Planning Your Child’s Financial Future, Setting The Standard

April 18, 2011  |  

Michelle Thornhill is the Senior Vice President and African American Segment Manager at Wells Fargo/Wachovia. Michelle has over 15 years of experience developing consumer initiatives for diverse audiences in the financial services and non-profit sector. Michelle earned a Bachelor of Science from Virgina Polytechnic Institute and State University, a Master of Science in Administration from Central Michigan University and a Master of Public Administration from Harvard University, the John F. Kennedy School of Government. Michelle resides in Charlotte, N.C. with her husband and two sons.

Michelle Thornhill will provide personal finance tips to get you and your family on the right track when it comes to money management. This financial tip is sponsored by Wells Fargo.  Here’s Michelle Thornhill.

Wells Fargo is providing tips to help your children learn about money
management. At each stage in your child’s life, consider ways in which you can help them prepare for a successful financial future.

1.) When you have newborns, be sure to update your own health and life insurance policies to benefit them or even start a college fund.

2.) When your child gets older, start teaching them about saving, budgeting, and setting small financial goals that they can reach.

3.) Give teenagers more money management activities and teach them about how credit works. High school students can benefit from learning about financial aid, student loans, scholarship qualifications and salary ranges for different careers.

Set your children up for financial success tomorrow by setting the standard today.

For more financial tips and information, visit www.handsonbanking.org

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