan.org.