Oct 11, 2019

NGPF Podcast: Aleta Smith discusses the importance of financial education for foster youth

Aleta Smith has an incredible story of grit and determination to share in this NGPF podcast. She describes the money lessons she learned from her grandmother, the ambitious savings goals she set to pay for college and how she is giving back in her current role at Excite Credit Union. You will be inspired! 


  • 0:00~1:05 Introduction
  • 1:05~7:04 Aleta’s background
  • 7:04~11:27 From learning how to save to opening a secured credit card
  • 11:27~13:57 Attending community college 
  • 13:57~14:25 A word from NGPF
  • 14:25~15:37 Balancing a social life while being frugal
  • 15:37~18:20 First job out of college
  • 18:20~19:57 Approach to motivate students to think about money
  • 19:57~20:58 Conclusion


  • “I didn’t focus on buying the latest version of phones and I didn’t really buy anything. People thought I was very cheap but that was fine and I was okay with that because I knew that I had an ultimate goal. As I started saving and saw the number grow, it motivated me to save more and more. Once I got started, it just became a part of what I did.”


We now have over 200 podcasts in our library here! 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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