Thursday, November 01, 2007

Hip-Hop Summit on Financial Planning

The Hip-Hop community is offering some well-tuned advice about money, housing and financial empowerment. The Hip-Hop Summit Action Network (HSAN) is on tour and will be in Atlanta on November 3.

Here is the release I received about the Oct. 20 financial summit in Miami:

"With the recent housing market crash affecting the economy, jobs, student loans and consumer confidence, young people need some sound financial advice on how to best manage their money and navigate through this volatile economic environment.

Hip-Hop mogul Russell Simmons: "With the proper education and information about financial literacy, a young person today can work hard and still be successful, even during the current economic environment. Hip-hop is about creating and maximizing opportunity. It is about transforming the American dream into a living reality.

Our "Get Your Money Right" Hip-Hop Summits are about helping young people empower themselves with the basic tools of financial empowerment."

"The opportunity to live productively begins with a plan that mandates personal financial responsibility," said Johnny Furr, Vice President of Urban Marketing and Community Affairs for Anheuser-Busch, Inc. "We consider it a real benefit to support HSAN's mission to provide young people with the tools, knowledge and inspiration they need to begin creating the futures they want tomorrow, today."

The Hip-Hop Summit on Financial Empowerment is a grassroots effort to help engage young people in discussions about the importance of personal finance.

"How we as consumers manage our money determines our credit worthiness, provides us with access to financial tools, such as mortgages and affects our overall quality of life," said William F. Jones Jr., Chief Operating Officer -- Chrysler Financial. "At the Summit our employee volunteers will empower participants to make good financial choices that will benefit them for a lifetime because it is easier to establish good credit initially than to repair bad credit later."

The "Get Your Money Right" agenda features an interactive panel discussion on financial literacy, including such topics as the basics of banking, repairing and understanding credit scores, asset and wealth management, vehicle financing and home ownership.

The Hip-Hop Summit on Financial Empowerment's "Get Your Money Right" International Tour, now in its third successful year, brings together the powerful combination of hip-hop stars and Chrysler Financial experts to speak to students and community members about the importance of financial literacy.

The tour will utilize the "Get Your Money Right" workbook, produced and distributed by HSAN in both English and Spanish and given to all participants.

The workbook is free and is also downloadable at .

Participants include: Joining HSAN Co-Chairmen Russell Simmons and Dr. Benjamin Chavis in Miami: hip-hop legend Trina, actress Gabrielle Union, R&B/Pop stars Ne-yo and LeToya Luckett, Latin hip-hop artist Joell Ortiz, rappers, Belly, Huey, entrepreneur Michael Chatman and representatives from Chrysler Financial Keith Myricks and Leonard Martin.

Community partners for the Summit include Florida Memorial University, Historically Black Colleges and Universities Network, Miami Urban League and Barry University. The media partner for the Miami Hip-Hop Summit is JAMZ99 - WEDR-FM.

The 2007 "Get Your Money Right" tour will make one more stop in 2007 in Atlanta, Ga. on November 3."



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