August 28, 2013
Contest promotes financial education for Nebraska children in grades K - 5.
ACCESS is pleased to announce that it has launched its annual Mastering Money Basics essay competition. This year's theme is "Why Is It Important To Save Your Money?”
The competition is designed to get students, teachers and parents into discussions about the importance of managing personal finances in a formal educational setting. "This type of educational program is sorely needed based on recent statistics," said Deb Wright, an ACCESS Board member. "Most young adults will tell you that they have learned their financial management skills from their parents. Yet, a recent survey of college students showed that 54% of college students had overdrawn their bank accounts and 41% had missed payments on their bills. Clearly, more early education is needed before we send our children out into the world."
The contest is open to Nebraska students in grades K through 5. Participating students who win the contest, or who receive honorable mentions, will receive medallions and certificates for their efforts. Classrooms with winning students will be awarded cash prizes up to $1,000 that can be spent on anything the teacher deems appropriate. Parents of home schooled children are also welcome to have their children enter and are eligible for prizes
All contest entries are due by February 28, 2014. Winners will be announced on April 15, 2014.
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About ACCESS:
ACCESS is a 501(c)3 nonprofit organization with a focus on credit and personal financial education. We know from experience that the earlier children begin to receive instructions on financial management, the better equipped they will be to manage their own financial matters as they grow into young adults.
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