Though a lack of financial literacy skills is all too common in the general population, it is more acute in the Black community. But even more acutely lacking is the understanding that developing such skills can lead to a career with substantial monetary rewards.
Point Park University and its Director of Academic and Economic Development Herman Reid are addressing that issue. Thanks to a $1 million grant, the university established its Urban Accounting Initiative, a unique feature of which is Reid’s Building Our Leaders Daily program, or BOLD.
The program connects middle-school students attending urban schools with professionals having similar upbringings backgrounds as an aid to helping students discover the many career pathways in the fields of accounting and finance. It also offers guidance on interview skills, work habits, time management, money management and other life skills.
On April 30, BOLD celebrated its second year and honored its students, mentors and partners with a dinner emceed by KDKA-TV reporter Harold Hayes and featuring a keynote address by Paulo Nzambi, executive vice president and COO of Manchester Bidwell Corporation.