How it Works
New Teachers:
- You will need to complete the Teacher Registration and be approved by your local administrator before you can begin creating teams. See this video for help in this area. New Teacher Registration (All videos are from our counter parts in Nebraska but the platform works the same for all states)
Creating Teams:
- If you are ready to create your teams for this year's competition, you may do so by accessing your Team Administration page and selecting 'Create New Team'. See this video for help in this area. Creating a Team (All videos are from our counter parts in Nebraska but the platform works the same for all states)
Student Access Codes:
- Once your teams have been created, each student will be assigned a unique access code that can only be used once - at the time of completing the challenge - and can only be used by that student. See this video for help in this area. Student Codes (All videos are from our counter parts in Nebraska but the platform works the same for all states)
Completing the Challenge:
- When it is time for students to complete the challenge, they will select 'Student Access' and enter their access code that was assigned to them. They will then complete a short identification and challenge integrity confirmation before they begin the challenge. See this video for help in this area. Completing the Challenge (All videos are from our counter parts in Nebraska but the platform works the same for all states)
Accessing Student Data:
- Once all of your student teams have completed the challenge, teachers can access their scoring and category data from their team administration page. Scoring data will show both the individual student score as well as the team score, while the category report will show student performance in each subject. See this video for help in this area. Accessing Student Data (All videos are from our counter parts in Nebraska but the platform works the same for all states)
Personal Finance brings Personal Success
You can't read the news without seeing why a fundamental understanding of economics and finance is so important to the future of our youth and our country.
The admonishment of Arthur Levitt, former chairman of the New York Stock Exchange, that “the American economy is the eighth wonder of the world; the ninth is the economic ignorance of the American people,” is true.
Lou Harris and Associates recently polled and documented the extent of economic illiteracy among high school students and adults. The poll revealed that:
- Fewer than half the students surveyed can define a budget deficit
- Fewer than half of the adults and 1/3 of students understand what it means to say that the Gross Domestic Product has increased
- Most adults thought that economists would recommend increasing regulations to reduce pollution rather than increasing the costs to those who pollute
- Sixty-percent of high school students did not know that if rent controls are placed on apartments that eventually there will be fewer apartments to rent
- Less than half of high school students surveyed understand that if the price of yen in dollars increases that Japanese cars will cost Americans more
Nobel Laureate in Economics James Tobin who, in 1981 said, “High school graduates will be making economic choices all their lives, as breadwinners and consumers, and as citizens and voters. A wide range of people will bombard them with economic information and misinformation for their entire lives. They will need some capacity for critical judgment.”
The Mission of the Nebraska Council and our Partner the Calvin K. Kazanjian Foundation is to eliminate economic illiteracy. The FinanceChallenge supports this mission by creating a fun incentive for students to take ownership of their education, their choices and their future.