Have you got what it takes to win €25,000 for your school?
Introducing the Bank of Ireland Money Smarts Challenge
21 October 2019
Money Smarts Challenge will teach and test the financial literacy of secondary school students across the island of Ireland.
18 regional finals across Ireland with the Grand Final in Citywest, Dublin on 2 April 2020
€25,000 prize for winning team’s school and individual prizes for winning students
Bank of Ireland today launched the Bank of Ireland Money Smarts Challenge, a new secondary school competition that will see students learn essential financial skills while competing for the chance to win the top prize of €25,000 for their school.
The Bank of Ireland Money Smarts Challenge is an interactive one-day event which has been designed in conjunction with business studies teachers and finance experts.
Each regional final will see teams of four students spending the first part of the day learning about the core elements of financial wellbeing like spending, saving, earning, credit and debt. The second part of the day will put their new skills to the test in an engaging and fun quiz with eight rounds of money-related questions and conundrums. Two schools with the highest score from each regional final will compete in the Grand Final on 2 April in Citywest, Dublin.
Gail Toal, Consumer Banking NI, Bank of Ireland UK, commented: “It’s so important that we enable young people to make informed decisions and take charge of their finances. We know it’s not always easy to get teenagers engaged about money management and financial literacy but this new inter-schools competition puts good financial habits firmly on their radar in a fun but informative way, as well as giving them the chance to win a fantastic prize of €25,000 for their school, and we’d encourage as many schools from Northern Ireland as possible to take part”.
Each school can put forward up to three teams of four students for one of the eighteen regional finals hosted by James Patrice, one of Ireland’s top social media stars, which will take place between November 2019 and February 2020. Along with the top prize of €25,000 there is a 2nd place prize of €5,000, a 3rd place prize of €3,000 and a 4th place prize of €2,000.
Principals and teachers can find out more about the competition and register to take part by visiting boi.com/moneysmarts. Early registration is advised as places are limited.
Money Smarts Challenge regional finals
Nov 4 – Breaffy House Hotel, Mayo
Nov 5 – Clayton Hotel, Ballybrit, Galway
Nov 11 – Radisson Blu, Letterkenny, Donegal
Nov 12 – Landmark Hotel, Carrick on Shannon, Leitrim
Nov 18 – Hillgrove Hotel, Monaghan
Dec 3 – Rochestown Park Hotel, Cork
Dec 5 – Castletroy Park Hotel, Limerick
Dec 12 – Killarney Convention Centre, Kerry
Dec 16 – Clonmel Park Hotel, Tipperary
Jan 14 – Seven Oaks Hotel, Carlow
Jan 16 – Hotel Kilkenny, Kilkenny
Jan 20 – Amber Springs, Wexford
Jan 21 – Mullingar Park Hotel, Mullingar, Westmeath
Jan 23 – Tullamore Court, Offaly
Jan 27 – Newgrange Hotel, Meath
Feb 25 – Trinity College, Dublin
Feb 26 – Trinity College, Dublin
Feb 27 – Trinity College, Dublin
Grand Final
April 2 – Citywest Convention Centre, Dublin