President Bill Clinton talks financial literacy with at-risk youth in LA

LOS ANGELES (KABC) -- Former President Bill Clinton delivered a keynote speech about financial literacy to more than 5,000 at-risk youths at USC on Sunday.

The financial literacy training event was held at the USC Galen Center. Boys and girls ages 10 to 15 listened to the former President's advice.

"If you want to be powerful, if you want to live your dreams, if you want to get an education and make the most of it, you've got to know how to handle your money," Clinton said.

"Financial literacy is a very fancy term for saying spend it smart, don't blow it and save what you can," he added.

Former Los Angeles Mayor Antonio Villaraigosa also spoke at the event.