Money Matters: $1M Donation to Financial Literacy Programs at LAUSD

18Apr
by La Comadre

It appears City National Bank will continue its tradition of donating to LAUSD financial literacy programs which began in 2019; last week they announced another three-year, $1 million donation. 

“Providing critical financial education tools to high school students is one of the most important ways City National can help to make our communities stronger,’ Kelly Coffey, CEO of City National Bank, said in a statement announcing the donation. ‘Teaching students important money management skills is crucial for them to make sound financial decisions needed to achieve their educational and professional aspirations.”

We think financial literacy is a fantastic idea that’s missing in most schools. Of course it’s important to know your algebra and geometry, but many BIPOC students will also be taking out student loans for college without always understanding the financial impact and loan terms. Hopefully this program can help in that regard, as well as teaching students about saving for retirement, the path to home ownership, and building credit. 

“To achieve success in college and beyond, we must teach students about money management skills and the importance of saving and spending wisely,’ LAUSD Superintendent Alberto Carvalho said in a statement. ‘We are grateful to City National for providing comprehensive tools and financial literacy lessons to help our high school students make responsible money management decisions.”

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La Comadre

We are Moms, Tias, Ninas and Play-Tias who love children in our lives and we want to help every child succeed in school. Navigating schools and education—from preschool to college—is hard. We want to help each other with this. We are all in this together with you. We want to be a resource for you and for all of the children you love. Whether you need some info or you have info to share, you know where to go…LA Comadre.

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