Newspaper article The Florida Times Union

Students Play 'The Apprentice' Game, Learn about Finance

Newspaper article The Florida Times Union

Students Play 'The Apprentice' Game, Learn about Finance

Article excerpt

Byline: John Carter

Some were fired and some were hired.

But all of them were meditating on money matters.

And that's the important part, said Clinton Bush.

He's a pastor and chief executive of the Institute for Financial Literacy and Economic Development based at the Beaver Street Enterprise Center downtown.

His group uses grants and money from sponsors to pick up the tuition tab for about 150 young people who take a 31-week financial literacy course.

During a recent fundraising event at a Northside Winn-Dixie, the students played their own version of The Apprentice.

Bush, as "Donald Trump," had teams competing in a contest he calls The Entrepreneurs.

The eight-member winning team brought in more than $300 and won a dinner at a nice restaurant. The losing team, which raised a little more than $200, will be eating at McDonald's.

The winning team will also be asked to produce an Institute for Financial Literacy theme song and other songs for a CD featuring local gospel hip-hop artist Blaclite.

The losing team will be heading to the proverbial "board room" where a team member will be fired by Bush (as Trump).

The Entrepreneurs competition was in good fun, Bush said, but had a serious purpose.

"We have to get these young people thinking about economics," he said. "That's the path to real opportunity and freedom.

He said financial illiteracy is a big problem in many low-income and minority neighborhoods.

"We have an epidemic on our hands," he said. "We have a huge gap when it comes to our young people understanding money. And it's one subject that can make a tremendous difference in their lives."

He uses Robert Kiyasaki's Cashflow for Kids board game to introduce them to the basics of money management and entrepreneurship.

Bush said he's also a big fan of positive reinforcement. …

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