Welcome to the 2009-2010 SMHS Savings Challenge

In the SMHS Savings Challenge, students compete to achieve their savings goals over the course of the school year. A+ financial coaches guide these students and help them learn life-long money management skills. This blog will feature posts by past and present contestants, A+ coaches, and others.

Congratulations to our Finalists!

Thursday, October 1, 2009

Check back for introductions to our 5 finalists!

From our press release:

A New “Challenge” for San Marcos High School Students

A+ Federal Credit Union’s High School Savings Challenge Enters Second Year

With all the attention to credit protections for students and young adults brought about by the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, it is especially important that students receive financial education at a young age before entering college or the workforce. After a very successful inaugural year, the San Marcos High School (SMHS) Savings Challenge, sponsored by A+ Federal Credit Union (A+FCU), once again seeks to educate young people about financial matters, encourage them to achieve their savings goals, and empower them to succeed in their financial futures.

In the Challenge, five SMHS students compete to achieve their savings goals over the course of the school year while A+ financial coaches guide them to learn life-long money management skills. The students’ diverse goals range from saving for college, saving for a fuel-efficient vehicle, to saving to support a four-year-old child. The competition begins October 1, 2009, and winners will be announced at the SMHS Senior Awards Assembly in May, 2010. The grand prize winner will receive a $1,000 A+ Visa gift card. Second place receives a $500 A+ Visa gift card. Third, fourth and fifth place winners receive a $250 A+ Visa gift card.

Of eleven worthy applicants, the following SMHS students have been selected to compete in the Challenge:

  • Katherine Wright, senior
  • Solana Dever, junior
  • John West, senior
  • Lynda Brundin, sophomore
  • Katelyn Sundquist, senior

These contestants will be judged based on various criteria including their percentage increase in savings, successful completion of financial education courses, and a presentation to their peers on personal finance.

A+ Federal Credit Union is dedicated to providing the communities we serve with free financial education resources to help everyone achieve financial independence whether in our student-run branch at SMHS, online in the Education Center of our website, or at one of our free seminars. A+FCU remains committed to the belief that learning smart money skills is important at EVERY life stage.

For more information: https://aplusfcu.org/education/students-only/smhs-savings-challenge AND http://smhssavingschallenge.blogspot.com/

A+ Federal Credit Union - With 11 Austin area locations, more than $700 million in assets, and over 86,000 members that include not only educators, students, and their families, but other members of the community as well, A+FCU has grown to become one of the largest credit unions in Austin. To find out more, visit the website at aplusfcu.org.

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