Today's economy especially warrants smart investment and an eye towards financial planning. Student entrepreneurs, students in general, and graduates tend to lack financial experience and knowledge. The ever increasing student debt, which is attributed to taking out loans, paying for apartments, and spending money outside of the home is difficult for the young adult to understand. Coming up with a long-term plan is hard enough for the student let alone the financial way in which they are actually going to afford everything. That is why Steven McDonnough, a student from Virginia Commonwealth University, started Wyndham Financial Group, LLC. The business and student venture may be like many other finance firms except that it targets the young professional desiring a future with financial security:

"Wyndham Financial Group, LLC, is a full-service financial planning and tax accounting firm. The purpose of Wyndham Financial Group is to help meet the increasing demand for integrated financial services by a growing number of underserved young professionals. Our vision is to be the premier firm developing relationships, championing trust, and providing innovative financial solutions to make quality financial services accessible to all individuals, especially young and upcoming professionals who are just beginning their long-term financial journey."

The young professional, depending on their background will be within the spectrum of very knowledge about financial matters to very unknowledgeable. However, fortunately for either on opposite sides of the spectrum WFG will help them both with financial planning. The great thing about this student venture is that it is started by a student who is more likely to understand the plight of the young professionals because the founder is himself young and in touch enough to understand the needs. By perfecting their approach to "young and upcoming professionals", WFG could be a great financial planning firm for any professional, despite financial ignorance or fear.

To see more details about these businesses you can login at StudentBusinesses.com to view full business plans for these and other top startups around the country.

Labels: student startup, studentbusinesses.com, wyndham financial group

Posted at 4:27 PM