Ten teams of
“The Vermont Treasury Cup Challenge encourages students to learn about personal finance, economics, and consumer affairs,” said State Treasurer
“Winning the cup is nice, but the real reward is the hours and hours of prep leading up to the big day,” stated student
The Vermont Treasury Cup Challenge is a double-elimination tournament, 4-6 person student teams compete in a quiz-show style contest. Each member of the championship team received a
“You never know what the day will bring with the Treasury Cup, but you can bank on meeting great students and teachers and having a blast,” said Coach
Each match featured three rounds of questions. In round one of each match, students were asked questions on personal finance. Questions covered topics such as how to responsibly use credit, ways to budget money, understanding taxes, and purchasing a house. In the second round, students addressed questions on the economy. Students were asked about the rate of inflation, what is the gross domestic product, the importance of the unemployment rate, how stock markets work, and monetary policy. The final lightning round allowed students to compete to answer questions that covered both personal finance and economics.
Students competing for
“I want to thank all of the students, teachers, volunteers, and sponsors who make the Vermont Treasury Cup Challenge possible. When Vermonters develop their personal finance skills, they are better positioned to lead a lifetime of financial well-being. I'm proud of these competitors,” Treasurer Pearce concluded.