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 »
Most young adults don’t buy into the idea that they will be able to save $1 million by the time they retire, according to a recent Wells Fargo study on millennials. And just six in ten of that same group have even started tackling saving for retirement.Read more...
New research from FINRA Investor Education Foundation’s Financial Capability in the United States 2016 report showed that Americans’ satisfaction with their personal finances has nearly doubled from 16% in 2009 to 31% in 2015. Unfortunately, the percent who are spending less than their income, and therefore have money to save, has not seen the same improvement.Read more...