The 2013 Personal Finance Challenge ONLINE!
The Personal Finance Challenge ONLINE! is designed to provide an online competition in Personal Finance for teachers and students throughout the nation. The Challenge is an exciting, competitive, and rewarding way for teachers to encourage students to learn personal finance concepts, including income, money management, spending, credit, saving and investing, they will use in the real-world throughout their lives. A better understanding of these concepts helps students make sound money decisions and increases the likelihood that they’ll meet their financial goals as adults. Research has shown that student competitions increase student participation, promote attendance, and help students achieve higher grades and standardized test scores.
REGISTRATION: Teachers can register teams between February 20 and March 19 at www.financechallenge.org . Middle and High School teams compete in separate divisions
ONLINE PERSONAL FINANCE CHALLENGE DATES: March 20-April 3, 2013- Online Competition - Teams login and face the Challenge!
AWARDS: First Place High School and First Place Middle School teams will receive $100 for the team, a school plaque, and certificates at KCEE Awards Luncheon in May. First Place High School team will advance to the national Personal Finance Challenge to represent Kentucky.
THE CHALLENGE RULES: No formal courses in Personal Finance are required. Any team of students interested in Personal Finance is encouraged to compete, but must have an adult coach. Schools may enter multiple teams in the online competition. Each person on a three or four person team individually completes a 30 question online test that cover topics in Income, Money Management, Spending and Credit, and Saving and Investing. No limit on number of teams per school. Test results are confidential.
Students will compete individually in the online qualifying round, then
the teams' scores will be averaged (dropping the lowest score if there are
4 team members.) Scores are kept confidential and emailed to the teacher.
Team Registration Deadline | March 19
| The online Personal Finance Challenge will be available from March 20-April
National Personal Finance Challenge | May 2 | St. Louis, MO