Bank of North Dakota’s College SAVE is providing a special opportunity for North Dakota teens, 13-19 years old, to win a $529 contribution to their College SAVE account. It’s March Money Madness.
March Money Madness educates young people about basic money management principles through three online challenges. Each challenge contains three short videos followed by two-question quizzes. There are two paths to choose from: college ready and career and military ready. Covered topics include money basics, credit, paying for college, real-life examples and more.
The entire program can be completed in less than one hour. Students who successfully answer all of the questions from each of the challenges are automatically entered for a chance to win one of four $529 scholarships. Your students can begin March Money Madness by going to www.marchmoneymadness.nd.gov. The challenges must be completed by midnight on March 31, 2022.
Here’s a rundown of the two path options and topics covered.
Career- and military- ready path
• Module 1: Money Basics
o Choices
o Three Easy Ways to Start Following a Budget
o Save So You Don't Stress
• Module 2: Credit
o What Is Credit and How Do I Get It?
o Reading Your Credit Card Statement
o Loans And Credit Cards Are Not Free Money
• Module 3: Real-life Examples with Jake and Emily
o Get Real with Food and Rent
o Buy a Car
o Get Real with Credit Cards
College-ready path
• Module 1: Money Basics
o Three Easy Ways to Start Following a Budget
o Game Changer – Student Loan Choices
o Career Choice and Salary – The Big Surprise
• Module 2: Paying for College
o Sweet, Sweet Saving
o Play the Scholarship Match Game
o Student Loan Basics
• Module 3: Real-life Examples with Jake and Emily
o Choosing a College Major
o Choosing a College
o Keeping Student Loan Debt Down During College