Hope Global Forums Gathers Business Leaders to Promote Financial Literacy,

Promoting a message of financial literacy and financial freedom, John Hope Bryant is mobilizing America’s most prominent corporate leaders to join the fight to secure “silver rights,” a term Bryant invented to describe the empowerment of economically disadvantaged minority and lower-income communities.

“I don’t know about you, but I’m sick and tired of being sick and tired,” Bryant declared in the last month at his participation in the Hope Global Forums, an annual gathering for his non-profit organization Operation Hope. “Our goal is that by the time your kids grow up, financial literacy is in school — kindergarten through college — as a requirement so that everyone learns the language of money.”

In this regard, Operation Hope 2021 began Financial Literacy for All, an initiative in partnership with companies like Walmart, Bank of America, Disney and many others.

Walmart President and chief executive Doug McMillon, co-chair of Financial Literacy for All and other initiative partners Delta Air Lines CEO Ed Bastian, PayPal president and CEO Dan Schulman, billionaire investor Tony Ressler and civil rights icon and former U.S. ambassador Andrew Young, were among the business leaders that joined Bryant in the stage of Hope Global Forums at the Hope Global Forums in Atlanta to discuss Silver rights as well as the benefits of financial literacy.

Financial literacy is a fundamental issue.

“We want all of our associates to understand how to manage their money,” McMillon declared during his exclusive chat with CNBC on Hope Global Forums. Hope Global Forums. “John Hope Bryant and I have teamed up to create Financial Literacy for All to focus on financial education.

“We think it’s a foundational issue for families and our country.”

The CNBC’s “Squawk Box,” ahead of the forum, Bryant described the event as “like the Davos for the working class, for the empowerment of the poor and the underserved.”

“We have the energy of making the economy work for all,” said the president. “Many attendees, the 4,000 delegates, are working-class folks with too much month at the end of their money.”

Operation Hope is focused on the wealth gap within the Black community as well as the disadvantaged communities and reducing the gap. In the 2nd quarter of 2022, the median white family-owned $1.27 million in assets, compared to $316,000 for an average Black family and $291,000 for those in the typical Hispanic family, as per the Federal Reserve Bank of St. Louis.

The non-profit is also committed to establishing 1 million Black-owned enterprises by 2030. It is an additional avenue to increase economic power and create wealth.

Bryant stated during the event that the silver rights movement must become the next stage in the civil rights movement and the worldwide movement for social justice that was born out of the murder of George Floyd.

“Social justice through an economic lens, you can do well and do good simultaneously.”

“To be something, we usually need to be able to perceive it first.

With the threat of a recession shortly and threatening, it’s crucial to understand finances and increase financial literacy, Troy Millings and financial advisor Rashad Bilal from”Earn Your Leisure” podcast “Earn Your Leisure” podcast advised forum attendees. They have over 100,000 followers on Instagram, primarily new investors within communities like the Black or brown communities.

“To be something, we often need to see it first,” Millings stated. “When people look at us setting up brokerage accounts, investing in entrepreneurship and forming companies, they see this as an opportunity for us to accomplish it.

“The mission is to educate people and show them how to do it.”

They advocated a long-term outlook on the value of financial information.

“Look five years, 10 years, 20 years from now,” Bilal stated. “That’s going to stop you from spending frivolously, that’s going to make you have emergency funds, that’s going to force you to save money for your retirement and your children’s education.”

In a conversation with Bryant Bishop T.D. Jakes, the senior pastor of the megachurch in Dallas, The Potter’s House, discussed the need for faith leaders to be active in the civil rights movement and the Silver Rights movement.

Jakes fervently advocates investing in real estate, particularly for young Black Americans.

“Home ownership is my Bible,” Jakes said to CNBC in the pre-fireside conversation. “You can accrue wealth in an appreciating asset.”

“The problem in our community is we are consuming depreciating assets,” the man said. “The younger generation today is not interested in owning a home because they want to be mobile.

“We are not trying to fix you, so you are immobilized. We are trying to fix you so you are empowered economically and aggregate wealth to pass to your children.”