NORTHBROOK, Ill., April 4, 2013 /PRNewswire/ -- A recent Allstate poll found that more than four in 10 (41 percent) Americans are living paycheck-to-paycheck while another 8 percent say they don't earn enough each month to pay for essentials. To help combat the numbers of Americans struggling to make their financial goals today, "The Savage Truth on Money Presented by Allstate," will kick off Financial Literacy Awareness Month with a five-city tour.
"Allstate saw a growing gap between those who can make ends meet and those who can't, so we decided to take action to provide consumers with the tips and resources that would help them on their personal financial journey," said Bill Kavanaugh, senior vice president, Allstate Life Insurance Company. "This program teaches valuable information while inciting action for greater financial literacy."
As a 2013 Excellence in Financial Literacy Education (EIFLE) Award winner, The Savage Truth on Money events are complimentary educational opportunities, open to the public, that feature practical advice from award-winning personal finance journalist and author Terry Savage. Every event is co-hosted by local Allstate agencies and exclusive financial specialists who are also experts on this subject matter, and attendees are provided a signed copy of Terry Savage's book, The Savage Truth on Money.
Terry Savage writes a nationally syndicated personal finance column and is a regular guest on CNN and CBS, among others. In each event, Savage will cover the following topics to reach a wide range of event attendees:
- Understanding your money personality – saver or spender?
- Rebuilding your credit report – or getting started on a good credit score
- Dealing with debt and mortgage problems
- Starting to invest in the stock market with as little as $50 a month
- Saving for college
- Paying down student loans
- Insuring what's important to you and your family
- Planning for retirement
In its third year of touring, The Savage Truth on Money will visit Tampa, Fla. (April 4), Knoxville, Tenn. (April 11), Philadelphia (May 9) and Colorado Springs, Colo. (May 16). Additionally, The Savage Truth on Money tour will make a special appearance at "Financial Literacy Day on Capitol Hill" on April 26 to exhibit its programming for a number of corporations, non-profits and policymakers that specialize in financial literacy.
For more information about "The Savage Truth on Money Presented by Allstate," visit http://www.myallstatefinancial.com/the-savage-truth.aspx.
Downloadable, broadcast-quality excerpts from Savage's presentation:
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate branded insurance products (auto, home, life and retirement) and services are offered through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com, www.allstate.com/financial and 1-800 Allstate®, and are widely known through the slogan "You're In Good Hands With Allstate®." As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $29 million in 2012 to thousands of nonprofit organizations and important causes across the United States.
SOURCE Allstate Insurance Company