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Arkansas Personal Finance Challenge

Economics Arkansas and the Federal Reserve Bank of St. Louis will host the 2022 Arkansas Personal Finance Challenge, an opportunity for high school students to demonstrate their knowledge of personal finance by competing against other students in a one-day challenge. This will be a virtual event. 

When: Wednesday, April 13, 2022, 11:00 - 1:30 p.m.

Where: Virtual

Arkansas Teachers may register 1 team of 3-4 students to participate. No advance qualifications or tests are required.

Teams will receive a fictitious case study on Monday, March 28 and have until Friday, April 1 to collaborate and prepare a 6-minute PowerPoint presentation based on making suggestions based on the case study information. Presentations must be submitted by April 1 at 5:00 pm to acee@economicsarkansas.org. No changes may be made to the PowerPoint once it has been submitted. Judges will evaluate the PowerPoint presentations based on content. The top 3 finalists will be notified by Wednesday, April 6, and will present live via Zoom on Wednesday, April 13.

Students exhibit knowledge in areas such as earning income, buying goods and services, saving, using credit, investing, and protecting and insuring. Presentations are scored in content knowledge, teamwork, and communication skills. 

Prize money, certificates, and medallions will be awarded. The first-place winning team will split $500 and advance to the semi-regional round of the National Personal Finance Challenge. The first-place winning team will be presented with their award at the Economics Arkansas Board of Directors meeting in Little Rock in May 2022.

View complete rules and a sample case study here.

Registration is live on the Federal Reserve Bank of St. Louis' website. Registration is free but is required by Friday, March 18.

Personal Finance Challenge Prize Amount
1st Place $500 (split among team members)
2nd Place $300 (split among team members)
3rd Place $150 (split among team members)
1st Place Teacher $100
2nd Place Teacher $75
3rd Place Teacher $50

Congratulations to the 2022 Arkansas Personal Finance Challenge Finalists!

1st Place: Catholic High School for Boys

Advisor: David Massery

2nd Place: Arkansas School for Mathematics, Sciences and the Arts

Advisor: Carl Frank

3rd Place: Mountain Hom High School Career Academies

Advisor: Johnny Caststeel


Sponsors

The 2022 Arkansas Personal Finance Challenge is generously sponsored by title sponsor First Security Bank. Thank you.

Additional sponsorship opportunities are available. Please contact kathleen@economicsarkansas.org for more information.