Frances Watson recently opened her Promise Matched Savings Account, her first bank account in her own name. She has been working for several months as a dishwasher, and spends her money on her own essentials, as well as on clothes and coffee. However, she is committed to cutting back on her spending to put money aside in her savings account. Frances is looking forward to purchasing an iPad, a bike to ride to work, and maybe a computer.
Frances will also be participating in a weekly financial education group session at her school through Wisconsin Promise. She and some classmates will learn how to manage their money and be financially responsible.
Frances is setting a great example for her classmates already. We’re looking forward to seeing her continue to save and reach her goals!