Contests, Upcoming Events

Iowa Economics and Personal Finance Challenge Events

The Iowa Council on Economic Education is facilitating two state finals events – the Iowa Personal Finance Challenge on April 10 at the Federal Reserve Bank in West Des Moines, and the Iowa Economics Challenge at the Iowa State University Extension office in Altoona on April 17.

The Personal Finance Challenge will consist of student teams across Iowa creating presentations on how families can address and manage finances while facing financial adversity. A panel  of judges will determine the state champion, runner up , and third place finishers.

The Economics Challenge will consist of three multiple choice assessment rounds for advanced placement and traditional economics students. The top two teams in each division will then compete in a quiz bowl to determine the state champions.

Last year was the first year of these events in Iowa and they were a great success. This year over 2,500 students throughout our state have participated in the preliminary round and the Iowa Council on Economic Education is excited to bring students from across the state to Des Moines for these championship events.

Volunteers are needed to help judge the Personal Finance Challenge as well as administer and score the assessments in the Economics Challenge. If you are available and willing to help, please contact Bob Mantell at bob.mantell@tsinstitute.org.

Contests

Money Smart Cache!

Money Smart Cache! is now open for high school teachers to use in the classroom.

Money Smart Cache! is an online game students can play on any mobile device or computer. During the game, student maneuver Ben Franklin through 21st century financial hurdles and get him to the “portal” to answer the quiz questions correctly and help get him back to his own time period.

Money Smart Cache! addresses seven basic topics that students should understand to be financially literate – credit scores, identity theft, car loans, student loans, debit vs. credit, paychecks and budgeting.

To participate, teachers simply sign up to receive a code for their students to use. Students are able to play as many times as they wish, and teachers have access to a guidebook that provides teaching hints. To sign up, click here.

Money Smart Cache! is open the entire month of April and includes a national prize of $250 for one winning student and $250 for his/her teacher.

For more information, click here. 

Contests

Money Smart Kid essay contest deadline extended; additional awards announced

The Iowa Money Smart Kid essay contest deadline has been extended. Iowa students now have until Friday, March 23, 2018, to enter the essay contest sponsored by the Iowa Bankers Association.

Along with the extended deadline comes an increase in the number of awards offered. Five new awards have been added for contest runner-ups, so now the top ten finalists will be recognized.  Award levels now include the following:

  • $1,000 award to first-place winner (1 award)
  • $500 award to four finalist (4 awards)
  • $300 award for five runner ups (5 awards) – NEW!

Eligible students must be in grades 7-11 and can enter the contest by writing an essay addressing 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.

All essays must be 400 words or fewer and are due by March 23, 2018. Click here for the Money Smart Kid application.

Contests

Money Smart Kid Essays Due March 16

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.

Contests

GeoCache for College Cash Winner

Caleb_MoneySmartGeoCacheWinner2016Caleb Anderson from Luther College was the winner of a $1000 prize to go directly toward tuition (sponsored by Iowa Jump$tart Coalition)!  Congratulations!

“GeoCache for College Cash” is a Money Smart Week Iowa program that takes place at several college campuses across the state of Iowa in April.  About 1,000 students played on Iowa college campuses during the 2016 Money Smart Week.  The contest consists of seven posters, each focused on one personal finance topic and each displaying a unique QR code. Students read the posters, use a smart phone/tablet to scan the QR codes, and access quiz questions (multiple-choice). Answers are recorded for each player, logged via a player provided email.

Contests, Financial Literacy Tools, Helpful Information, Uncategorized

Help families save for college and win $529 for your school

529logoIf you are an elementary teacher or principal, you play a vital role in helping  young children grow – and now you can help their families grow their college savings. This spring, the State Treasurer’s Office is offering  a new 529 college savings tutorial, College Savings Iowa InFocus. This short, interactive learning experience allows parents, grandparents and others to explore the numerous benefits of using a 529 plan to start saving for a loved one’s future.

Each person who completes the 10-minute tutorial will be registered to win a $1,000 College Savings Iowa account for a loved one. For helping spread the word, two participating elementary schools across Iowa will be selected to win $529 for their school. In order to enter the school giveaway, simply request that your families include your school name and city upon their registration for the tutorial.*

This opportunity will be open to elementary schools across the state starting on April 1, during Financial Literacy Month, and wrapping on May 31, in celebration of 529 Day.

For more information about the program and to request materials, please sign up at IowaTreasurer.gov no later than Tuesday, March 15. Please email Amanda Shetler (Amanda.Shetler@iowa.gov) with any questions.**

For more information about College Savings Iowa, visit CollegeSavingsIowa.com.

*At least five parents/guardians of a school must properly register for and complete the tutorial in order for that school to be considered eligible for the random drawing.

**School information will not be shared with third party organizations.

For more information about the College Savings Iowa 529 Plan, call 888-672-9116 or visit collegesavingsiowa.com to obtain a Program Description. Investment objectives, risks, charges, expenses, and other important information are included in the Program Description; read and consider it carefully before investing.

Contests, Upcoming Events

Team up to win the Finance Challenge!

The Iowa Finance Challenge is a new online financial literacy program available for middle and high school students. This online competition includes 30 questions for students to test their knowledge on income and money management, spending and credit, and savings and investing. Students compete in teams of three or four in the challenge, and test individually to measure the knowledge they have gained.

In addition to providing students with a fun and engaging way to build their financial literacy knowledge, the challenge offers students the chance to win cash prizes. Prizes will be awarded in April during Money Smart Week to the first, second and third place winning teams. The first place team will receive $25 per team member, the second place team will receive $15 per team member, and the third place team will receive $10 per team member. Every team that participates also is registered for a drawing for a $100 gift card.

Teachers interested in having students participate in the challenge can contact Erica Vonk of the Iowa Center for Economic Education at Dordt College at 712-722-6341 or Erica.Vonk@Dordt.edu. The challenge is being facilitated and managed by the Iowa Center for Economic Education at Dordt College, and made possible through a joint sponsorship by the Iowa Jump$tart Coalition and Wells Fargo.

Visit their website at http://financechallenge.unl.edu and click on Iowa.