We recently had the chance to sit down with Jordan Cunningham, Sr Public Relations Specialist to discuss what "financial wellbeing" means and how it plays a major role in our everyday lives.

Defining and Understanding Financial Wellbeing

How would you define “financial wellbeing”? What are its key components?

Financial wellbeing means having control over your day-to-day finances and knowing where your dollars are going. But beyond that, the ability to absorb financial shocks, being on track to meet your financial goals, and having the freedom to make choices that allow you to enjoy life. Key components would be things like budgeting, savings, credit management, and just overall financial confidence.

Exploring the Scope and Impact of Financial Wellbeing

What are the potential consequences of poor financial wellbeing, both for individuals and for society as a whole?

When people lack financial wellbeing, they often experience stress, anxiety, and limited access to opportunities. This can lead to challenges in housing, health, education, and employment. At a broader level, communities and economies are impacted by higher debt levels, lower productivity, and increased reliance on social services.

In what ways can financial wellbeing influence major life decisions and opportunities?

Financial wellbeing influences decisions such as where to live, whether to pursue higher education, when to start a family, or how to prepare for retirement. With stronger financial wellbeing, people can make these decisions confidently rather than reactively.

Examining the Promotion and Support of Financial Wellbeing,

How does this Financial Wellbeing program contribute to the financial wellbeing of Texas Trust members?

Our Financial Wellbeing program is designed to meet members where they are—whether they’re just starting their financial journey or working toward long-term goals. We offer personalized one-on-one coaching to help members create customized action plans, overcome challenges, and build confidence in managing their money. 

In addition to coaching, members can attend interactive seminars and webinars on key topics like budgeting, credit, savings, and debt management. On our website, we provide high-quality, engaging workshops that are self-paced and can be completed in 15 minutes or less—perfect for busy schedules. (100+ modules and articles) as well as practical tools for everyday money management, such as budgeting calculators and home affordability calculators. All of these services are free to members and designed to support real, lasting financial progress.

Mid-Year Money Check-In: Are You on Track?

Join us for a free, live webinar on Wednesday, May 15 at 12:00PM! We’ll walk through budgeting, vacation planning, and savings tips — just in time for summer. Whether you’re ahead or behind on your goals, this session will help you take the next step.

Sign up HERE!