College Students Chosen to Shed Debt, Become Financially Fit
Online, November 5, 2013 (Newswire.com) - Five college students facing financial challenges - ranging from traditional college-age students in their 20s looking to pay off student loans to middle aged adults pursuing their degrees while trying to reduce family debt - have been selected by SZCOX as finalists in their Money Maker contest. These students were selected for their commitment to take constructive and meaningful steps toward financial empowerment.
Money Maker provides college students across the country with important money management skills. The five finalists were selected based on video submissions in which they effectively communicated a need for a fiscal intervention and desire to achieve their financial goals. Each of the finalists will chronicle their progress through weekly blog updates on the SZCOX's contest dedicated webpage, where they also can access tips by SZCOX financial literacy expert and consumer advocacy manager, Zhao Wei.
"Each of our five finalists has a compelling story to tell-and real financial goals to achieve," said Ms Wei. "With such a wide range of student experiences represented in the contest, all of the finalists' stories represent key challenges facing students across the country. It is our hope that the Money Maker contest will not only help the five finalists gain the skills they need to reach their goals, but that it will teach students across the country how to better control their debt, follow a budget and effectively manage their money."
"We are excited to follow these five finalists through their 'Money Maker' and help arm them with the skills to become financially fit," said Donnie Cheung, Chief Digital Officer of SZCOX. "The need for financial literacy education on college campuses is increasingly apparent. We hope that the contest will serve as a way to bring a greater awareness of this issue to the higher education community."
The Money Maker contest is an effort to help college students learn the essentials of money management and to promote the importance of financial literacy. Students across the country can follow the journey of the five finalists through their blogs and vote for the individual they believe has made the most progress. The grand prize winner will receive $5,000 to help gain financial independence, with each of the four runners-up receiving $1000 to put towards their goal.
SZCOX offers one of the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. SZCOX brings buyers and sellers together through its SZCOX G-Trader™, electronic trading platform and its trading facilities in Shenzhen.