Financial literacy is needed more for youth in the Black community, and this father-son duo is working together to launch a new summer program specializing in teaching more tools for investing.
Kevon Chisolm — founder and president of Black Wallstreeter Consultation Services — and his 13-year-old son Kamari have teamed up to create an online summer camp that shows Black teens the ways of investing, Black Enterprise reports.
Black Wallstreeter teaches teens financial concepts with an added emphasis on Black history and culture in a fun learning environment through a series of topics including “banking, budgeting, loss prevention, and stock market investments,” Chisolm shares with Black News.
According to Black News, the course titled “Junior WallStreeters: Empowering Youth with Financial Wellness” will teach students financial education skills and discipline through ten different lessons.
Chisolm, who witnessed how these same lessons transformed his son’s financial education, has an ultimate goal in mind to help other kids achieve that same level of understanding.
With the help of his father, Kamari has grasped the concepts of investing so well that he currently manages his own portfolio of stocks and ETFs, according to Black Enterprise.
“Simply put, our goal is to teach financial knowledge to eliminate the wealth gap by showing young people how to properly use money as a tool,” Chisolm told Black News.
The online camp is primarily taught by a high school teacher named Isaiah Cromwell, who helped develop the curriculum for the program.
Black Wallstreeter will be hosting their online summer camp for two weeks between July 13-24 from 11:30 a.m. to 3:30 p.m. Students between the ages of 14-18 are eligible to register and must have a computer with internet access.
The $250 fee for the summer program includes course materials such as an electronic student handbook, Junior Wallstreeters Envelope Budgeting System with tracking sheets, and a Stock Tracker Notebook, Black News reports.
To register for the online summer camp, click here.