Treasurer Boozer endorses student financial literacy program – 4/27/2012
MONTGOMERY – For the second year in a row, Alabama State Treasurer Young Boozer is endorsing The Alabama Council on Economic Education’s Personal Finance Challenge. The program tests high school students on essential concepts of personal finance, including income, money management, spending, credit, saving and investing.
“Congress has designated April as Financial Literacy Month in America,” said Boozer. “What better way to raise awareness among Alabama’s youth than to encourage them to learn more about personal finance?”
New to this year’s Challenge is the addition of a state championship event that will be held at Troy University Montgomery on Monday, April 23. More than 1,300 students from across Alabama competed for the opportunity make it to the state finals. The 20 top-scoring teams will be in Montgomery to compete for the chance to represent Alabama in the National Personal Finance Challenge in St. Louis, Mo., on May 14.
Said Treasurer Boozer, “According to Congress, more than 40% of adults living in the United States give themselves a grade of C or lower when it comes to their knowledge of personal finance. That’s why the Personal Finance Challenge is important. It gives students an opportunity to increase and test their knowledge about real-world concepts that will serve them the rest of their lives.”
For detailed information on the Personal Finance Challenge or the Alabama Council on Economic Education (ACEE), contact ACEE Director Johnnie Aycock at (866) 326-0585 or visit their website. Funding for Alabama’s Personal Finance Challenge is made possible in part by an Excellence in Economic Education grant from the National Council for Economic Education and Wells Fargo.