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Russell Simmons Takes Financial Tour to ATL

Tuesday, September 19, 2006
By: Kenny Rodriguez


Russell SimmonsRussell Simmons is determined to teach youngsters about financial planning and responsible spending.

The entertainment mogul stressed the importance of credit stability over buying jewelry during his Hip-Hop Summit Action Network tour in Atlanta’s Morris Brown College on Saturday.

“They don’t need to just pay attention to the bling,” he said. “Rappers spending countless money are on television. But in real life, these artists are very responsible with their money.”

Jermaine Dupri, Ludacris, Paul Wall, and several financial advisors were also on hand to speak about money management.

A 182-page booklet, written in English and Spanish, was given out to attendees, and it included lessons on home ownership, credit repair, entrepreneurship, and vehicle financing.


(21) Comments | Post a comment »



Real talk!!!!!
Posted by Hovito
How bout writing a book about the laws and commandments of. God and. Christ. This war is spiritual not financial or carnal. Babylon the great"america" will always find a way to get your money. But what i'm saying is... Don't let america get your mind and spirit. This is the problem. What makes a man want to spend $600k on a watch or $400k on a car... Or even more stupid, $10k on a pair of sneakers... Its a vain and unwise spirit that has been seduced by american culture to want to spend that type of hard earned money on materialism. Then come brag about it on cribs. When i was young... We didnt want anyone knowing even our last name... Let alone where e we live and what we drive. Now this generation is full of self glorification and boastfulness. So what we need is not a book on how to finance or repair credit... But a book on how to re-new your minds and bring you back to. God and. Christ so you wont fall into those type of lust anymore. It starts there. Righteous stand up!
Posted by Sair
The rich cats who sell us cigarettes & guns also go to church on sunday. So what you saying. Half the world aint christian, & cant relate to that talk
Posted by 10er
And why is that 10er. There used to be a time when brothers had knowledge of self and were concerned about thier spritual side of life as well. What happened to that. Have we sunk so low that all we care about is the $$$ bill. Life has to be more than about that. And i don't really care if half the world ain't hebrew israelites... Or christians then this message aint for them: this message is to the ones that are caught up and looking for a way out... Here's two verses out of the bible to get you on the right track. Epheians 5:15 and "revelation 18: 4" start with that. Also 10er i don't go to church on sunday... I go onfriday sundown to saturday sundown.... The true sabbath day that is written in the bible by.jesus. Christ. Righteous stand up!
Posted by Sair
I rather russell teach me how to make a million, and keep that religion talk at home. Cats been praying for yrs, what we need is financial power. I feel you on the god tip, but you dont gotta beat ppl over the head w/ it. Stop givin me fish homeboi, teach me how to fish!
Posted by 10er
I think the hip hop community needs something like this, well actually minorities in general.
Posted by Money Man
Be careful where you stack your riches 10er......i never saw a hearse with a uhaul behind it. And i doubt they put cats in the ground with a purse or wallet. And your right cats have been praying for years...following "men" rev. Do dirty and the rest of em.....whut sair is speaking on aint the same jumping, stomping, and yelling to be seen by men....you ever wanna find truth in religion you'll find it. I build my own personal relationship with god, ive been a brother with and a n*gga without..and along the way its been one person right there with me. And thats whut i believe.
Posted by kalliope4eva
Point is: why you expect russell to school us on god. Homey's a mogul, not a reverend. You dont ask health advice from your lawyer ... You looking for the right answers from the wrong ppl ... & money aint bad. Why evil ppl get to stack theirs, while us poor folk gotta be "humble" & broke. That makes no sense. ... Righteous ppl need financial instituions, cause lord knows them greedy rich folk aint giving us college grants!
Posted by 10er
And your point is correct...i was just responding to the religion point you were making. And i go hard for my paper too...why? because money is like the key to doors that i wanna open. Give a brother options...now my spirituality guides whut i do when i get thru those doors...its like my steering wheel. And money aint to root of evil...i believe that greed is. Aint nothing wrong with being wealthy or trying to be wealthy. But your point was taken....
Posted by kalliope4eva
You can have $$$ money bro, aint nothing wrong with it... But the minute you put money over your duties as a. God fearing man... You gonna be like that rich man that went to hell. What profit a man that if he gain the whole world but lose his own soul. And what can a man ransom for his soul... Ya understand. Sure__ get your paper right... But theres a time and season for everything. And right now this is not the time to be chasing $$$ dollars. Russell doing a world tour on finances... He should split some of that tour to educate people on coming back to the laws... Oh, my bad... Russell is a "budhist" lmao. Brother lost in the matrix man. Its a total distraction from what the chosen people of. God really need right now. Its time to get your spirit right. Point blank. Anything outside of that is pure commercialized vanity. Somebody got to counter this madness going on. Shout out to kalliope4eva.. Whats good. Righteous stand up!
