Students from a class taught by business teacher Rob Kane recently won the Massachusetts Personal Finance Challenge, a 30-question, rapid-fire exam with questions from categories on Income and Money Management, Spending and Credit, and Saving and Investing. Each student had 35 minutes to complete the challenge as an individual, and all team members were required to complete the exam within three hours.
With support from a generous sponsor, the winning students will fly to Lincoln, Nebraska, on May 9 for the 2019 National Personal Finance Challenge being held on Friday, May 10, 2019, at the University of Nebraska Lincoln College of Business. The event is hosted by the Nebraska Council on Economic Education.
The National Competition will give students an opportunity to apply and showcase their knowledge of personal finance. Each team will be given a detailed ficticious family scenario. They will be given two hours to prepare a financial plan for the family. They will then present their plan to a panel of expert judges. Teams will be judged on content knowledge, team work, and presentation skills.