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Truist Helps Bridge Financial Education Gap with Truist Life, Money, and Choices(TM)

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Truist launches Truist Life, Money, and Choices™, a free financial education program for high schools, colleges, and community organizations. The program features interactive simulation stations covering important aspects of personal finance, including budgeting, saving, investing, housing, transportation, and healthcare. Launched at Southeast Raleigh Magnet High School in April 2024, the program provides participants with realistic profiles and scenarios to make financial decisions. Students work with Truist facilitators to manage expenses and navigate unexpected financial situations, followed by debriefing sessions and access to additional resources like Truist Money & Mindset.

Truist lancia Truist Life, Money, and Choices™, un programma gratuito di educazione finanziaria per scuole superiori, università e organizzazioni comunitarie. Il programma presenta stazioni di simulazione interattive che coprono aspetti importanti della finanza personale, tra cui budgetizzazione, risparmio, investimento, abitazione, trasporto e assistenza sanitaria. Lanciato presso il Southeast Raleigh Magnet High School nell'aprile 2024, il programma offre ai partecipanti profili e scenari realistici per prendere decisioni finanziarie. Gli studenti collaborano con i facilitatori di Truist per gestire le spese e affrontare situazioni finanziarie inaspettate, seguite da sessioni di debriefing e accesso a ulteriori risorse come Truist Money & Mindset.

Truist lanza Truist Life, Money, and Choices™, un programa gratuito de educación financiera para escuelas secundarias, universidades y organizaciones comunitarias. El programa cuenta con estaciones de simulación interactivas que abordan aspectos importantes de las finanzas personales, incluyendo presupuesto, ahorro, inversión, vivienda, transporte y atención médica. Lanzado en la Southeast Raleigh Magnet High School en abril de 2024, el programa proporciona a los participantes perfiles y escenarios realistas para tomar decisiones financieras. Los estudiantes trabajan con facilitadores de Truist para gestionar gastos y navegar situaciones financieras inesperadas, seguidas de sesiones de análisis y acceso a recursos adicionales como Truist Money & Mindset.

Truist가 고등학교, 대학 및 지역 사회 조직을 위한 무료 금융 교육 프로그램인 Truist Life, Money, and Choices™를 출시했습니다. 이 프로그램은 예산 관리, 저축, 투자, 주택, 교통 및 건강 관리와 같은 개인 금융의 중요한 측면을 다루는 대화형 시뮬레이션 스테이션을 제공합니다. 2024년 4월에 Southeast Raleigh Magnet High School에서 시작된 이 프로그램은 참가자에게 현실적인 프로필과 시나리오를 제공하여 재정적 결정을 내리도록 돕습니다. 학생들은 Truist 진행자와 함께 비용을 관리하고 예상치 못한 재정적 상황을 극복하며, 이후 debriefing 세션과 Truist Money & Mindset과 같은 추가 자원에 접근할 수 있습니다.

Truist lance Truist Life, Money, and Choices™, un programme gratuit d'éducation financière pour les lycées, les universités et les organisations communautaires. Ce programme présente des stations de simulation interactives couvrant des aspects importants de la finance personnelle, notamment la budgétisation, l'épargne, l'investissement, le logement, le transport et les soins de santé. Lancé au Southeast Raleigh Magnet High School en avril 2024, le programme fournit aux participants des profils et des scénarios réalistes pour prendre des décisions financières. Les étudiants travaillent avec des facilitateurs de Truist pour gérer les dépenses et naviguer dans des situations financières inattendues, suivies de sessions de débriefing et d'un accès à des ressources supplémentaires comme Truist Money & Mindset.

