A team from West Wilkes High School is among 20 state championship teams competing today in the final rounds of the 10th annual National Personal Finance Challenge at the University of Nebraska Lincoln College of Business.
The West Wilkes team consists of Kaitlyn Eller, Eli Shell, Danielle Roten and Trenton Golds, with teacher George Visnic as their advisor. The four are among more than 18,000 who competed nationwide to make the final rounds.
Each team is given a hypothetical family scenario and must create a meaningful financial plan in two hours. Teams present their plans to judges who score and critique the plans.
Student members of the winning team receive $2,000 each. Members of second place teams receive $1,000 each and third place team members get $500 each.
The national championship event is hosted by the Nebraska Council on Economic Education.
The students from West Wilkes qualified for the National Personal Finance Challenge by winning the N.C. Personal Finance Challenge. They competed with peers across the state in a championship round at the Federal Reserve Bank of Richmond, Charlotte Branch. The N.C. Personal Finance challenge was facilitated by the N.C. Council on Economic Education.
One-third of states require that high school students take a personal finance class, according to the Council’s 2018 Survey of the States.