Maryland High School Students Compete in Statewide Financial Literacy Challenge


Maryland Council on Economic Education Hosts the Personal Finance Challenge Bowl on April 10

High school students from across Maryland will compete in the Personal Finance Challenge Bowl on April 10 at the Red Lion North Baltimore (2004 Greenspring Drive, Timonium, MD), demonstrating their knowledge of economic and financial topics to compete for cash prizes.

The Maryland Council on Economic Education (MCEE), a nonprofit organization dedicated to improving economic and financial literacy in the Maryland school systems, hosts the annual competition.

The Personal Finance Challenge Bowl will begin with three written rounds. The two teams with the highest scores will continue onto the Quiz Bowl, where students will use buzzers to answer economic and financial literacy questions as well as recent current events.

The Bowl takes place at 12:30 p.m. Afterwards, participants, including the winning teams, will be available for photos and interviews.

MCEE created the Personal Finance Challenge as a way for high school students across the entire state to demonstrate their personal knowledge on economic and financial topics such as spending, credit, savings, investing, income and proper money management.

“We believe that today’s students are the future of the state of Maryland, so equipping them with proper financial education while they’re in school is essential for their successful futures,” said Mary Ann Hewitt, MCEE executive director. “The competition allows them to further engage with the material and apply the information to real situations.”

Each student and teacher of the high school’s fourth place team will receive $50, third place will receive $100, second place will receive $125, and first place will receive $250. Additionally, the first-place high school team then qualifies to move on to the national competition in Nebraska on May 10th.

For more detailed information about the Personal Finance Challenge Bowl such as practice tips, how the competition works, sample questions, and other additional information, click HERE.

About Maryland Council on Economic Education

For more than 60 years, the Maryland Council on Economic Education (MCEE) has worked to assure that Maryland’s school children leave school equipped with the economic and financial literacy knowledge and decision-making skills they will need to make informed, rational decisions as consumers, workers, citizens, savers, investors, and participants in the global economy. MCEE is a 501(c)(3) nonprofit organization and affiliate of the national Council for Economic Education.

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