South Los Angeles Saves
Across South Los Angeles and neighboring cities, people just like you are proving you can start small and think big. South LA Savers are setting financial goals, tracking their spending and taking control of their financial future. Our tips and tools can help you set goals, develop strategies to reach those goals, and start saving. Now is the time! Take financial action today! “Start small, think big” and make your dreams a reality.
Why Become A South LA Saver?
Saving is the cornerstone of financial stability and wealth creation. Saving will help you to build personal wealth and financial security for you and your family. Becoming a South LA Saver grants you access to our set of tools and timely information, but more importantly, connects you with a support system you can rely on as you navigate a course for savings success.
Building wealth starts when you set a goal and make a plan to reach that goal. Whatever goal you choose – whether it’s buying a car, buying a house, or getting out from under your debts – learn about proven savings strategies and get simple tips on the best ways to save. Click on the links below to learn how to:
- Get Out of Debt
- Save for a Home
- Save on Auto Purchases
- Save for Emergencies
- Save for Retirement
- Save for Education
Resources for Savers
Financial Information by Age Group
We are a coalition of nonprofit organizations, businesses, financial institutions, and government agencies working to promote saving through information, motivation, and action. We encourage good saving behavior throughout the community by motivating and supporting individuals and families to save money, reduce debt, and build wealth. South LA Saves recognizes that there is value in being as inclusive as possible and strive to add value to community, state-wide, and national initiatives that promote good financial behavior.
Recent Blog Entries View all »
The holidays are just around the corner, which means it’s time to enjoy vacations, catch up with family and friends, and eat great food. While the holidays are about quality time and making memories, it’s easy to get caught up with spending money. Here are five holiday mistakes to avoid this year so you can enjoy the season with your finances intact:Read more...
This article is provided by AARP.
No matter where you work or what you do for a living, balancing work and family can be tough. But when the question of money comes into play, both can get even trickier. The fact is, financial advice for working families tends to focus on the cost of raising children, rather than the costs of caring for aging loved ones or family members with disabilities in need of long-term care.
One in eight Americans provides care for a loved one facing illness, aRead more...
With open enrollment season comes cold calls from insurance companies and unsolicited voicemail ads. But it’s also your annual chance to revisit your employer benefits to determine which coverage is best for you and get the biggest bang for your buck. Here are some pointers to keep in mind while you select your benefits package for next year so you can have optimal coverage for yourself and your dependents.Read more...
By Lauren Minches, Actuary, Blueprint Income
Retirement has become more complicated ever since employers stopped offering traditional pensions. Even worse, there’s an endless barrage of products, advertisements, and commercials trying to “help” you get ready for retirement. There’s enough advice floating around to create thousands of different retirements.
Before deciding which product, investments, or plan is right, you should understand the basic principles and math behind a successful retirement. So here they are…Read more...