Truist startet Truist Life, Money, and Choices™, ein kostenloses Finanzbildungsprogramm für Schulen, Universitäten und Gemeindeorganisationen. Das Programm bietet interaktive Simulationsstationen, die wichtige Aspekte der persönlichen Finanzen abdecken, darunter Budgetierung, Sparen, Investieren, Wohnen, Transport und Gesundheitsversorgung. Das Programm wurde im April 2024 an der Southeast Raleigh Magnet High School gestartet und bietet den Teilnehmern realistische Profile und Szenarien für finanzielle Entscheidungen. Die Schüler arbeiten mit den Trainern von Truist zusammen, um Ausgaben zu verwalten und unerwartete finanzielle Situationen zu bewältigen, gefolgt von Nachbesprechungen und Zugang zu zusätzlichen Ressourcen wie Truist Money & Mindset.

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  • Launch of free educational program expanding Truist's market presence in educational sector
  • Strategic community engagement initiative strengthening brand recognition
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Program seeks to empower younger generations with essential skills to help navigate their financial futures.

NORTHAMPTON, MA / ACCESSWIRE / November 1, 2024 / Today, only half of U.S. states require financial literacy courses in high schools. Truist is helping bridge the gap with Truist Life, Money, and Choices™, a comprehensive financial education program offered free of charge in high schools, colleges, and community organizations.

The program is a scenario-based simulation designed to engage young adults in an exploration of different financial strategies and the impact of their choices.

The new program launched at Southeast Raleigh Magnet High School in North Carolina in April 2024. Sharon Manning, a career development counselor in North Carolina's Wake County Public School System, appreciates the value of this hands-on approach. "Students come in with one set of priorities-like having the nicest car-and shift to their needs," she says. "They understand that it's okay to splurge if you have a clear reason and know where you're going to cut back."

How Truist Life, Money, and Choices™ works:

  • Interactive simulation stations: The program features up to 12 learning stations, each representing a critical aspect of personal finance-budgeting, saving, investing, paying for housing, choosing transportation, healthcare costs and coverage, and more. "These stations allow students to actively engage with financial concepts," Manning says. "They're able to see firsthand how each decision impacts their overall financial well-being."

  • Participant profiles: Each student receives a profile that includes information about their job, income, education, and family. "These profiles are realistic and relatable," Manning says. "Students can view themselves as a police officer, bank teller, or construction worker and help connect the simulation to their real lives. The program also helps build career awareness."

  • Making financial decisions: Using their profiles, students work alongside Truist facilitators to manage expenses, pick where to live, figure out how they'll get to and from work or other places with their transportation choices, and determine how they'll stay healthy. Along the way, students encounter scenarios called Life Happens, in which they address unexpected expenses like cracked phone screens.

  • Debrief: At the end of the experience, participants gather to debrief on key learnings and provide feedback on the simulation. The debrief is accompanied by an overview of budgeting principles they can apply to their own financial decision making. Truist facilitators will also help students connect to additional resources and tools such as Truist Money & Mindset, so they can continue building skills.

Manning cited the involvement of Truist teammate volunteers as a key component of the program's success. "Students tend to listen to professionals from the industry," she says. "Truist teammates bring expertise that really engages the students. The volunteers understood their assignment because they work in banking and finance every day."

Interested in bringing the Truist Life, Money, and Choices™ program to your high school, college, or community organization?

Please contact CRAinitiatives@truist.com

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

Contact Info:
Spokesperson: Truist
Website: https://www.3blmedia.com/profiles/truist
Email: info@3blmedia.com

SOURCE: Truist



View the original press release on accesswire.com

FAQ

What is Truist Life, Money, and Choices™ program and when was it launched?

Truist Life, Money, and Choices™ is a free financial education program launched in April 2024 at Southeast Raleigh Magnet High School, offering interactive simulation stations for teaching personal finance skills to students.

What topics does TFC's financial education program cover?

The program covers budgeting, saving, investing, housing costs, transportation choices, healthcare expenses, and includes 'Life Happens' scenarios for unexpected expenses.

How can organizations access Truist's financial education program?

Organizations interested in the program can contact CRAinitiatives@truist.com to bring Truist Life, Money, and Choices™ to their high school, college, or community organization.

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