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Russell Simmons wants fans to understand money.


Russell Simmons Russell Simmons (born October 4 ,1957 in Queens, New York), is an American entrepreneur, the co-founder, with Rick Rubin, of the pioneering hip-hop label Def Jam, founder of another label, Russell Simmons Music Group, and creator of the clothing fashion line Phat Farm.  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 Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK.  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 work·book  
n.
1. A booklet containing problems and exercises that a student may work directly on the pages.

2. A manual containing operating instructions, as for an appliance or machine.

3.
 detailing financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 on the organization's Website: www.hsan.org.
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Author:Gray, Madison J.
Publication:Black Enterprise
Article Type:Brief article
Geographic Code:1USA
Date:Sep 1, 2006
Words:124
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