Rolling Out

Summer Faussette of Comerica Bank drops gems for creating good financial health

What are some of those practical things that you do to intentionally build relationships?
Most relationships are all based on listening, communicating and understanding. And those relationships are crucial, especially in times like these, we have to dial in on these relationships and lean on one another. And some of the pieces are not just speaking with the thought leaders and our strategic community plans, but just also speaking with our community and listening to them to listen to their needs. We never know what our small businesses are facing, so we want to listen here and implement changes where we can change to make sure that the needs are being addressed.


Do you feel as if there are any areas of concern that you are specifically focusing on in assisting people of color as it relates to their business goals?
Being a Black-owned business, the number one goal, the issue, the problem, that’s been sustained for the last 100 years has been accessing capital. So with access to capital, though, there’s needs to be an understanding of money, how to get money, and then what to do with that money. So we provide a series of virtual small business boot camp sessions in collaboration with those various community partners that we spoke of.


What are three tips for good financial health?
Number one, utilize your resources, get mentored by people who do something that you want to do, that [are] where you want to be. The next point I would say is to set goals that are attainable. We all say we want to be a millionaire. What does that take? How do we get there? Set those goals, make them attainable and achievable for what you have. My third point would be to have people in your life that will celebrate your wins.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
Join our Newsletter

Sign up for Rolling Out news straight to your inbox.

Read more about:
Also read
Rolling Out