2025 Cash Composition Contest
December 5, 2024 - February 28, 2025
Contact: Laurie Rivetto: rivettol@msu.edu or Kathy Jamieson: jamies13@msu.edu
All youth residing in Michigan, age 9-19 as of (January 1, 2025) are encouraged to answer this year’s financial essay question in 300 words or less for a chance to win a $100 gift card.
2025 Cash Composition Topic:
Credit is borrowing money to obtain goods or services based on the trust that it will be paid back. Credit can be considered good and bad. How can borrowing money (or using credit such as taking a loan or having a credit card) end up being a good decision and when might it not? How and when will you decide if it is a good choice for you to borrow money? What are some tips you would give someone who needs to borrow money?
Timeline:
All essays are due February 28, 2025.
For more information check out the link below.