Kevon Chisolm and his 16-year-old son Kamari are the non-profit founders of Junior Wallstreeters, Inc. For the fourth consecutive year in a row, the pair are providing children with online summer camps. Their camps are excellent for preventing learning loss and provide students with fun environments in which they can learn wealth-building concepts with other students who share their interests.
One of the courses, Junior Wallstreeters, teaches financial literacy skills and financial wellness.
“In addition to topics like budgeting, banking, and investing in the stock market, our camp goes beyond others by exploring community wealth building through investment clubs,” Chisolm told Black News.
He adds, “Our goal is to teach financial education to address the wealth gap by showing young people how to properly use money as a tool.”
According to recent calculations made using data from the Federal Reserve, only 34% of African American households and 24% of Latino households owned stocks, whereas 61% of white households did.
Kevon and Kamari are of the opinion that financial literacy at an early age is one way that African Americans and Latinos can address this disparity. These camps are for all underserved communities, not just African Americans.
How long does the camp last?
Between June 26 and August 4, the Financial Literacy and Investing Camp will meet almost every two weeks for six weeks, from 10:30 a.m. to 3:30 p.m. EST, with a one-hour lunch break in between.
Students must be between the ages of 12-21 and have a computer with Internet access. The cost of the two-week camp sessions is from $300 to $325.
How to register for Junior Wallstreeters
Junior Wallstreeters is part of Black WallStreeter Consultation Services. Limited spaces are available. You can register for all the sessions at https://form.jotform.com/230357645412150