Jonathan Schultz, an 18 year old senior at St. Mary High School in Dell Rapids, South Dakota, won a $3,000 prize for a series of essays he wrote for a financial literacy contest.
Contestants were required to write essays that involved creating financial independence by understanding investing principles.
Shultz’s teacher received a $300 prize of her own.
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I think this kind of contest is a great idea. We never covered any aspects of personal finance when I was in school, and while I did pretty well through self-education, a number of my classmates soon found themselves in financial difficulty. I hope other schools will begin using these types of contests to promote personal financial education.
Congratulations Jonathan.
