Teaching Money Management Skills to Young Students
La Mesa, CA. April 20, 2021 – PenChecks Trust and EduNetwork Partners have teamed up for a second year of the Financial Future Challenge, a national program challenging students ages 7-14 to learn good money management skills at a young age and create entries into the challenge to teach their peers what they have learned.
The program includes a website with a curriculum introducing concepts in savings, spending, investing, and giving with hands-on group and individual activities. This year we have added an online savings tracker for students to set goals and track their progress along the way. The program sets students up with lifetime skills to help them achieve future financial success.
The program will run from April 7 through May 31, 2021 and challenge students to develop games, books, apps, websites or other tools to teach their peers the lessons they are learning about money management. Last year’s winning entries included: a fun book with an easy to understand, effective, yet fun way for young children to learn about money management, an app to teach kids to make good financial and physical health decisions, a digital game with life events to navigate, and a digital escape room game app where kids have to solve problems to advance in the game.
“We are thrilled to launch year two of the Financial Future Challenge,” said Spiro Preovolos, CEO & President of PenChecks Trust. “We were extremely pleased to see the understanding the children acquired of money management basics and how they translated that into highly creative and valuable teaching tools for their peers last year. We’re really looking forward to year two and helping more students plan for their future financial success.”
The PenChecks Financial Future Challenge will award more than $8,000 in cash prizes to nine winners based on originality, development and description, and creativity and effectiveness of the entry. Prizing includes: $2,500 plus an iPad to the Grand Prize winner, $1,500 for First Place, $1,000 for Second Place, $750 for Third Place and $500 each to five Runners-up.
For more information about the program and winners visit http://www.financialfuturechallenge.com/.
About PenChecks Trust
PenChecks Trust is a state-chartered, non-depository trust company and the largest independent provider of outsourced benefit distribution services and Automatic Rollover IRAs and Missing Participant IRAs in the country. With 25 years in business, PenChecks Trust (www.penchecks.com) is an expert and industry-leading provider of unique and comprehensive solutions for a myriad of retirement plan and distribution issues. Services include automated and branded solutions for payments, benefit election processing, missing participant searches, Automatic Rollover and Missing Participant IRAs, uncashed/stale-dated check solutions and Abandoned Plan/QTA Services. Customers include financial institutions, recordkeepers, third-party administrators, plan advisors, and plan sponsors.
About EduNetwork Partners
EduNetwork Partners has a passion for education and innovation providing educational resources, curriculum and challenges that promote social change, creativity and entrepreneurial 21st century skills. ENP’s programs connect corporations to educators, youth organizations, students, and parents with meaningful turn-key multi-platform programs. To learn more visit www.edunetworkpartners.com.