Creative Writing Winners

Creative Writing Contest

Money, Money, Money? - The Challenge

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Juniors and seniors…these last years of high school are exciting—college visits and applications, prom, graduation—but they can also be expensive. How will you pay for it all?

A budget is one tool you can use. Even if your only income is an allowance from your parents, you can still get in the habit of making smart budget decisions and stretching your dollars further.

Budgeting money may be easy for some, but it takes real effort for most of us. Tell us, in a creatively written composition of your choice, how you will take charge of budgeting for additional expenses in your junior and senior years. Discuss the various expenses that you anticipate and how you plan to pay for them. How will you prioritize your expenses and handle unanticipated ones? What trade-offs are you willing to make to get what you want most? What mistakes do you hope to avoid? Be sure to include economic concepts in your composition.

Whatever you do after high school, taking control of how you handle money today will give you more choices in the future. Good luck!

Acceptable written compositions for this contest include essays, short stories, poems, and plays.

Submission Deadline: March 20, 2009

Examples of economic concepts include:

Budget a written plan for spending and saving money.

Financial Goals the desired results of one’s efforts to achieve personal economic satisfaction.

Incentive a factor that encourages people to do something; often a monetary reward or the prospect of obtaining one.

Opportunity Cost the value of possible alternatives that a person gives up when making one choice instead of another; also known as a trade-off.

Standard of Living the overall degree of comfort of an individual, household, or population, as measured by the amount of goods and services its members consume.