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2010 NFCC National Financial Literacy
Poster Contest Winners
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National Winner
Adrian Kimmok
11th Grade
West High School
Torrance, CA
Submitted through CCCS of Orange County
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Elementary School Grade Category Winner
Lydia Chen
4th Grade
Bee Meadow School
Whippany, NJ
Submitted through GreenPath Debt Solutions |
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Elementary School Grade Category
Runner-up
Isaac Kasperek
5th Grade
Homeschooled – Newark Valley School District
Owego, NY
Submitted through CCCS of Central New York |
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Middle School Grade Category Winner
Daniel Carr
8th Grade
Homeschooled
Tampa, FL
Submitted through GreenPath Debt Solutions |
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Middle School Grade Category
Runner-up
Amy Tea
8th Grade
Andrew J Morrison School
Philadelphia, PA
Submitted through CCCS of Delaware Valley |
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High School Grade Category Winner
Michelle Ma
9th Grade
Morgantown High School
Morgantown, WV
Submitted through CCCS of North Central West Virginia |
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High School Grade Category
Runner-up
Dylan Bozic
9th Grade
Stuarts Draft High School
Stuarts Draft, VA
Submitted through GreenPath Debt Solutions |
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Special Poster Contest Essay
$mart Money Choices = A Brighter Future
by
Jake Moorhead - a junior at
Water Valley High School
Jackson, MS
Making good grades in school can earn you scholarships for college. Earning your high school diploma is essential. Choosing a career path and going to college is one of the best things you can do to ensure a bright future.
A college degree will help you to get the job you choose instead of just settling for a dead end job. Work hard towards your career advancement. As soon as possible, you should start contributing to your company's 401-k. This is the best way to start saving for your future.
Marriage can come at any time in your life, so be prepared. Try to have your education behind you and a good job with benefits before you say "I do."
Start a life insurance policy as soon as you can. The younger and healthier you are, the lower the premiums will be. Try to contribute to an IRA (individual retirement account) as soon as possible. You may only be able to put away a little at first. As your finances improve, you should try to contribute the maximum for yourself and spouse.
Invest in stocks and bonds if you can, but never invest more than you are willing to lose. Don't gamble too much with your future.
Children are always welcome, but having some financial security makes it easier. As your children grow, you should try to save for their college education. The best way to do this is with a pre-paid college account and a college saving account. These accounts are usually offered by the state you live in, and are a great way to lock-in some of the cost of college tuition.
Look into investing in mutual funds, buy use the same sense as before. Don't gamble too much.
As you near retirement, your investments should change from being risky to being more conservative. Purchase long-term-care insurance for you and your spouse. If something unfortunate happened to one of you, the other one should not be forced into financial hardship.
Estate planning can be done before or after retirement, but it is a good thing to always have your house in order just in case. This will allow you to make some choices about the future.
You might want to start college funds for your grandchildren. This is a good way to ensure their future, and help your children from the burden of paying it all.
Retirement is your time. Making the right choices in life will allow you to follow your dreams.
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| There were more than 3,000 entries from coast to coast.
Thanks again to all participating NFCC Member Agencies. |
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The NFCC Vision is to create a national culture of financial responsibility.
NFCC 801 Roeder Road, Suite 900 Silver Spring, MD 20910 Contact Us©2010 National Foundation for Credit Counseling
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