Intelligence

Celebrate Financial Literacy Month with 21 Savage

jasper_stanley

Jasper Stanley

Account Executive, UK

How much money you got? A lot. How many problems you got? A lot … but less now that 21 Savage is on a mission to improve the financial literacy of youth across America.

The Atlanta-based rapper, who is actually from the UK, found himself in a lot of hot water after overstaying his Visa. He was detained by ICE on this year’s Superbowl Sunday and remained in custody for the next nine days. Following his release, the “Bank Account” singer is putting his money where his mouth is with a newly-created financial literacy program called–yep, you guessed it–Bank Account.

The campaign aims to provide teens across the country with the necessary resources to learn about finance. To do so, 21 Savage teamed up with Juma and Get Schooled, two non-profits that promote education and success among at-risk youth. Together, the trio hopes to arm kids with the tools and knowledge to combat predatory credit card companies and high-interest loans.
In an interview with Billboard, Savage explained that although he has a hit song called “Bank Account,” he actually knew virtually nothing about bank accounts growing up.

“As I have gotten smarter about financial management, I realize how empowering it is to control your money rather than be controlled by it,” Savage said. “I want to help kids with a background similar to mine to get smart about their money.”

Watch the video about the program below:


Savage took it a step further when he promised to bring 150 jobs to his home (ish) town of Atlanta through the non-profits, which offers employment training and opportunities for teens at entertainment and sporting venues across the United States. The rapper will act as an advisor, or as he calls it, the “Money Making Mentor” for the program, offering monthly tips on how to best manage money.

For those who see this as a publicity stunt post-arrest, hold your judgment. Savage has been working with Get Schooled for the last few years, donating $1,000 each to 21 students nation-wide open bank accounts.

“We need to start, like, introducing them to this type of stuff at younger ages so that by the time they’re grown, they already got it down pat,” he told Mic in 2018.

As for his deportation, it seems 21 Savage and his mission to improve the financial literacy of American teens is here to stay. He was released from an Immigration and Customs Enforcement center in mid-February and has applied for a U-Visa. His application is currently pending.

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