For many youth, financial literacy can feel overwhelming, especially when they’re already navigating homelessness. When you’re focused on where you’ll sleep or how to get to school, learning how to manage money can feel out of reach. That’s why partnerships like the one between HYC and WaFd Bank are so important.

During Financial Literacy Month, we’re proud to highlight WaFd Bank volunteers Rita Kemp, Assistant Vice President and Branch Manager–Glendale, and Chelsea Seamans, Branch Manager Camelback, who have been working directly with HYC youth to make financial education practical and engaging. After connecting with HYC in 2024, their team began supporting youth through donation drives and interactive financial literacy sessions tailored to what youth want to learn.

Making Money Lessons Fun

“I didn’t want it to feel like a class,” Rita said. “I wanted it to be engaging.”

One favorite activity is a budgeting game using jellybeans. Youth “pay” for real-life expenses like rent, utilities, and insurance while deciding what to spend on wants versus needs. During the game, some youth chose to skip things like renter’s insurance to “save” their jellybeans for wants, sparking fun (and eye-opening) conversations about why those protections matter in real life.

“As a kid, you don’t always realize the full picture of adult responsibilities,” Rita shared. “You might have a car—but then there’s gas, insurance, and maintenance. It all adds up.”

She also teaches practical skills like filling out checks, managing a checking account, and starting a small savings habit. And yes, snacks help keep everyone engaged.

Building Confidence for the Future

Beyond teaching concepts, Rita wants youth to see the bigger picture.

“I hope they walk away knowing the basics of banking—how to manage a checking account, build savings, and start small, even saving $5 at a time,” she said. “We talk about building credit and why it matters—like being able to buy a home one day or qualify for a good interest rate,” she explained. It’s about helping them understand how the decisions they make now can impact their future.”

Youth with Big Goals

Rita has been especially inspired by the youth she has met. “Each young person has their own vision for independence,” she shared. “That’s amazing to see.”

One youth already had a strong understanding of retirement planning. Another shared their goal of purchasing land and eventually owning a mobile home, asking thoughtful questions about how to make that happen.

“It’s about giving youth the guidance, tools, and resources so when they want to make big financial decisions—like buying a car—they’re prepared,” she shared. “Financial literacy is important for everyone.”

Through partnerships like this, HYC youth aren’t just learning about money; they’re gaining confidence and skills to make informed decisions and build stable, independent futures.

Interested in Volunteering? Join us in making a difference! For opportunities to get involved, contact Kate Blosser at kblosser@hycaz.org