Fall Challenge (Online): Nov 21 - Dec 9, 2022
Spring Challenge (Online): March 13-31, 2023
Regional Finals: April 14, 2023
What is the Personal Finance Challenge?
Every year, the Nebraska Council on Economic Education, with support from the National Council for Economic Education hosts the the Nebraska Personal Finance Challenge. The challenge is an opportunity for students to demonstrate their knowledge of personal finance by connecting with other students from across the state in an online competition.
How does the challenge work?
Teams of 3-4 students will have 35 minutes to complete a 30-question online exam covering the principles of personal finance including money management, credit, investing, and insurance.
Students earn 10 points for every correct response and 0 points for each incorrect answer. Every question must be answered to move on, and students are not able to go back to previous questions.
There will be a cash prize for the top three teams in each division:
- 1st Place: $30 per student
- 2nd Place: $20 per student
- 3rd Place: $10 per student
The top 3 teams in each division, fall and spring, are invited to the state championships on April 14th, for a live competition with student teams from across the state. State finalists will be assigned a fictional case-study with time to prepare a presentation sharing their recommendations for the fictional client before a panel of judges including economists, business leaders and financial professionals.
- If you are new to the Nebraska Personal Finance Challenge, welcome! You will need to select "Teacher Registration" from the menu and create your teacher profile. Once you profile is created, you will be able to log in and begin creating your teams.
- If you are a returning teacher, welcome back! Your profile information is saved from your previous participation, and you can log in to begin creating your teams for this year's challenge!
- Teachers sign up their team(s). *You may sign up multiple teams on your teacher admin page, after you log-in -- no need to register more than once.
For each registered team that completes the challenge, teachers will be entered into a drawing for a $100 cash prize.
Teachers can create as many student teams as they'd like and the Nebraska Council on Economic Education has generously provided all registration and participation fees.
Research has shown that student clubs and competitions increase student participation, promote attendance, and help students achieve higher grades and standardized test scores.
A very special thank you to this year's sponsors of the Nebraska Personal Finance Challenge: