Maryland High School Students Compete in Statewide Financial Literacy Challenge
High school students from across Maryland competed in the Personal Finance Challenge Bowl on April 10 at the Red Lion North Baltimore, 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 began with three written rounds. The two teams with the highest scores continued onto the Quiz Bowl, where students used buzzers to answer economic and financial literacy questions as well as recent current events. The Bowl took place at 12:30 p.m. 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 received $50, third place received $100, second place received $125, and first place received $250. Additionally, the first-place high school team from Calvert County now qualifies to move on to the national competition in Nebraska on May 10th.
Here are the result for the 2019 Personal Finance Challenge: 1st place – PATUXENT CENT$, Patuxent High, Calvert County 2nd Place – AOL1, Applications and Research Lab, Howard County 3rd Place – BULLS, Lansdowne High, Baltimore County 4th Place – AVERAGE JOE$, Mt. St. Joseph, Catholic/Baltimore County.
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: http://www.econed.org/economic-and-personal-finance-challenges/
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.