Truist Launches "Truist Life, Money, and Choices(TM)" Financial Education Program for High School and College Students - Seite 2

• Acts of Care - giving back to community and loved ones
• Banking - maintaining and adding to savings
• Childcare - daycare, babysitting and more
• Education - student loan repayment
• Food and Grocery - food costs and eating out
• Health and Wellness - healthcare costs, inclusive of any employer-provided insurance options
• Housing - renting vs. owning, insurance and maintenance
• Just for Fun - pets, fitness, hobbies and more
• Looking Good - hair, clothing, footwear
• Making Ends Meet - earning additional income or lowering expenses
• Transportation - various options for transportation including cars and public transit
• Utilities - electric/gas, water/sewer, trash

At some point as they progress through the simulation, each participant will receive a "Life Happens" scenario that represents an unexpected financial situation. Working alongside Truist facilitators, participants will determine if the scenario represents a credit-such as getting a promotion and raise, or a debit-like needing to replace a broken cell phone screen, and record it appropriately in their ledger. Both the stations and the "Life Happens" scenarios help students develop practical skills and understanding that are vital for long-term financial success.

At the end of the training, participants will gather to debrief on key learnings and provide feedback on the simulation. This will be accompanied by an overview of key budgeting principles they can apply to their own financial decision making. Truist facilitators will also help connect students to additional resources and tools, such as Truist Money & Mindset content, so participants can continue their journey toward financial confidence.

Truist invites high schools, colleges and other community organizations to participate in this transformative program and take advantage of the valuable learnings it offers. Any organizations interested in hosting this training can reach out to [e-mail].

To learn more about how Truist invests in communities, please visit www.truist.com/purpose/community.

About Truist
Truist Financial Corporation (NYSE:TFC) is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist has leading market share in many high-growth markets in the country and offers a wide range of products and services through our retail and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $535 billion as of March 31, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

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Media Contact:
Kristen Fraser, Truist
[e-mail]

View additional multimedia and more ESG storytelling from Truist on 3blmedia.com.

Contact Info:
Spokesperson: Truist
Website: https://www.3blmedia.com/profiles/truist
Email: [e-mail]

SOURCE: Truist

View the original press release on accesswire.com


The Truist Financial Corporation Stock at the time of publication of the news with a raise of +0,11 % to 35,72EUR on Tradegate stock exchange (29. April 2024, 22:26 Uhr).