April is National Financial Literacy Month, and in celebration, Michigan State University Extension 4-H Youth Development will continue offering Smart Money Contests, an initiative created 2019. In April, Michigan youth can win cash prizes by competing in the Cash Composition Contest or the Show Your Money Smarts Contest with different financial themes.
Smart Money Contests are not only a great opportunity for Michigan youth to win money, but also a fun way to learn about financial topics. All Michigan youth between the ages of 9-19, whether they are enrolled in 4-H or not, are encouraged to participate. The Cash Composition Contest is open to youth ages 9-12 while the Show Your Money Smarts Contest is for teens ages 13-19.
“This opportunity has been beneficial to me in many ways, including learning from research and working on my writing and interview skills,” said Harper-Jane, a past Smart Money Cash Composition Contest participant. “I have enjoyed and acquired knowledge from every step in this wonderful experience. I am grateful to partake in the varied opportunities offered by 4-H.”
These programs meet a need for young people as it is not uncommon for youth to have financial concerns for their future. According to a recent survey by Junior Achievement, some of young people’s top concerns included paying for college (47 percent), not being able to afford to live on their own (45 percent), paying taxes (43 percent) and finding a fulfilling, well-paying job (40 percent). By participating in these contests and programs, youth will learn about saving, investing and how to become financially fit for the future.
The contests will take place entirely online this April. Entry and submission for the Cash Composition Contest must be completed here by April 11, 2022. Show Your Money Smart Contest registration must be completed here by April 28, 2022. For more information, please contact Kathy Jamieson, Macomb County MSU Extension Educator at jamies13@msu.edu.
MSU is an affirmative-action, equal-opportunity employer. Michigan State University Extension programs and materials are open to all without regard to race, color, national origin, gender identity, religion, age, height, weight, disability, political beliefs, sexual orientation, marital status, family status or veteran status.
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