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Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. WNBA superstar Angel Reese and former NBA superstar Magic Johnson joined forces recently to create Wealth Playbook , a financial literacy program for high school students in Baltimore, MD. The program is a partnership between the Angel C. Reese Foundation, the Magic Johnson Foundation, and Pull Up Neighbor, an advertising firm focused on community outreach. Through the program, students will learn how to manage their money and build long-term wealth. The program is split between four sessions, with beginnings at Saint Frances Academy, Reese’s former high school in Baltimore. The first session was a lesson in budgeting, understanding credit, and basic money-management skills. There’s no denying that financial literacy classes are needed, but who really gets to benefit from them? Both Johnson and Reese have basketball in common, but they are also in a privileged position to have so many resources at...
If you’ve grown up in the digital age , you likely have some understanding of how unreliable information spreads across the net. Millennials far and wide have been inundated with enough YouTube troll comments, Nigerian prince emails and “free iPhone” pop-ups to build a healthy skepticism of internet browsing. Now, it seems that this learning curve has become a perennial part of growing up, as Gen Z and Gen Alpha are surmising that social media apps like TikTok are rife with terrible financial advice. New studies from researchers at Intuit Credit Karma estimate that over 77 percent of Gen Z kids are looking to influencers on the short-form video app for money management, while roughly 61 percent of millennials are doing the same on YouTube and Facebook . In order to understand just how damaging these financial words of wisdom can be to a growing audience of youngsters, lets take a moment to briefly run through the data, and see exactly where young people are being led astray. After...
The evolution of Migos has been one to watch in Hip-Hop over the years. Nearly a decade since being signed to Quality Control, the trio has yet to be knocked out of their spot. As previously reported by AfroTech, each member’s respective consistency has garnered them a combined estimated net worth of $80 million.