Money management may be one of the most important skills you can learn. Improve your money management skills and become a more informed consumer. Learn to distinguish between wants and needs; identify, set, and evaluate goals; and track expenses and income.
Choose from projects Entrepreneurship, My Financial Future 1, and My Financial Future 2.
In level 1, learn what an entrepreneur is, identify successful traits of entrepreneurs, identify your personal talents, and learn about businesses. In level 2, learn common business languages, develop a plan for your product, learn to marketing your product, and learn to target customers. In level 3, design a marketing plan, market your ideas, and create a business plan.
My Financial Future 1
In level 1, study real-life financial scenarios, study future careers, set SMART goals, and create spending plans.
My Financial Future 2
In level 2, learn to manage financial records, choose payment methods, and manage credit.
Resources to help you learn
- Be the “E” Entrepreneurship Activity Guide
- My Financial Future: Beginner
- My Financial Future: Advanced
- My Financial Future: Facilitator Guide
Be the “E” Helper Guide
State Fair Exhibit Rules
Each county may submit 2 entries total from 50168, 50169; and 1 entry from 50167.
50168 My Financial Future – Beginner
Develop a Financial Planning portfolio which includes the items listed below. This project can be completed all in one year; or a member may take several years to explore each of the activities and develop a more detailed financial plan. The original OR photocopies of the completed activities from the project manual should be included in the portfolio. Each year enrolled in the project should build on previous year experiences.
- First Year – Complete a minimum of Activities 1-6 from the My Financial Future – Beginner project manual which includes: Who Needs This?; Let’s get SMART; Bringing Home the Bacon; Managing Your Money Flow; My Money Personality; and Money Decisions.
- Second Year and Beyond – Complete a minimum of Activities 7-11 from the My Financial Future – Beginner project manual which includes: Banking your $$$$$; Charging it Up; Check it Out; Better than a Piggy Bank!; and My Work; My Future.
50169 My Financial Future – Advanced
Building on your previous work in My Financial Future – Beginner project, continue adding to your Financial Planning portfolio which includes the items listed below. Members are encouraged to spend more than one year involved in this project so they have time to thoroughly explore the learning modules and develop a greater understanding of financial literacy, planning for their future, and develop a comprehensive career and financial planning portfolio. The original OR photocopies of the completed activities from the project manual should be included in the portfolio. Each year enrolled in the project should build on previous year’s learning experiences.
- First Year – Complete a minimum of two activities from Module 1: Earning Income and Career Planning and Module 2: Organizing Your Flow.
- Second Year – Complete all activities not previously completed in Module 1: Earning Income and Career Planning and Module 2: Organizing Your Flow; AND a minimum of two the activities from Module 3: Working with Banks and Credit Unions: Bank on It and Module 4: Making Your $ Work 4 U.
- Third Year and beyond – Complete all activities not previously completed in Module 3: Working with Banks and Credit Unions: Bank on It and Module 4: Making Your $ Work 4 U; AND a minimum of two activities from Module 5: Credit and Consumer Breadcrumbs.
50167 Consumer Ed Ready4Life Challenge
Open to 11- to 18-year-olds enrolled in any Consumer Education project
Exhibits in this category must include the following: a) a physical representation of the career or business product such as a model, prototype or display/portfolio that includes images of accomplished work; b) verbal or written explanations that demonstrate knowledge of the related career or business fields, potential careers, and the appropriate requirements for achievement in those fields. The judging criteria for this class values thoroughness of career and/or business exploration and pursuit above the workmanship of the physical specimen on display.