“Save for a Rainy Day”
Vermont Business Magazine The Vermont Jump$tart Coalition is pleased to partner with the Vermont Access Network, the State Treasurer’s office, and Front Porch Forum to announce an original video contest for youth, with the goal to help them better understand the importance of managing money responsibly.
This year’s theme: “Save for a Rainy Day” is a follow-up to last year’s contest theme “Making Money Means Making Decisions.”
The contest encourages youth to develop videos that will highlight the benefits of saving and spending money wisely, investing for a rainy day, and/or making sound financial decision.
The theme, Save for a Rainy Day, is very timely given the unprecedented economic uncertainty many households faced during 2020. As of 2018, 49% of Vermonters lack a rainy day fund to cover expenses for three months, in case of emergencies such as sickness, job loss, or economic downturn.
Like all good habits, learning the importance of saving as a youth is a lesson that will have a positive effect for an entire lifetime.
The contest is open to middle school and high school students, including home-schooled students. Videos may be submitted by a team or individually. The winning entries will be awarded $500 for first place, $250 for second place and $100 for third place.
The deadline for student submissions is April 15, 2021 and the winning videos will be showcased on the newly updated Jump$tart website and throughout the state on Access Network stations.
For more information about contest details please visit https://vermontjumpstart.wordpress.com/financial-literacy-video-contest/
Source: Montpelier, VT February 12, 2021 The Vermont Jump$tart Coalition