Texas Personal Finance Challenge Rules

• Students will have 35 minutes to answer 30 questions.
• The challenge can not be paused and students can not skip questions.
• Student team members do not need to complete the challenge together.
• Students must complete the challenge without any outside assistance.
• Teams must consist of 3-4 students, and the team score will be the sum of the team's top three scores.
• Average Quiz Time is used as the tiebreaker for regional rankings.  

Divisions

• The High School Division  is for students enrolled in a high school level personal finance  or economics course.

• The Middle School Division is intended for students enrolled in a middle school level course that includes personal financial literacy.

Advancing to State Finals

• The top team from each region in the Fall 2025 Challenge and the top team from each region in the Spring 2026 Challenge will compete in the Texas Personal Finance Regional Challenge in April  2026. 

Competition Prep

Once you have registered as a teacher, you can begin to create student teams of three to four students per team. Select the appropriate division - high school or middle school. After creating your teams, you can download unique access codes for each student. Distribute these access codes to your students when they are ready to take the Challenge.

The FinanceChallenge test is based on the Council for Economic Education and Jump$tart Standards.

Click here to view the Jump$tart Standards.

Click here to view the CEE Standards.

Once competition begins, students can enter the Personal Finance Challenge ONLINE website and complete a 30-question, rapid-fire exam consisting of categories on Income and Money Management, Spending and Credit, and Saving and Investing. Each student will be given 35 minutes but all team members must complete the exam within 3 hours.

Each student is to complete the challenge as an individual; students do not work as a group. Students may not utilize any outside materials or testing aids during their challenge session. The advisor is not to help the students by guiding them or re-phrasing a question.

Scoring: the sum of the three individual scores on each team make up the team score. Scoring on individual tests are as follows:

• +10 points for each correct answer
• 0 points for each unanswered question

 

Winners will be notified once the On-line Challenge window has closed.