“In the 20th century, the issue around the world was democracy, with Dr. King marching in the southern states, Nelson Mandela marching in South Africa, and Gandhi before them marching for justice in India. The issue was democracy, and without the vote you were a slave. Today, in the 21st century, the issue is global economics, and without an understanding of the language of money (financial literacy), and a bank account, you are still a slave. Today financial literacy is a global civil rights issue, and the first 21st century silver right.” — John Hope Bryant, founder, chairman and CEO of Operation HOPE and chairman of the subcommittee on the Underserved and Community Empowerment and U.S. President’s Advisory Council on Financial Capability
I am honored that John Hope Bryant took the time to provide his personal thoughts to this blog post, as he is one of the nation’s most respected financial literacy leaders. A couple of months ago, he tweeted that financial literacy is the civil rights issue of our time. There is strong quantitative support for this point of view.