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YOUNG MONEY Announces Strategic Partnership With ING DIRECT To Educate College Students On Smart Money Management.
ORLANDO, Fla. -- YOUNG MONEY(R) announced a partnership today with ING DIRECT, a federally chartered savings bank and part of the ING Group, one of the largest financial services companies in the world.
ING DIRECT will be the exclusive sponsor of the YOUNG MONEY magazine investment editorial department for the summer and fall 2002 issues, as well as the investment content channel on youngmoney.com. This will include ING DIRECT providing editorial content on savings topics for the magazine and Web site that addresses the unique needs of college students, as well as four $25 Orange Savings Accounts(TM) per month to randomly chosen registered members of youngmoney.com.
"We are thrilled to partner with ING DIRECT as they represent a natural connection with YOUNG MONEY," said Todd Romer, Director of Business Development. "Their high-interest Orange Savings Account(TM) with no fees and minimums is great way for young adults to begin a savings and investment plan. We share the same passion for encouraging young adults to be financially responsible and the commitment to helping them prepare for a sound financial future."
For the summer 2002 issue, ING DIRECT has provided quick tips to help college students graduate with some cash in their pockets, including advice on preparing a budget, suggestions for managing earnings from that part-time job, and the benefits of a high-interest savings account. For example, if a student saves just $100 and puts it into a savings account earning an annual percentage yield of 3% and adds just $100 per month, this will grow to $14,269.35 in just ten years.
"Through our YOUNG MONEY partnership, ...
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Source: HighBeam Research, YOUNG MONEY Announces Strategic Partnership With ING DIRECT To...