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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:
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Author:Gray, Madison J.
Publication:Black Enterprise
Article Type:Brief article
Geographic Code:1USA
Date:Sep 1, 2006
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