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(Visual Description: Setting up low balance alerts

Money and Mindset

Truist title and logo)

Speaker 1: Setting up low balance alerts can help you limit overspending and stress less.

As your monthly subscriptions, auto-drafted bills, and mobile payments come out of your account, it's important to keep track of your account balance.

(Visual Description: Mobile app sample shows a layout of Bills

Utilities $75

Rent $1,350

Car payment $365

Insurance $160

Electricity $85

TV $55

$75 turns into $15)

That way, if you know your account balance is running low, you can adjust your spending and stay on top of your money.

So it's a good idea to check your accounts regularly, but setting up low balance alerts can also help give you more peace of mind.

(Visual Description: Mobile app sample displays screen with exclamation marks to show the alert is working.)

It's one automatic way to keep tabs on your money.

Low balance alerts can help you track your spending and stick to your budget.

They can also help you avoid negative balances, overdraft fees, and declined transactions.

Setting them up is easy and is typically done through your bank's app or website.

As soon as your account hits the balance you set, you'll be notified. And now that you know where you stand, you can spend or not spend accordingly.

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Build confidence,

step by step.)

Small steps like these can add up, helping you feel more confident and more in control.

For more tips and inspiration, visit Truist.com/MoneyAndMindset.

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Truist.com/MoneyandMindset.)

Disclosure:

This content does not constitute legal, tax, accounting, financial, investment, or mental health advice. You are encouraged to consult with competent legal, tax, accounting, financial, investment, or mental health professionals based on your specific circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.

Truist Bank, Member FDIC. ©2023 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

How low balance alerts can help you limit overspending

Budgeting by values

Setting up low balance alerts can help you know if there’s enough money in your bank account to cover your next payment or purchase.

Looking for a simple tip for staying on top of your finances? Consider setting up low balance alerts. Setting them up is simple and usually done through your bank’s app or website. You'll get a text or email notification when you’ve dropped below a specified amount that you choose, and they can help you avoid overspending and overdraft fees.

If you’re a Truist client, here’s more info about setting up alerts. And for more help getting on the path toward better financial confidence and well-being, check out this collection of stories.

This content does not constitute legal, tax, accounting, financial, investment, or mental health advice. You are encouraged to consult with competent legal, tax, accounting, financial, investment, or mental health professionals based on your specific circumstances. We do not make any warranties as to accuracy or completeness of this information, do not endorse any third-party companies, products, or services described here, and take no liability for your use of this information.    

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