Posted by Sair
Money is the new crack for my ppl..
Posted by southside
Get money and do the right things with your money is what he is saying. No need to get all religous. You gotta find the person who your worship yourself. Russell isnt a preacher. No need to preach righteousness. Thats not what he does. How can one man tell you about religion when he may not practice what you pracitce. Religion causes to much division among people anyway. Everyone pretty much beleives in the same maker but teach different. Thats not what he should be doing. You need to find out yourself who and what you want to worship if anything. Thats an idividual decision. But why not teach a man how to have his finances in order. Because no matter how religous you are. Last time i checked it didnt pay mortage or car notes or put food on the table. Thats just how i feel. I dont need no backlash.
Posted by Q-HEKTIK
Bad habbits are hard to break, and if you get into to the habbit of bad spending early...your just settin' yourself up for some hardships that could of been avoidable had you known better in the first place...so if russell simmons wants to shed some light on that, thats coo wit me.....atleast he tryin' to make an effective contrabution....
Posted by spiltmilk
I went there
Posted by Tha Undadog
Please stop. Blak athiesm fo'real. There is no god and no iam not lost. But let me stop preaching and doin' the same as some of yall just on the oppostie end of the spectrum. All in all poor black brown white and yellow people need not to be broke and humble, while the power-elites exploit the sh*t out of us, wake up on any "holy day" and pray to the same god. If u have ur faith and belive in christ and all that nonsense that was written manipulitated and dissementated by the same lineage of people you claim to be mis-guiding us than do you. But dont be tellin' folks to find their economic path through god. People to need the science on how to build wealth as well as righteous institutions, as well as exploring new ways to find a spiritual core. Save ur missionaryisms for ur the public-private life of you block and community. Or may i suggest reading weber, marx, fanon, or audre lord for some lessons on this god you love to follow and preach to spiritually, well as materially broke people. Uhuru & ya basta...isreal get the F*ck out of palestine. Power to hamas. There is still a war happening in afgahnistan for those that have forgotten...iraq isnt the illegal war going on. Excuse the tangent.
Posted by blakAtheism
Yo black... There is a judgement day when all will have to stand tall before the man and answer for thier actions... "a fool has said in his heart there is no. God... Knowing that one day he too must die...." think on that athiest! righteous stand up!
Posted by Sair
**two fingers up** to brother sair for finding a way to put. God. In caps.......lol.
Posted by kalliope4eva
Great job russell, the youth need to have guidance and a pathway the hip hop summit is providing just that. There are many broken dreams in the music industry and there many disappointments. Russell is saying you can achieve all that you want just be smart and educated and you will get to your mountaintop.
Posted by Barry Burls
I think the best way to make sense of this move by russel is to look at it through the context of who he is... If i go to get my car worked on the mechanic don't have to share his religious viewpoints w/ me... (in fact i prefer that he didn't if his views are "dogmatic"). I would expect that my breaks are right, my tires rotated or my oil changed though... Russel is a business man so i think it's cool that he teaching the shorties how to get their paper right and if he drop a gem on'em bout. God then that is even better, but not to be expected... Also i would not be quick to say the brother is in the matrix b/c he is a buddhist... Sair i usually agree w/ you on most of your points but i have to disagree there... Truth is all religions cause a schism amongst people yet the principles of each are sound... It's like holding a prism up to the sun... You will see all the colors of the spectrum yet the source (the son... Er.... Sun) is the same... As long as we believe that our way is".the.way" then the matrix has us.........
Posted by Sho Intel
Godfather of hip-hop will be in my town cincinnati this saturday and im excited i feel what dude is saying about religion my moms beleives in telling everyone about god and so do i .she would rather struggle and not worry about money and let god take care of her for the end of the world as we know it will be gone , untill that happens i feel ilke the guy who said get money and do right with it wealthy rich and poor fareal only one of these catogories will give you a false sense of saftey in the new world order. But what catogory will be present when god dismantles that think about it grizz
Posted by GRIZZ
I can't tell u how exited i am about this. I'm doing whatever i can to get the knowledge. 1luv
Posted by Kareem Gibbs

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