A retired stockbroker is giving some elementary school students in Oakland a foundation in finance to break the cycle of poverty.
"They're getting a foundation, a foundation and exposure for finance," Val Chapman said.
The retired stockbroker wanted to help break the cycle of poverty among at-risk children. So, she founded Financial Literacy for Kid$ in 2020.
"They're learning about managing their own money, saving for college, building their own businesses, and they're having fun at it," said Chapman,
She teaches four classes a week at Franklin Elementary School in Oakland. Fourth and fifth-graders like Maurice Young manage their own simulated portfolios and share their moneymakers.
"Trump Media," said the fifth grader. "'Because he's going up $2."
They're also learning diversificat