When we ask people what are the things that are most important to them? It's not uncommon to hear things like family, health, security. But what's most important to you? What do you find most meaningful? Time, career, education?
But the bigger question is, are these things in your money in harmony? When our values are not in alignment with our spending, it can cause some serious issues. People are struggling financially. Half of Americans are living paycheck to paycheck. 40% of folks would have difficulty coming up with $2,000 to cover an emergency. And almost a third of us have no savings at all.
How do you feel about your money? And what does all this have to do with the things you value most? Everything actually. One of the keys to finding happiness with our money is, we need to stop spending it on the things that we don't really value. By prioritizing what matters most to you, you're essentially mapping out where your money should go. You're creating the starting point for achieving financial confidence and we've created a program to help guide you there. Welcome to Truist Momentum.
As part of a national movement, companies and organizations are partnering with Truist to provide you with a program that inspires, educates and equips, helping all of us make better financial choices and get closer to what we really value. You'll have access to a proven financial education curriculum called "The 8 Pillars of Financial Greatness." Each pillar combines videos with interactive tools and multiple resources to help enable you to put the things you learn into action.
Let me give you a brief overview of each of the eight pillars. Pillar one is called "Establish a financial confidence account." Essentially, this is a savings account specifically for the unexpected, you know, like your car breaking down. We'll help you know exactly how much you need, where you should put it and how to get it going. This is an important pillar for all, but especially for those who value relationships, security and peace of mind.
Pillar two is one of my favorites. If you're like me, having structure and clarity in life feels good. This is why pillar two is so helpful. You'll learn how to organize and automate your finances. We'll also help you get a handle on your cashflow and calculate your net worth.
Pillar three is a little different. Instead of talking about what will help you reach financial confidence, we'll discuss what will hold you back and how to overcome these obstacles. With this pillar, we'll break through financial bonds and barriers and help you get rid of your consumer debt and improve your credit score.
Pillar four is all about planning for what if. Things like your family, your health and your legacy need to be protected. And that's why we cover topics like insurance and estate planning. Pillar four will help all of us prepare for what if and allow you to breathe easy.
One day, you'll want to slow down and possibly stop working. We want that day to be a happy one. So let's get your investments on track. In pillar five, you'll learn the four steps of investing. When it comes to getting on track for retirement, these time-tested and easy to follow steps can help you go from financial stress to financial confidence.
In pillar six, we talk about making the most of where you live. Should you rent or should you buy? How much can you afford and how much should you put down? And if you already own, when does it make sense to refinance? In pillar six, we'll answer these questions.
For a lot of us, our careers and education are important. In pillar seven, you'll learn how to enhance both of them, which is key to financial growth because after all, your number one income earning asset is you.
To round things out, pillar eight focuses on giving back. Research shows that people actually manage their assets more efficiently when they give back. But more importantly, it just feels good. Ultimately, the eight pillars and the programs, tools and resources are designed to help you save, organize, automate, protect and grow your money. But in addition, it's the investment you and your company are making in your future that makes this program truly invaluable.
If you're ready to join the thousands who have already participated in this program, let's get you started. First, simply go to truistmomentum.com. In the required fields, enter your first and last name then your company email address. After you've confirmed your email address, enter your registration code. This is a unique code provided by your employer. Choose a password that is at least eight characters long with at least one number. Once you've confirmed your password, read and accept the terms of agreement, check the box, click register and you're on your way to financial confidence.
As you start to see, this isn't just another crash course in financial education. Think of it as a roadmap that'll take you from financial stress to confidence so you can pursue a life well spent. Thank you for your time today. I wish you much success on your path to financial confidence.
