Personal finance

HoCo Group Locations In High 4 At Nationwide Private Finance Problem

HOWARD COUNTY, MD — For the second 12 months in a row, the Purposes and Analysis Lab faculty group from Ellicott Metropolis was one of many prime 4 finishers in America within the Nationwide Private Finance Problem, incomes an all-expense-paid journey to New York Metropolis to compete with three different groups within the remaining spherical this summer season. A group from the Purposes and Analysis Lab final 12 months scored first runner-up honors within the 2021 nationwide finals.

Organized by the Council for Financial Schooling, the Nationwide Private Finance Problem encourages highschool college students to display mastery of incomes, spending, saving, investing and managing credit score and threat.

“Studying private finance expertise whereas nonetheless in highschool units younger individuals on a path to achievement all through their lives,” Nan J. Morrison, president and chief govt officer of CE, stated. “College students from faculties who’ve entry to private finance programs get a terrific head begin on life.”

Software and Analysis Lab’s 2022 group contains Anuj Alamasety, Noah Hoffman, David Liu (Glenelg H.S.) and Nathaniel Sager, coached by trainer Maddy Halbach. They competed within the finals with groups from Ardrey Kell Excessive Faculty (Charlotte, North Carolina), Germantown Excessive Faculty (Madison, Mississippi) and Land O’ Lakes Excessive Faculty (Florida).

Groups on the June 5 finals had solely two hours to research a hypothetical household state of affairs and create a significant monetary plan. Every member of the successful group will obtain $2,000, with money prizes of $1,000, $500 or $250 for every group member taking dwelling second, third and fourth place nationwide honors.

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