What: Nearly 700 high school students from across Western
New York are banking on their financial knowledge as they compete
in MoneySKILL® Mania, an in-school financial literacy
competition sponsored by the University at Buffalo School of
Management and M&T Bank.
For the seventh annual MoneySKILL Mania competition, a record
695 students from 21 area high schools will be quizzed on a range
of financial topics, including income, budgeting, mortgages,
stocks, bonds, bankruptcy, interest and credit. The highest-scoring
student from all schools will receive an Apple iPad, while the
second- and third-highest scoring students will win $250. The top
scoring student at each participating school will receive a $50
Amazon gift card.
Why: According to the Jump$tart Coalition for Personal
Financial Literacy, teenagers consistently perform poorly on
financial literacy tests. The competition aims to increase
awareness of MoneySKILL, a free online personal finance course
offered by the American Financial Services Association Education
Foundation. More than 300 area teachers are registered to use
Where: While the competition takes place over several
weeks at individual schools, media are invited to see MoneySKILL
Mania in action at John F. Kennedy High School, 305 Cayuga Creek
Rd. in Cheektowaga.
When: 11 a.m. to noon on April 2 (detailed schedule
Who: Media can talk with students in JFK’s Personal
Financial Planning class and capture photos and b-roll footage as
they play MoneySKILL Mania. Kathy Hochul, vice president of
government relations at M&T Bank Group; Cynthia Shore, senior
assistant dean and director of alumni and external relations at the
UB School of Management; and Kevin Kazmierczak, principal of JFK
High School, will be present to speak. Tony Krupski, business
teacher at JFK, and Caitlin McNulty, assistant director of alumni
and external relations at the UB School of Management, will
facilitate the competition.
Details and Photo Opportunities:
• Upon arrival,
check in at the main office just off the front door, and you will
be directed to the classroom.
a.m.: Remarks from Hochul, Shore and Kazmierczak.
a.m.: Pop quiz on financial knowledge with prizes for
MoneySKILL Mania competition.