'Moneywise' Host Offers Perspective on African American Study

Kelvin Boston, the executive producer and host of public television's longest-running multicultural financial affairs series, "Moneywise," offered his perspective on Prudential's study, "The African American Financial Experience." He concluded that some financial practices of African Americans prevent them from meeting their own financial goals. Specifically, he called on African Americans to reconsider their inclination to invest conservatively, borrow from their retirement plans, hold few financial products, and lack relationships with financial professionals.

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Kelvin Boston Discusses Study

"Understanding the opportunities and challenges to helping African Americans achieve their financial goals has never been more important."

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Bio of Kelvin Boston

Kelvin Boston is a respected financial journalist, public speaker and best selling author who the New York Times has referred to as an "out-spoken voice for economic empowerment." Kelvin Boston is the executive producer and host of the "Moneywise with Kelvin Boston" PBS series. "Moneywise with Kelvin Boston" is considered public television's (PBS) longest running multi-cultural financial affairs television series. He is also the President of Boston Media, LLC. the company that produces the "Moneywise" series. Kelvin Boston is the best-selling author of Smart Money Moves for African Americans (Putnam 1995). He also wrote Who's Afraid to Be a Millionaire? (Wiley 2006), and The Confident Millionaire audio book (Nightingale Conant 2006).

In 2003, Kelvin Boston was awarded the National Community Reinvestment Coalition's (NCRC) annual award for promoting economic justice. In 2005, Boston received the "Communicator of the Year" award from the National Association of Market Developers. Kelvin Boston's first one-hour public television special entitled Who's Afraid to Be a Millionaire? premiered on public television stations nationwide in 2007.

Since 2007, Kelvin Boston and the Moneywise In the Community outreach program provided financial seminars to more than 25,000 African Americans and military members in the United States, Japan, Europe and the Middle East. In 2009, Kelvin Boston's company produced the Moneywise Homeowner's Empowerment Special: Avoiding Foreclosure and the Moneywise New Homeowner's Empowerment Special: Dare To Own for public televisions. In 2010, "Moneywise with Kelvin Boston" started airing on the Armed Forces Television Network where it reaches more than 1 million military members and their families in 170 countries around the world. Kelvin Boston is a graduate of Lincoln University (Lincoln, PA) and a former regional financial planning manager for American Express Financial Advisors.

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