Cash Composition Contest
In support of Financial Literacy Month（April）, Michigan State University Extension and 4-H, a youth organization, are coordinating（协调）the Cash Composition Contest. Youths residing in Michigan are encouraged to answer this year's essay question with an essay of 300 words or less. The 5 top-scoring essays will each win a $100 gift card thanks to the generous sponsorship by Extra Credit Union.
Timeline
April 30, 2023: Essay submission due by 11:59 pm
May 31, 2023: Winners notified
Cash Composition Topic
What is the difference between a need and a want? Discuss how you determine if something is a need or a want. How can you make sure you have enough money to get your needs and still enjoy some of your wants? Share how needs and wants might change throughout one's life.
Grading Standards
●Quality of Writing
●Organization and Information
●Grammar
Guidelines
Participants must:
●Between 9—12 years of age as of January 1, 2023 living in the state of Michigan.
●Have knowledge of money management such as saving, spending, borrowing, and planning appropriate for age and grade level.
Requirements
●Youths must have parental or guardian permission to apply and participate.
●The application form must be completed by a parent/guardian.
●Youths must write an essay
（300 words or less）on the assigned topic above.
●Essays must be submitted on the contest registration page.
●The essay must be the work of the student submitting it. It is highly recommended that youths write their essay prior to completing the registration/submission form.
