Cursory: Kevon and Kamari Chisolm, founders of Junior Wallstreeters, Inc., are organizing online summer camps for children for the fourth consecutive year. The camps aim to provide financial education and wealth-building concepts to students, with a focus on African American history and culture.The camps offer basic financial literacy, cryptocurrency, and advanced stock analysis programs. The goal is to bridge the wealth gap by teaching financial literacy from a young age.
Kevon Chisolm and his 16-year-old son, Kamari, have established Junior Wallstreeters, Inc., a nonprofit organization, which is now hosting online summer camps for children for the fourth consecutive year.
These camps serve as an effective means to prevent learning regression while providing an enjoyable atmosphere for students to learn about wealth-building concepts alongside peers who share similar interests.
The program, named “Junior WallStreeters: Empowering Youth with Financial Wellness,” is designed to impart lifelong financial education skills and discipline to students through ten comprehensive lessons. These lessons specifically focus on African American history and culture.
Kevon comments, “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.”
According to recent analysis of Federal Reserve data, the ownership of stocks among African American households stands at only 34%, while for Latino households it is at 24%.
In contrast, 61% of white households own stocks. Kevon and Kamari firmly believe that one effective way to address this disparity is by promoting early financial literacy among African Americans and Latinos. It is important to note that these camps are not exclusively for African Americans but are open to all underserved communities.
A testimonial from a previous participant highlights the positive impact of the Financial Literacy Program led by Mr. Chisolm and Ms. Goslee. The participant expressed their enthusiasm for the program, which provided them with valuable insights into the stock market and equipped them with knowledge that will benefit them in adulthood.
The feedbacker also said that the program is tailored for children and teenagers, offering comprehensive lessons not only on the stock market but also on African American history, credit and debit cards, and insurance.
The participant further emphasized the significance of learning about insurance, an aspect that is often overlooked in traditional school settings. Their positive experience has left them eager to participate in more classes of this nature in the future.
In addition to the basic financial literacy camp from the last two summers, Junior Wallstreeters is offering the following: 1) Introduction to Cryptocurrency and NFTs; and 2) Advanced Stock Analysis and Advanced Investment Clubs. The financial literacy and investing session is a prerequisite for these advanced sessions.
The schedule for summer 2023:The Financial Literacy and Investing Camp will be held virtually every two weeks for six weeks between June 26th-August 4th, from 10:30am-3:30pm EST with a 1-hour lunch break. The Introduction to Cryptocurrency will be held from July 10th-14th from 10:30-3:30pm EST.
The Advanced Stock Analysis and Advanced Investment Clubs Camps will be held July 24th to August 4th from 10:30am-3:30pm EST. Each student that registers for the Introduction to Cryptocurrency and Advanced Stock Analysis summer camps will receive cryptocurrency and a gift card to purchase shares in a company.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. This fee includes an electronic student handbook and daily course access. Junior Wallstreeters have secured several scholarships for underserved students to attend the financial literacy and investing camps.
Kevon asserts: “We want to give as many students the opportunity to obtain a financial education regardless of their parent’s financial situation.” Families interested in obtaining a scholarship to attend the camp should visit the official website for the scholarship application.
Those that are interested in supporting the cause can sponsor a camper or make a donation at: https://donorbox.org/empowering-youth-with-financial-wellnessHow to Register:Limited spaces are available. You can register for all the sessions at https://form.jotform.com/230357645412150
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