‘A better future': Local high school students compete in Personal Finance Challenge
This isn't your typical school day for a bunch of high schoolers from the greater Boston area. Eight teams of four competed in the National Personal Finance Challenge at the MFS Investment Management Campus in Boston by creating case scenarios—-using their personal finance knowledge.
'When you're talking about personal finance, you're really talking about earning income, then what do you do with that income, right? Saving, investing, spending, credit,' said the Chief Program Officer for the Council of Economic Education Chris Caltabiano.
The CEE Chief Program Officer Chris Caltabiano says the non-profit's mission is to bring economic education to students so that they can manage their own financial lives.
'They're going to be doing this every single day of their lives thinking about their personal financial lives and so having this knowledge now is going to set them up for success down the road,' said Caltabiano.
To test their skills, every year the CEE hosts the National Personal Finance Challenge where thousands of students participate in a written test—then move on to a case study round. The students present how they think a young professional should spend, save and invest their money. This is Oliver Sin's second year competing. He says he's lucky to have several economics classes available at Milton Academy—-fueling his drive to learn more about personal finance.
'I try and talk to everyone I can about it just because I think it's so it's such an easy step to take but it's so important for your future as like the old saying goes a penny saved is a penny earned,' said Milton Academy Senior Oliver Sin. 'So the quicker you start the easier it is.'
And he's been applying what he learns in the classroom—to his own life.
'Through trial and error, I can apply stuff that I see from my own eyes is working and I think that's really the perspective that people should be going into personal finance with,' said Sin.
'So much of this is setting you up for a better future and I feel like I can confidently go into living alone and being a young adult with these skills,' said Rebecca Zhang, a senior at Lexington High School.
Zhang is on the all-female team representing Lexington High School. She says because of her finance knowledge, she already offers advice.
'I do have friends asking me where should I put my money? Would it be better to put it into a savings account, a checking account, or stocks? And it's nice being able to help my friends with stuff like that,' said Zhang.
Right now, Massachusetts schools have no personal finance requirements, but there are currently a few bills in the State House that could change that. Caltabiano says research shows that taking a finance course in high school has an impact on your financial future.
'They have higher credit scores,' said Caltabiano. 'They tend to take on a lower amount of debt. If they choose to go to college, they tend to take loans that have a better interest rate.'
MFS President Carol Geremia says the more knowledge, the better relationship with money.
'The minute they graduate, they're going to be thinking about how to get a job and their income, but how important it is for them to understand the basics of what to do with their money,' said MFS President Carol Geremia. 'So, so critical.'
The all-girls team from Lexington High School won the state competition. That means they will be moving on to the final round in Atlanta, Georgia in June.
This is a developing story. Check back for updates as more information becomes available.
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Business Wire
25-07-2025
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The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario, and intends to focus on organic growth and accretive acquisition opportunities in North America. 1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships. ON BEHALF OF THE BOARD OF DIRECTORS Shaun Heinrichs President and CEO For further information, please contact: Shaun Heinrichs Chief Executive Officer (604) 674-1293 sheinrichs@ CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. 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In making the forward-looking statements included in this news release, the Company have applied several material assumptions, including that the Offering will close on the anticipated terms; that the Company will use the net proceeds of the Offering as anticipated; that the Company will receive all necessary approvals in respect of the Offering; the Company´s financial condition and development plans do not change because of unforeseen events, and management's ability to execute its business strategy and no unexpected or adverse regulatory changes with respect to the Company mineral projects, and that the specific proposals to amend the Tax Act publicly announced on March 3, 2025 by the Minister of Energy and Natural Resources on behalf of the Minister of Finance proposing an amendment to extend the mineral exploration tax credit for investors in flow-through shares until March 31, 2027 will be enacted. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
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From ‘Silent Witness' To BBC News Polska, The BBC Plans To Deepen Its Reach In CEE And Beyond
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