Money Smart Week in Northwest Indiana sponsored the first ever Money Smart Week Kids Video Contest. Students from grades 6-8 were asked, “Every investment has a certain amount of risk and an expected return. Imagine you are speaking to an investor; describe how investing in you (such as paying for college or technical school costs) will produce a return. Please be sure to discuss what types of risk the investor would face.”
The students from Northwest Indiana submitted videos through the Money Smart Kids Contest on YouTube. Each video was to be no longer than ninety seconds. “I am so thrilled that we are able to bring another ‘first’ to Money Smart Week. The Money Smart Council helped educators incorporate new technology into the classroom. We were able to help them accomplish that goal. This is the start of many more Money Smart Kids Video Contests not only in Indiana, but nationally as well,” said Dian Reyome, Financial Capabilities Coordinator at Centier Bank and the chairman for the Money Smart Council.
This year’s Money Smart Kids Video Contest were all 8th graders from Pierce Middle School located in Merrillville, Indiana. First place was Brandon Dawning; D’Amani Cundiff was the first runner up and Ramon Garcia was the second runner up. The prizes were an iPad2, iPad Mini, and an iPad touch with Money Smart Kids Winner 2014 inscribed on the back.
“It is very important that we educate our young people in the areas of finances and financial literacy. When we look at the economy today and understand the hardships some of our students have had to endure, it is vital to their future that we help them to understand the importance of investing and saving for their future. I am very thankful that we have those willing to work with area educators by giving teachers more resources to use in our classes and to give students the opportunities to take part in competitions to expand their knowledge in the area of financial literacy. I am thrilled that the three winners this year in the Money Smart Week competition were students from my class. They are wonderful young men and I know they will be successful in all they do,” commented Kim Kincaid, teacher at Pierce Middle School.