Truist Launches "Truist Life, Money, and Choices(TM)" Financial Education Program for High School and College Students
Immersive experience designed to provide participants with realistic financial scenarios, choicesCHARLOTTE, NC / ACCESSWIRE / April 30, 2024 / Truist Financial Corporation (NYSE:TFC) is proud to announce the launch of Truist Life, Money, and …
Immersive experience designed to provide participants with realistic financial scenarios, choices
CHARLOTTE, NC / ACCESSWIRE / April 30, 2024 / Truist Financial Corporation (NYSE:TFC) is proud to announce the launch of Truist Life, Money, and ChoicesTM - its new, financial education program for community organizations tailored specifically for high school and college students. This initiative is aimed at empowering younger generations with financial lessons and essential skills to navigate their financial futures.
With the increasing complexities of the modern financial landscape, Truist recognizes the critical importance of equipping young adults with the knowledge and tools necessary to make informed financial decisions. But with only 25 states requiring high school students to take a personal finance course, many young people are entering adulthood without real-world financial skills. Truist Life, Money, and Choices will provide students with comprehensive resources and interactive learning opportunities designed to enhance their understanding of key financial concepts-all free through community organization partners.
"As we close out National Financial Literacy month, we are thrilled to launch this initiative, which directly aligns with our purpose to inspire and build better lives and communities," said Truist Chief CRA/Community Development Officer Anthony Weekly. "By investing in financial education for students, we are laying the foundation for a more financially responsible society while providing our own Truist teammates with powerful ways to give back to their communities."
Truist Life, Money, and Choices, which kicked off with a session at Southeast Raleigh Magnet High School earlier this month, is a scalable, in-person, free training module that gives participants the opportunity to explore different financial strategies and understand the consequences of their choices. Hosted by schools and other community organizations, and facilitated by Truist teammates, the simulation features up to 12 learning stations, each representing a different set of expenses and choices.
Lesen Sie auch
Each participant is assigned a personal financial profile outlining his or her occupation, income and family composition, along with a transaction ledger to record financial transactions. With their profiles and ledgers in hand, participants make their way through each station, receiving guidance and support from Truist teammates, and making their own decisions. The stations cover common expense categories, including: