LATHRUP VILLAGE, Mich. –Michigan First Credit Union announced that Money Mentor, its new financial literacy program, is now delivering money guidance to young adults. Money Mentor is a free resource that provides fun blogs, videos, social media content and presentations to help young people learn to earn, spend, and save responsibly.
“Money Mentor offers valuable advice to help young adults make the most of their money at various life stages and feel confident in their financial decisions,” the credit union said. “The program delivers insight on planning for all of life’s big and small milestones, including graduating from high school, attending college, buying a first home or having a child. Michigan First developed Money Mentor to ensure a financial literacy resource is easily accessible for its members and the community to support them in making smart financial decisions.”
“Money management can be an overwhelming topic for young adults, especially if they haven’t received any financial guidance from family or through their education,” said Michael Poulos, Michigan First Credit Union president/CEO. “Michigan First created Money Mentor to fill this gap and encourage young people to take control of their finances now to lay a solid foundation for their future.”
Founded by Detroit educators more than 90 years ago, Michigan First said it has remained committed to increasing financial knowledge within its membership base and throughout Michigan. The CU previously offered money guidance through its “Young and Free Michigan” program, which Money Mentor replaces.
More information about Money Mentor and the program’s blogs, videos and financial tips can be found on MichiganFirstMoneyMentor.com.