21 Savage Talks The Importance Of Teaching Poor Kids About Financial Literacy
Yohance Kyles (@HUEYmixwitRILEY)
(AllHipHop News) Earlier this year, 21 Savage launched his "Bank Account" financial literacy education initiative. The Atlanta rapper's Leading by Example Foundation partnered with the Get Schooled non-profit organization for the campaign.
Mic Dispatch caught up with 21 in DeKalb County, Georgia. The 25-year-old entertainer discussed why he decided to focus on helping young people learn about banking, budgeting, saving, and credit.
"It’s a lot of poverty in our communities, like where I’m from. You can’t get taught how to manage money by somebody that’s poor," said 21. "They don’t teach you how to save your money or how to manage your money in school. I didn’t know nothing about bank accounts until I was probably about 23."
The Issa Album creator later added, "A white child, they be having their life already set up. Their parents set their life up: 'We’re going to give you this much money so you can do this. We’re going to give you this much money a week for allowance.' In black communities, we don’t really have that. It’s a lot of poverty in our communities, like where I'm from. You can’t get taught how to manage money by somebody that’s poor. So if your mom poor, she ain’t gonna be able to teach you how to manage money ’cause she poor."
This summer also saw 21 Savage host his annual free back-to-school giveaway for DeKalb County students. He told Mic Dispatch, "Kids shouldn’t have to go to school with nothing. I feel like everything else should be supplied at the school: paper, pens, everything. Parents shouldn’t have to worry about that type of stuff."
Music is still an important part of 21's brand as well. Fans of the Epic Records star could get a new full-length project soon. Savage recently sent out a cryptic tweet about "Octember."