Each year, during Money Smart Week (MSW), the Iowa Bankers Association sponsors the Money Smart Kid Essay contest in partnership with the Federal Reserve Bank of Chicago. Essays for the 2018 Money Smart Kid Essay Contest are due Friday, March 16, 2018.
Students who participate in the contest are asked to answer a financial question and relate it back to their life. This year’s, students are asked to address the following:
Please write a brief newspaper article describing the potential devastating effects of a natural disaster (fire, flood, hurricane, etc.) on a family’s financial situation. Please select only one type of natural disaster for the focus of your article. Be sure to include tips and resources for readers to help prepare them for a potential future unexpected crisis.
One student will be named this year’s Money Smart Kid and will receive $1,000 to put toward their college education. To participate, students must be in grades 7-11 and must reside the Money Smart Week Iowa or Quad City region.
To learn more about the MSW essay contest and to download the application, click here.