Project Teen Money Issues Challenge To Local Young People

By Patricia Cazares, age 16

The teen years are for a lot of things. You can have fun, hang out with friends, and attend school. But one of the most important things you can do is to learn to manage your money and plan ahead for college. It’s crucial that you start this process early.

There are a lot of tools available online to help you do this. All you have to do is Google: ‘Financial literacy for teens’ and a ton of resources will come up. While working in the Free Press room, recently, I came across a really interesting local story. It’s a useful tool for kids offered right here in Dane County and it’s called “Project Teen Money.”

This is a unique challenge created by Summit to help teenagers and young adults achieve financial success. Students create three short videos meant to inspire other young people to save, spend, and give back to the community. The videos are between thirty and ninety seconds long. The winner of the Project Teen Money challenge gets a $2,500 scholarship. The other competitors each receive a $500 scholarship.

The 2014 videos are posted online at SummitCreditUnion.com/ProjectTeenMoney. The students are hoping for feedback from the community. You can log on to the Summit website each month to cast your vote.

As we have written about before on these pages, Summit has in-school branches at Madison Memorial and Madison La Follette high schools. If you attend either of these schools it is easy to stop by these Credit Union branches to get advice or ask questions. From experience, I can tell you that once you start to gather information about finances and savings, it quickly becomes a very interesting subject. The Summit website is a good place to start looking. But there are other really interesting financial literacy sites out there.

Remember, if you plan to go to college and get ahead in life, it’s important to start young. It’s important to make learning financial skills part of your teen life. It will pay off in the long run.

Very well done, Patricia. Lots of good information and strong writing. – James KramerMiddleton, WI (2014-09-16 09:41)
Thank you for the resources. They will be very helpful. – Aubrianna and SusanMadison (2014-09-16 18:00)
Great article. It's great to see Summit Credit Union is targeting youth and stressing the importance of financial awareness! Love it! – Hannah B.Verona (2014-11-11 14:53)
Thanks Patricia for writing this article, I didn't know Summit Credit Union did this for teens. I will let my daughter know, I think she would love to get involved with something like this! Great job! – MariaMcFarland (2014-11-11 15:07)
Hello, My name is Kris Todi and I played in the under 1600 section of the tonntameur. I won 3 games but in the CFC website, it shows me with 2 wins. I played against Shabnam as an extra game, NOT part of the tournament and I played against Hassan Pishdad, number 19, actually in the tournamnet. The correct result should show a +19 INSTEAD of a -15, giving me 3 wins. ThanksKris – JaneHello, My name is Kris Todi and I played in the under 1600 section of the tonntameur. I won 3 games but in the CFC website, it shows me with 2 wins. I played against Shabnam as an extra game, NOT part of the tournament and I played against Hassan Pishdad, number 19, actually in the tournamnet. The correct result should show a +19 INSTEAD of a -15, giving me 3 wins. ThanksKris (2016-07-19 21:10)
Name
Location
Email
Comment