National Financial Literacy Challenge

The Washington State Department of Financial Institutions encourages high school classrooms across the state to sign their classrooms up for the National Financial Literacy Challenge.

About the Challenge

The President's Advisory Council on Financial Literacy recently launched the National Financial Literacy Challenge in the same spirit as the President’s Physical Fitness Challenge – a fun approach to personal growth and competition. The Challenge is a fun activity that motivates students to become educated about personal money management with recognition and prizes for top performers.

The Challenge is free and will test the financial literacy levels of America’s high school students, ages 13-18. The challenge is open to high school classrooms as well as after-school non-profit community organizations.

For more information about the challenge, visit: http://flc.treas.gov/teacher.

The Challenge will be offered online, and consists of questions on basic personal finance. The questions are based on the 2007 Jump$tart standards. Larger classrooms may require the use of a computer lab.

Students should be able to complete the Challenge questions in 40-45 minutes. Students may only take the test once.

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Resources To Help Students Prepare For The Challenge

• DFI's Right On The Money
  DFI's Right On The Money introduces high school and college students to personal money management. Topics such as banking, budgeting, saving, and investing are covered.
• MyMoney.Gov
  MyMoney.gov is the U.S. government's website dedicated to teaching all Americans the basics about financial education.
• Practical Money Skills
  PracticalMoneySkills.com is a free Web site designed to help educators, parents and students practice better money management for life. The Web site contains free curriculum, tools, and resources.
• High School Financial Planning Program
  A complete high school student’s guide to budgeting, investing, debt management, insurance, and a career.

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