Money Smart Kid Essay Contest

One statewide MSW initiative is the Money Smart Kid Essay Contest. The Iowa Bankers Association is pleased to sponsor this annual contest in partnership with the Federal Reserve Bank of Chicago.

  • Each year, one student is named Iowa’s Money Smart Kid and receives a $1,000 award.
  • The winner and finalists may be invited to read their essays at Money Smart Week events.
  • Students in grades 7-11 may enter the contest by answering the question below, using no more than 400 words.
  • See guidelines on the application for additional requirements.

Congratulations to Iowa’s 2019 Money Smart Kid, Owen Schobert from Lansing Middle School! Click here to read Owen’s award winning essay.

The 2019 essay question is listed below.

“Many American families experience income volatility over the course of a year. Please explain what the phrase ‘income volatility’ means, why a family may experience it, who in our communities are prone to experience ‘income volatility’, and approximately how many Americans experience it every year. Please offer ways that a family could prepare for a sudden change in income. Please also discuss what you think could be done to help alleviate this situation.”

For more information on the Money Smart Kid Essay Contest, please contact the Iowa  Bankers Association at or (800) 532-1423.

For more information on Money Smart Week, visit