The Youth Development Department (YDD) is committed to helping young Angelenos and their families build strong financial futures. In partnership with trusted community organizations, we offer free, accessible, and culturally relevant financial literacy resources, from mobile learning tools to guides for immigrant families. Whether you're budgeting for the first time, planning for college, or managing a crisis, these tools are here to support informed, confident money decisions.
Financial Literacy Hub
The City of Los Angeles and SUMA Wealth have partnered to launch the L.A. Financial Literacy Hub, a new mobile-based platform bringing free, culturally relevant financial education directly to youth across Los Angeles. The hub meets young people where they are, offering real-world tools like short videos, budgeting resources, and downloadable worksheets, all accessible through the SUMA app. Whether you’re figuring out how to budget, build credit, or save for college, this hub gives you the knowledge and confidence to make smart money moves. Plus, youth who complete the modules earn a co-branded Certificate of Financial Literacy from the City of Los Angeles and SUMA Wealth. The L.A. Financial Literacy Hub is a project led by City of Los Angeles Councilwoman Monica Rodriguez and the Youth Development Department in partnership with SUMA Wealth.
To learn more or download the SUMA app, visit: https://sumawealth.com
Financial Guide for Immigrant Families Facing Deportation
The Financial Guide for Immigrant Families Facing Deportation offers practical, easy-to-follow steps to help families protect their finances and prepare for emergencies. It covers how to manage bank accounts, safeguard access to funds, assign power of attorney, and avoid scams. This guide also includes checklists for organizing critical documents, preparing legal custody arrangements for children, and ensuring property and businesses are secure. It's designed to empower immigrant families with the knowledge and tools to maintain financial stability, even in times of uncertainty. The Financial Guide for Immigrant Families Facing Deportation was created through a partnership between Councilwoman Monica Rodriguez and the Salvadoran American Leadership and Educational Fund (SALEF).
Download Guide in English Here
La Guía Financiera para Familias Inmigrantes Frente a la Deportación ofrece pasos prácticos y fáciles de seguir para ayudar a las familias a proteger sus finanzas y prepararse para emergencias. Cubre temas como el manejo de cuentas bancarias, la protección del acceso a fondos, la asignación de un poder notarial y la prevención de estafas. Esta guía también incluye listas de verificación para organizar documentos importantes, preparar arreglos legales de custodia para los hijos y asegurar que propiedades y negocios estén protegidos. Está diseñada para empoderar a las familias inmigrantes con el conocimiento y las herramientas necesarias para mantener la estabilidad financiera, incluso en tiempos de incertidumbre. La Guía Financiera para Familias Inmigrantes Frente a la Deportación fue creada a través de una colaboración entre la Concejal Monica Rodriguez y el Fondo Salvadoreño Americano para el Liderazgo y la Educación (SALEF).