St. Louis Park Student Named 2018 Money Smart Teen Essay Contest Winner
Students Discuss the Financial Impact of Natural Disasters; Receive Scholarships
MINNEAPOLIS – Yonah Davis, a junior at St. Louis Park High School, today was named the winner of the 2018 Money Smart Teen Essay Contest presented by COUNTRY Financial and the Minnesota Council of Economic Education. Yonah will receive a $3,000 scholarship from COUNTRY Financial.
High school students in grades 9-12 from the Minneapolis-St. Paul area were recommended by a teacher for demonstrating good money management skills. Each entrant wrote about the following topic:
What are the potential devastating effects of a natural disaster (fire, flood, hurricane, etc.) on a family’s financial situation, including tips and resources to help prepare for potential future unexpected crises?
In his essay, Yonah said, “The nature of a natural disaster is unexpected so it is important to start preparing yourself financially well before a crisis occurs.”
He went on to encourage people to fully understand what their insurance policy covers. Other of his helpful tips? Have an emergency savings account you can access easily and keeping some extra cash on hand.
Runners-up are Will Sagstetter of Roseville Area High School and Zurisaddai Alfonso of Hiawatha Collegiate High School. Each will receive a $1,000 scholarship from COUNTRY Financial.
“Congratulations to Yonah and the other finalists,” said Kevin Thompson, agency vice president at COUNTRY Financial in Arden Hills, Minn. “Yonah’s essay was full of great tips for being prepared when the unexpected occurs. We received many impressive entries in this year’s contest that offered keen insight into how natural disasters can affect people’s finances.”
About the Contest
COUNTRY Financial and the Minnesota Council on Economic Education organized the 2018 Money Smart Teen Essay Contest in support of Money Smart Week, a national public awareness campaign to help individuals and families better manage their personal finances.