PHILADELPHIA (CBS) – NFL safety Malcolm Jenkins, who played for the New Orleans Saints and Philadelphia Eagles, takes on a new challenge. Jenkins teaches kids how to build wealth.
Jenkins and his foundation, the Malcolm Jenkins Foundation, will open 1,000 savings accounts for students in Pennsylvania, New Jersey, Ohio and Louisiana.
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The first deposit is $ 40.
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Jenkins told CBS Eyewitness News in Philadelphia that he is teaming up with Goalsetter to fill the racial wealth gap in America.
“When you look at education, criminal justice, health care, and everything else, money matters, doesn’t it? How are you financially? Financial freedom in education is a place, a journey that I have taken myself, but one that we see as a real solution to moving communities forward, not just the people who come through our programs, ”said Jenkins. “Around this time, as we were looking into financial literacy and financial freedom, we had an opportunity at Goalsetter, a company that aims to educate and invest kids about banking and savings as early as possible. We saw this as an opportunity to build a partnership. “
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Children cannot withdraw until they are 18 years old.