fbpx

We Need You!

Make A Donation

Donor Supporters

Elba Alonso de Ortega

I’m a lifelong resident of Alhambra and having a local newspaper, like Alhambra Source, is very important to me. It’s the only way to know the issues that will directly affect my day to day, where I live. That’s why I decided to support Alhambra Source with a monthly donation.

Efren Moreno, Former Alhambra Mayor

Thank you Alhambra Source for truly informing the residents of Alhambra.

Jeff Maloney, Alhambra City Council Member

The Source has become an important source for news, public interest, and serious journalism in our community. Keep it up!

Chris Olson

I support Alhambra Source as often as I can because I believe a free and independent press is vital to the democratic process. No other news outlet with high journalistic standards consistently covers the stories and issues that matter to our community.

Adele Andrade Stadler, Alhambra Mayor

The Source is a great independent newspaper that celebrates the communities and is not afraid to ask the tough questions!

Cliff Bender, Vice President, Alhambra Education Foundation

Alhambra Source is the ONLY independent news source covering the events, culture and government of our city. We need it to stay informed and aware!

Joyce & Oscar Amaro, Alhambra Preservation Group

We support Alhambra Source because this online news source is vitally important in engaging, informing and educating the residents of Alhambra.

Jose Aguayo

I support the Alhambra Source because journalism will always be part of that fourth branch of our democracy. The Alhambra Source provides me with news that helps me make informed decisions about issues that matter to me and my community. Thank you for the work you do.

Michael Lawrence, Alhambra Arts Commissioner

Keep bringing on the stories. The Source has given us so much and I am happy to donate to such an important part of our community.

Karsen Luthi

Thank you for creating Alhambra Source and providing timely reporting of important local news. Fight on!

Shirley Tatsuno

I support Alhambra Source for their detailed information about important Alhambra issues and compelling human-interest stories.

Tammie Leung

I support local news - it’s important to know what is happening in our communities.

Financial Literacy Workshop Hosts College Bound Students With Money on Their Minds

  • Students fill out budget worksheets at the Alhambra Source's "How Not To Be Broke" workshop. Photo by Phoenix Tso.

  • The Alhambra Source's "How Not To Be Broke" workshop taught college-bound students the best way to finance their education, earn and save money and build credit. Photo by Phoenix Tso.

  • Alhambra Mayor Adele Andrade-Stadler made opening remarks at the Alhambra Source's "How Not To Be Broke" workshop. Photo by Phoenix Tso.

  • Alhambra Source Project Leader Miguel Drayton discusses student loans at the "How Not To Be Broke" workshop. Photo by Phoenix Tso.

  • Royal Business Bank Sr. Vice President Mona Fontela leads a lesson on how to build credit at the Alhambra Source's "How Not To Be Broke" workshop. Fontela is also Director of Community Development and a CRA Officer for Royal Business Bank. Photo by Phoenix Tso.

Location

Alhambra , CA

Eager college-bound students with money on their minds. Add the Mayor of Alhambra with words of wisdom. Toss in some neat interactive Kahoot quizzes and you have the perfect alchemy for “How Not to Be Broke,” the Alhambra Source’s financial literacy workshop held last Saturday at the Iona Work Spaces.

Alhambra Mayor Adele Andrade-Stadler kicked off the workshop recalling her days growing up in Monterey Park. Her mom was a surgical nurse in the 1960s and she taught Adele and her siblings the importance of money.

“Every decision you make builds important skills and builds results,” she told the students. As much as anything, that comment reflected the overall theme of “How Not To Be Broke.”

The workshop, developed and led by Miguel Drayton, the project lead for the Alhambra Source, was co-sponsored and underwritten by Royal Business Bank. Drayton spent much of the morning session talking about various forms of student loans for colleges and detailing the advantages and pitfalls of many of the options. Budgeting was discussed and participants engaged in exercises on how to think about spending factoring in net income, gross income and expenses.

After lunch, Mona Fontela, Director of Community Development and CRA Officer for Royal Business Bank, led a discussion of money and credit. She offered sound tips on how to think about credit cards and how to establish a credit history, plus common traps that young people get into when starting their own credit histories.

Many of the students present will be off to college in the fall. Impressively, a large number of the attendees had been admitted to UC campuses. Some were the first in their families to attend college and several expressed appreciation for the chance to gain information from the workshop that they might not have received at home.

Our Video Producer Leah Chang covered the event. Watch her report here:

Independent journalism is a bedrock of democracy--and it's in crisis. Here at the Alhambra Source, we're committed to covering the local stories that matter most to you. We don’t have advertisers and we don’t have pay walls, but we do have bills. You read to the end of this story. That's great. But this kind of journalism will end without public support. Join us! Support the work and the democratic values it serves. Donate now!

The Alhambra Source encourages comment on our stories. However, we do not vet comments for accuracy or endorse links to posts in the comment section. The thoughts and opinions expressed belong solely to the author of the comment.

Leave a Reply

Subscribe to our

Weekly Newsletter