BLOOMINGTON, ILL. – APRIL 28, 2016 – Money Smart Week is a time youth and families are educated about financial literacy and security. With April being Financial Literacy Month, it’s also the prime time to focus
on financial education, especially when there’s scholarship money on the line.
Shorewood High School students in Wisconsin answered questions regarding how they would adjust their spending if a parent or guardian was temporarily out of work in order to help out. After evaluating the essays, COUNTRY Financial(R) and the Federal Reserve Bank of Chicago are excited to announce this year’s first place winner:
· Junior Kate Tiffin of Shorewood High School
· Winner of $500 scholarship
Kate took a look at her parents’ bills to see where spending and expenses could be cut, but she wanted to do more.
“Making cut backs will help, yet, I think there is more room for improvement. I think I’ll try to get a job, at least part-time,” said Tiffin. “I know they’re always looking for high school students down the street from school, I’m sure I could find work there. While it’s only minimum wage, every dollar helps.”
COUNTRY Financial(R) presents Money Smart Teen and Kid Essay Contests as part of Money Smart Week, a national public awareness campaign coordinated by the Federal Reserve Bank of Chicago to help individuals and families better manage their personal finances.
For more information about Money Smart Week, visit www.moneysmartweek.org.