Jim Jones Wants To Educate The Youth On Financial Literacy: 'I Didn’t Have Any Mentorship In That Area As A Kid'
Photo Credit: Matthew Eisman

Jim Jones Wants To Educate The Youth On Financial Literacy: 'I Didn’t Have Any Mentorship In That Area As A Kid'

Jim Jones is on the list of rappers who have ventured into becoming businessmen.

And, while he’s building his acumen in the space as an adult, he’s advocating for the younger generation to tap into financial literacy as soon as possible.

Spreading Knowledge Wealth

In his Mining Diamonds podcast — created by Steve Stoute’s UnitedMasters — the co-host shares gems and resources that he pushes for teens and young adults to learn about.

According to HipHopDX, when growing up, Jones wishes he had access to the financial knowledge and tools that the youth can now grasp in today’s world including from his podcast — which is co-hosted by Nakia Booth and Beef Jones.

“I didn’t have any mentorship in that area as a kid,” Jones told the outlet in a recent interview. “All I knew was money is what I needed to get what I want, and I used to hustle and bustle to get some money. It’s very important for people to be financially literate and at least understand what a dollar can do and how to make a dollar because we didn’t have that coming up.”

Jim Jones On The Power Of Exploring New Ways To Make Money

“Our idea of making a dollar was actually having to hustle for it and do things where the consequences wouldn’t be the ones you wanted to face,” Jim Jones told the outlet. “So now there’s a lot of different ways for us to make money that we need to explore that they weren’t telling us back then A major component is these cell phones and social media and the internet that opened our eyes up to a whole different type of money making tools, even all the way up to cryptocurrencies and NFTs. I’m making sure my people are equipped with some of the things they need to open businesses.”

Diving Into Cryptocurrency

As previously reported by AfroTech, Jones has had his hand in the crypto space. Last year, he minted the Capo Coin in partnership with Zaptheory in an effort to teach people how to enter the space, invest in his digital coin, and build wealth.