The Alabama Personal Finance Challenge, sponsored by the Alabama Council on Economic Education (ACEE), tests high school students on their knowledge of income, money management, spending and credit, saving and investing. Nineteen schools will participate in the challenge on April 23 at the University of Alabama.
“There are so many people who are totally unprepared for a financial crisis,” said Wanda McAbee, ACEE’s program director. “We want to use this competition as a vehicle to take what the students are learning inside the four walls of a classroom and apply it to the real world. We want to encourage and show students how to take more responsibility for their financial lives.”
The top two teams will battle it out Quiz Bowl-style, and the winning team will go on to the national competition, sponsored by the Council for Economic Education and Wells Fargo.
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