Background Circle Background Circle
Russell Wilson And Ciara Surprise Students At Seattle Middle School With Savings Accounts

Russell Wilson And Ciara Surprise Students At Seattle Middle School With Savings Accounts

Power couple Ciara and Russell Wilson of the Seattle Seahawks put their money where their mouth is after making a more than $35,000 donation and surprise virtual visit Tuesday to Denny International Middle School.  

The school’s nearly 900 West Seattle students— where more than half of the students identify as either Black or Latino— were surprised when the couple gifted them each with a savings account program with $40 in seed money available, The Seattle Times reported. The couple provided them with noteworthy financial literacy and a lesson on how to save and invest their money.   

The quarterback and singer said learning about their own personal finances was important as they each built their careers. 

“Financial literacy and building wealth is so important,” Wilson said. “Ciara and I really wanted to talk to you all because we didn’t come from much and we had big visions, we had big goals, big dreams.” 

Students of the public school tuned into the lesson from home while the others viewed from their classrooms. 

The generous act was made possible through an arrangement with a Financial Literacy Month partnership with the couple’s Why Not You Foundation, the NFL Players Association and Goalsetter, a New York-based financial tech company.  

A lesson titled “Building Wealth – A Blueprint to Financial Freedom Inspired by Hip Hop” kicked off the lesson with Goalsetter CEO Tanya Van Court. The students got to hear a brief overview of how successful music mogul Jay-Z invested his earnings early, ultimately becoming a billionaire and “the first hip-hop artist to do so,” according to Forbes

The couple popped in with their big announcement soon after, then played a game of financial trivia where Wilson quizzed the middle schoolers on influential billionaires including Amazon CEO Jeff Bezos.

But, the Wilson’s were sure to drop their own jewels of advice, too. The students were encouraged by the couple to invest in themselves, their communities, the causes they believe in and to ultimately “make sure you know what you’re doing.” Wilson said he wished he invested early in Facebook when he was young. 

“All these things can pay back tremendously if you invest in them the right way,” Ciara said. “Investing is very powerful and it will also allow you to create an opportunity to build legacy for your family.”

Until the students are 18 they can’t touch the money, incentivizing them to begin the practice of saving through the Goalsetter program app. According to The Seattle Times, the app will provide them up to five years of financial literacy tools and will be equipped with games to quiz them on their knowledge through an attached debit card the students will eventually receive. 

Tanya Van Court, a Black woman, said data on the growing national racial wealth gap confirms that Black and Latino people are on a trajectory to earn zero net worth within the next 30 to 50 years. She said she doesn’t want to see it happen to the students.  

“It really should be a crime that kids are coming out of high school and can describe the periodic table but can’t describe the stock market,” Van Court said. “We have a capitalistic society that depends upon the understanding of the infrastructure of capitalism in order to build wealth, yet all we teach them is to go out and get a job.” 

At the middle school, Jeff Clark, the principal, said students are already learning to invest their money in their financial education program and that the Goalsetter program will be another “super exciting enhancement.” 

Source link

Related Posts
How US schools punish Black kids | 2020 Election
How US schools punish Black kids | 2020 Election

For the 50 million kids who attend public schools in the US, the 2020 election is personal. Watch more 2020 Read more

Jackson State University Receives $1 Million from FedEx to Help Students and Provide COVID-19 Relief
Jackson State University Receives  Million from FedEx to Help Students and Provide COVID-19 Relief

FedEx Corp. just agreed to give Jackson State University over the next five years to support educational opportunities and employment equity. Read more

SCARY TEACHER – Shiloh and Shasha – Onyx Family
SCARY TEACHER – Shiloh and Shasha – Onyx Family

#ad Learn more about Google Lens at https://goo.gle/onyx! Shalom needs help with her homework and even her parents can't figure Read more

NYC public school asks parents to ‘reflect’ on their ‘whiteness’
NYC public school asks parents to ‘reflect’ on their ‘whiteness’

A New York City public school principal has asked parents to “reflect” on their “whiteness” passing out literature that says  Read more

The Faceless Man vs Shiloh and Shasha – Onyx Kids
The Faceless Man vs Shiloh and Shasha  – Onyx Kids

The Faceless Man vs Shiloh and Shasha - Onyx Kids The Faceless Man is trying to get some shut eye Read more

HOT VS COLD CHALLENGE – Shiloh and Shasha Onyx Kids
HOT VS COLD CHALLENGE – Shiloh and Shasha Onyx Kids

HOT VS COLD CHALLENGE - Shiloh and Shasha Onyx Kids Shasha is super cold, but Sinead is super hot in Read more

Homeschooling Be Like (ZOOM FAIL) – Onyx Family
Homeschooling Be Like (ZOOM FAIL) – Onyx Family

Homeschooling Be Like (ZOOM FAIL) - Onyx Family Homeschooling with zoom gets a little crazy if you don't get the Read more

CRAZY MANNEQUIN vs Shiloh and Shasha! – Onyx Kids
CRAZY MANNEQUIN vs Shiloh and Shasha! – Onyx Kids

CRAZY MANNEQUIN vs Shiloh and Shasha! - Onyx Kids Do you remember when that mannequin named Sarah wanted to marry Read more

Middle School Principal Cuts Student’s Hair After Teen Confesses To Being Ashamed Of His Hairline
Middle School Principal Cuts Student’s Hair After Teen Confesses To Being Ashamed Of His Hairline

Jason Smith, a middle school principal in Indianapolis, Indiana, is receiving praise after cutting the hair of an eighth-grader who felt ashamed Read more

Gunmen Kidnapped 317 Girls From Secondary School In Northwest Nigeria
Gunmen Kidnapped 317 Girls From Secondary School In Northwest Nigeria

Unidentified gunmen kidnapped 317 girls in northwest Nigeria on Friday, continuing a troubling trend in the country which has been Read more

Shasha and Shiloh GET A NANNY! – Onyx Kids
Shasha and Shiloh GET A NANNY! – Onyx Kids

Shasha and Shiloh GET A NANNY! - Onyx Kids These children have WONDEROUS singing voices, but they choose to be Read more

DONT Water Slide Through The Wrong MYSTERY BOX! – Onyx Kids
DONT Water Slide Through The Wrong MYSTERY BOX! – Onyx Kids

DONT Water Slide Through The Wrong MYSTERY BOX! - Onyx Kids Get your Onyx Kids School Dayz Book 1!: https://amzn.to/2KAoUTb Read more