wil-smith-nas-financial-literacy-1560516671
Getty Images

Will Smith And Nas Invest In App Promoting Financial Literacy For Teenagers

Will Smith and Nas are two of the big names who are reportedly investing in a new financial literacy app geared at teenagers.

Step is reportedly Apple-Pay integrated, and aims to promote the importance of setting financial limits and providing guidelines so that young people can learn more about saving.

“Schools don’t teach kids about money,” Step co-founder and CEO CJ MacDonald said of the app. “We want to be their first bank accounts with spending cards, but we also want to teach financial literacy and responsibility. Banks don’t tailor to this and we want to be a solution, teaching the next generation of adults to be more responsible with money in the cashless era.”

Per Techcrunch, the app itself enables teens to access bank accounts that do not come with a minimum balance or fees, and provides tips on how to manage money. It is led by Stripe, and saw backing from Will Smith’s Dreamers fund and Nas, raising just under $30 million in funding.

“To that end, Step has been marketing directly to its future users, doing viral things like incentivizing sign-ups by giving users a dollar towards their bank accounts (when they come online) for each person that gets referred and also signs up using a person’s code,” writes Techcrunch.

“Teenagers under 18 will even be able to sign up for accounts without parental or guardian consent — although these accounts with be very limited in their functionality.”

From the Web

More on Vibe

Getty Images

Boosie Badazz Defends Bill Cosby, Slams Harvey Weinstein In New Video

Boosie Badazz has never strayed away from making controversial comments, and his recent ones defending the incarcerated Bill Cosby are no different.

Mr. Wipe Me Down took to his Instagram page to discuss his beliefs that the man formerly known as “America’s Dad” should be a free man. Cosby is currently serving a three to 10-year sentence for three counts of aggravated indecent assault.

"Ay check this out, y'all better wake up this racist a** motherf**kin' world," Boosie says in the video. "This armadillo lookin' b**ch Harvey Weinstein been f**kin' people 100 days ago, and he can pay for all the sh*t he did, all the f**kin' rapes he done did, but Bill Cosby couldn't pay for his sh*t. The Jell-O man had the money. That show you it's a racist motherf**kin' world."

He continues by stating that Cosby’s crimes when he was a man of a much younger age, and the only reason he was jailed for the crimes was because of the color of his skin.

Harvey Weinstein recently reached a multi-million dollar provisional deal with his accusers to settle his sexual misconduct civil lawsuits. Many of Weinstein’s accusers came forward in mid-2017 to discuss that the disgraced Hollywood producer acted inappropriately with them, which was one of the catalysts for the start of the #MeToo movement.

Watch Boosie’s video below.

 

View this post on Instagram

 

#freebill #isaidit HOW HE GET TO PAY BUT NOT BILL #popapeelfreebill #crackheadasshoes

A post shared by Boosie BadAzz (@officialboosieig) on Jun 24, 2019 at 7:51pm PDT

Continue Reading
Elsa

A Chicago Bartender Spat On Eric Trump And He Wasn't Sure Why

Eric Trump went to Chicago's Aviary cocktail bar Tuesday, (June 25) but instead of enjoying a drink, the 35-year-old said an employee spat on him.

Trump told Breitbart News the encounter was "disgusting" and was a bit taken back since he and his family promote "tolerance."

“It was purely a disgusting act by somebody who clearly has emotional problems,” Trump said. “For a party that preaches tolerance, this once again demonstrates they have very little civility. When somebody is sick enough to resort to spitting on someone, it just emphasizes a sickness and desperation and the fact that we’re winning.”

The woman was taken into custody by Secret Service but later released. The Chicago police department was on hand to deal with a "law enforcement matter.”

CPD was on scene and assisting the United States Secret Service with a law enforcement matter. Any and all inquiries regarding a federal protectee must be directed to the Secret Service. https://t.co/ecq5TaMiQ0

— Anthony Guglielmi (@AJGuglielmi) June 26, 2019

Trump's Chicago incident comes as his father's administration is being accused of keeping men, women, and children in concentration camps at the U.S.- Mexican border.

Continue Reading

Dreamville To Release Film On 'Revenge Of The Dreamers 3' Sessions

The Dreamville recording sessions at the start of the year left everyone curious.

For one, J. Cole's label is known for working solely amongst its artists, but word quickly spread that the roster was opening its doors to collaborate with artists and producers. Buddy, Smino, and T-Minus were just a few of the individuals present at the "camp," and now five months since the sessions, fans will get to see what went down.

Dreamville will release its Revenge: A Dreamville Film that will give a behind-the-scenes glimpse at how artists and producers tied to different labels and different sounds, came together with Cole's imprint to create the upcoming Revenge of the Dreamers III album.

The highly-anticipated project is set for release this year, and two of its singles have already arrived. In fact, the recently released "Down Bad" featuring Cole, J.I.D., Bas, EARTHGANG and Young Nudy, serves as background music for the film's trailer.

"I had this idea," 34-year-old Cole said in the trailer. "Let's go somewhere, lock-in and invite a bunch of outside producers and artists to come f**k with us and just make this album."

T.I. and Dreamville's Ari Lennox are just a couple of the artists that appear in the trailer aside from Cole. The film is set for release Tuesday (July 2), and will hopefully be able to hold fans over until the release of the long-awaited follow up to Revenge of the Dreamers II.

Continue Reading

Top Stories