Mountain Views News, Sierra Madre Edition [Pasadena] Saturday, April 14, 2018

MVNews this week:  Page A:9



Mountain Views-News Saturday, April 14, 2018 




(StatePoint) April is Financial Literacy Month, 
providing the perfect opportunity to actively engage 
kids on the topic of money.

“Even young children should learn about basic 
money concepts, like saving for a goal and 
spending only what you can afford,” says Alison 
Summerville, business administration executive 
and head of Corporate Citizenship at Ally Financial. 
“Building an understanding of basic money 
skills and good savings habits at a young age can 
positively impact your children by giving them 
a solid foundation that they can use to manage 
their finances at every phase of their lives.”

This month and beyond, consider the following 

Money Basics

Conceptualizing how money works can be challenging 
for kids, who may see you using credit 
or debit cards, buying things online, and even 
purchasing movies on televisions and mobile 
devices. Since many consumers rarely use cash, 
children may not realize when you are actually 
spending money.

Discuss the prices of various products and services. 
Explain how money can be spent only 
once, and that after buying something, a person 
needs to earn more money in order to buy something 
else. To teach this concept, play “grocery 
store” or other games that involve buying and 
selling items. Take turns being the cashier and 
the customer.

Start Saving

An allowance can be an opportunity to teach kids 
how to save. Having “give,” “save” and “spend” 
piggy banks is a simple but effective way to illustrate 
the three main uses of money and teach 
them about giving. Kids can practice math skills 
by tracking the amount saved for future spending 
on the things they want.

To maximize the benefits your child receives 
from saving money, you may want to consider 
a Uniform Transfers to Minors Act (UTMA) or 
custodial bank account. For example, those offered 
by Ally Bank, Member FDIC, require no 
minimum balance to open, and offer competitive 
interest rates and no monthly maintenance fees. 
When opening such an account, take time to discuss 
interest and other basic banking concepts.

Needs vs. Wants

Help your children learn the difference between 
needs and wants. Explain how you have to pay 
for needs like food, shelter and heat, before buying 
items that you want, such as toys and electronics. 
Help your children come up with a plan 
to save and spend their own money that takes 
into account their needs and wants.

Helpful Resources

Turn to free resources that your family can use to 
help teach kids financial concepts. For example, 
Ally, a digital financial services company, released 
“Planet Zeee and the Money Tree,” a book 
for parents and educators that uses a fun and futuristic 
story line to teach kids ages 6-10 basic 
financial literacy. Parents can visit allywalletwise.
com to download the book and play “What’s 
Zeee Answer?” an interactive game where players 
answer questions based on the concepts covered 
in the book. Additional resources for all 
ages are also available at

This April, take the time to plant the seeds of 
money mindfulness and boost your children’s 
financial knowledge.

Alverno Heights Academy

200 N. Michillinda Sierra Madre, Ca. 91024

(626) 355-3463 Head of School: Julia V. Fanara

E-mail address:

Arcadia High School

180 Campus Drive Arcadia, CA 91007

Phone: (626) 821-8370, Principal: Brent Forsee

Arroyo Pacific Academy

41 W. Santa Clara St. Arcadia, Ca, 

(626) 294-0661 Principal: Phil Clarke

E-mail address:

Barnhart School

240 W. Colorado Blvd Arcadia, Ca. 91007

(626) 446-5588 

Head of School: Ethan Williamson

Kindergarten - 8th grade


Bethany Christian School

93 N. Baldwin Ave. Sierra Madre, Ca. 91024

(626) 355-3527 

Preschool-TK-8th Grade

Principal: Dr. William Walner

website: www.

Clairbourn School

8400 Huntington Drive

San Gabriel, CA 91775

Phone: 626-286-3108 ext. 172

FAX: 626-286-1528


Foothill Oaks Academy

822 Bradbourne Ave., Duarte, CA 91010

(626) 301-9809 

Co-Principals Nancy Lopez and Diane Kieffaber

Frostig School

971 N. Altadena Drive Pasadena, CA 91107

(626) 791-1255

Head of School: Jenny Janetzke


The Gooden School

192 N. Baldwin Ave. Sierra Madre, Ca. 91024

(626) 355-2410 

Head of School, Carl Parke 


High Point Academy

1720 Kinneloa Canyon Road 

Pasadena, Ca. 91107 

Head of School: Gary Stern 626-798-8989


La Salle High School

3880 E. Sierra Madre Blvd. Pasadena, Ca. 

(626) 351-8951 website:

Principal Mrs. Courtney Kassakhian

Monrovia High School

325 East Huntington Drive, Monrovia, CA 91016 

(626) 471-2800 Principal Darvin Jackson


Odyssey Charter School

725 W. Altadena Dr. Altadena, Ca. 91001

(626) 229-0993 Head of School: Lauren O’Neill


Pasadena High School

2925 E. Sierra Madre Blvd. Pasadena, Ca. 

(626) 396-5880 Principal: Roberto Hernandez


St. Rita Catholic School

322 N. Baldwin Ave. Sierra Madre, Ca. 91024

Principal Joan Harabedian (626) 355-9028 


Sierra Madre Elementary School

141 W. Highland Ave, Sierra Madre, Ca. 91024

(626) 355-1428 Principal: Lindsay Lewis

E-mail address:

Sierra Madre Middle School 

160 N. Canon Sierra Madre, Ca. 91024

(626) 836-2947 Principal: Garrett Newsom

E-mail address:

Walden School

74 S San Gabriel Blvd

Pasadena, CA 91107 (626) 792-6166

Weizmann Day School

1434 N. Altadena Dr. Pasadena, Ca. 91107

(626) 797-0204

Lisa Feldman: Head of School

Wilson Middle School

300 S. Madre St. Pasadena, Ca. 91107

(626) 449-7390 Principal: Ruth Esseln

E-mail address:

Pasadena Unified School District

351 S. Hudson Ave., Pasadena, Ca. 91109

(626) 396-3600 Website:

Arcadia Unified School District

234 Campus Dr., Arcadia, Ca. 91007

(626) 821-8300 Website:

Monrovia Unified School District

325 E. Huntington Dr., Monrovia, Ca. 91016

(626) 471-2000 


Duarte Unified School District

1620 Huntington Dr., Duarte, Ca. 91010



Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: Website: