Are you ready for the My Money My Future Challenge? Create a new resource to earn cents and you can win up to $ 10,000! †

Are you a high school student looking for a way to make some extra cash? We have just the thing.

Our friends at CIBC and the Canadian Foundation for Economic Education (CFEE) urge YOU to create a new financial resource to help other students develop healthy relationships with money.

The best part? Your creativity could earn you up to $ 10,000 in future education or training!

What types of resources can I submit?

Here are a few format options to consider:

  • Video
  • Podcast
  • Play / script
  • notebook
  • Power Point
  • animation
  • song lyrics
  • Visual arts
  • advertising
  • poem
  • website
  • Video game

These are just a few of the ways in which you can present your idea in creative ways! However, if you have an idea that isn’t on this list, feel free to try it out.

How do I take part in the My Money My Future Challenge?

Your teacher can register your class on the program’s website until March 15, 2021. You can then create and submit a resource through your teacher individually or in groups of up to four people! NOTE: If you are between 14 and 18 years old on April 16, 2021, you may be able to enter this contest.

How are the winners selected?

Basically, your teacher determines the top project of your classroom based on their own criteria. You can then submit this project through the My Money My Future program website by April 16, 2021 to advance in the regional evaluation round. Your teacher can also choose three honorable mentions.

Regional evaluation round:

Regional jury evaluates the top projects submitted by teachers as well as any independent projects submitted directly by young people. [N.B. Information on Independent Registration is on the MMMF website]. Once the judges have identified the top projects from each Canadian province and territory (plus one placeholder from each), the selected students will take part in a National Showcase. The regional jury bodies will make their decisions by May 14, 2021.

National Showcase Challenge:

Regional winners create a virtual 3-minute live presentation that provides more insight into their project. The presentation should talk about the origin of the idea, the learning opportunities, why the topic is important for young people, etc. Students will then present their projects to a national jury, which could include senior officials from government, education, and business. as well as representatives of youth groups and the NGO community. The virtual National Showcase Challenge will be open to all Canadians in early June 2021.

What could i win?

  • 1st Prize: $ 10,000 for future education or training – either for the victorious person or in equal parts among team members
  • 2nd prize: $ 5,000 for future education or training – either for 2nd place or an equal share among team members
  • 3rd prize: $ 2,500 for future education or training – either for 3rd place or an equal share among team members

What else do I have to know?

  • Your work must be original! While you can use other sources for inspiration and research, CFEE reserves the right to disqualify an entry at any time if there is evidence of plagiarism, copyright infringement, etc.
  • You must submit your work in English or French!
  • Your entry and presentation (if you are a finalist) can be publicly published and widely distributed!

Are you ready for the challenge ?! For more information on the My Money My Future Challenge and good luck, click here! We can’t wait to see what you come up with.

† NO PURCHASE NECESSARY. Open February 15 through April 16, 2021 for legal residents of Canada ages 14-18. Three prizes available: First Place $ 10,000, Second Place $ 5,000, and Third Place $ 2,500. The odds of winning will depend on the number of eligible entries and ability to meet the criteria. A maximum of one potential finalist per province and territory and one national wildcard finalist. Internet access required. See full rules for details.

Samantha Moss

Sam is an Account Manager at Student Life Network and an author for various digital platforms. She enjoys true criminal conspiracies, snowboarding, and a well-delivered punch line.


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