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Enter Money Smart Week Kids Essay Contest for $2000 Scholarship. Deadline Feb 28

Posted on: Mon, 02/18/2013 - 12:32| By: GinaBina

In support of Money Smart Week®2013 Illinois, Peoria -- taking place
April 20–27 -- the Federal Reserve Bank of Chicago and its partner organizations are presenting the Money Smart Kid Essay Contest, sponsored by CEFCU. Students in grades 5-8 are encouraged to answer the Money Smart Question below with an essay of not more than 500 words. A winner will be announced during Money Smart Week and that student will be named this year’s Money Smart Kid. The winner will be awarded a $2,000 scholarship
sponsored by CEFCU. The deadline is February 28.  

The 2013 Question Is:
What is the difference between an investment and an expense?
What would be a good investment in your community and why?
Please discuss who would benefit from this investment.

Guidelines
Candidates Must:

  • Be a student in grades 5-8 in their school.
  • Have knowledge of money management skills (decision-making related to spending and saving, investing, use of credit, etc.) appropriate for their age and grade level
  • Demonstrate how they practice good money management skills in their daily lives
  • Be able to “think on their feet”— responding to questions from business leaders and media
  • Be articulate—able to speak in front of large groups and cameras, and respond well to questions
  • Live in Peoria,Tazwell, or Woodford Counties

To Apply

  • Student must write an essay (of 500 words or less) on the assigned topic
  • The essay must be the work of the student submitting the essay
  • All essays must be submitted to:

CEFCU
Attn: Community Relations Department
5401 W. Dirksen Pkwy.
Peoria, IL 61607
All essays become the property of the Money Smart Council and may be used by Council members to promote financial literacy

For the official entry form,  visit moneysmartweek.org or https://d3n8a8pro7vhmx.cloudfront.net/msw/pages/42/attachments/original/1357663477/MSW_Kid_Peoria_2013.pdf?1357663477