Money Smart Week 2013
In support of Money Smart Week (April 20-27), the Iowa Bankers Association and Iowa Credit Union Foundation are sponsoring the 7th Annual Money Smart Week Kid Essay Contest in partnership with the Federal Reserve Bank of Chicago. The winner will help promote financial literacy for Money Smart Week.
One student will be named this year's Money Smart Kid, and will receive a $1,000 College Savings Iowa account, which is Iowa's 529 college savings plan that can be used at any accredited institution of higher learning in the U.S.
Finalists may be selected to read their essays at one or more Money Smart Week events. Students in grades 8th-10th may enter the contest by answering the question below in no more than 300 words. The deadline to submit an essay is April 2, 2013. The winner will be notified by April 16, 2013.
See guidelines for additional requirements.
The 2013 Money Smart Kid Essay Question:
What is the different between an investment and an expense? What would be a good investment in your community and why? Please discuss who could benefit from this investment.