What is the Personal Finance Decathlon?
The Personal Finance Decathlon is an exciting competition for high school students that engages students' content knowledge and critical and creative thinking skills and creates a fun incentive for students to take ownership of their education, their choices, and their futures.
In the Decathlon, teams of students compete online to demonstrate their knowledge of personal finance by taking an online test covering questions in 10 areas of personal finance. Twelve teams from twelve different schools will be invited to the state competition based on online test scores. At the state competition, teams will compete in a case study analysis round and an exciting Quiz Bowl round. Teams will receive a case study of a fictional family's financial situation and will have 90 minutes to prepare a presentation of recommendations as if they were the family's financial advisor. Teams will present to a panel of judges and the top four teams will compete in a Quiz Bowl to choose the state champion. The state champion goes on to represent Minnesota at the National Personal Finance Challenge at the University of Nebraska College of Business in Lincoln, NE.
All high school students are eligible. Teachers may enter multiple teams. There is no registration cost to teachers or students to participate in the Decathlon.
Check out America Public Media's Marketplace senior economics contributor Chris Farrell talk about the 2016 Personal Finance Decathlon on his show! Fast forward to 3:28 to hear the segment.
Never competed before? Request a starter kit to get everything you need to know to form a team in one easy package! Email Andrea Hanson at firstname.lastname@example.org to request a kit.
Registration for the competition opens in January. Once registered, create teams of 3 to 4 students and have your teams compete in the online challenge during the spring of 2019. 12 teams will be invited to the state competition on April 17, 2019 and the state winner will travel to nationals (with up to $2,000 in travel expenses covered).
Thank you to our 2018 Personal Finance Decathlon sponsors the Affinity Plus Foundation and COUNTRY Financial!
And also to our host, the Federal Reserve Bank of Minneapolis