Chris wrote to tell me that ING Direct has launched two programs designed to increase financial literacy. One of the programs targets writers, the other targets teachers:

The Adventures in Saving writing contest invites aspiring authors of all ages to create a children’s story with a savings theme for the chance to win $1,000 and be published. The Planet Orange Financial Literacy Awards will offer $100,000 in grants to kindergarten through eighth grade teachers to implement financial literacy projects and programs into their lesson plans.

Adventures in Saving
The writing contest is actually divided into three age categories: 6-12, 13-19, 20+. Each winner will receive $1,000 and be published. If you enter, you don’t have to illustrate your story — you just have to “address a concept that teaches kids a basic lesson about responsible money management.” The judging criteria are:

  • Plot development
  • Character development
  • Interesting ending
  • Appropriate length
  • Focus on basic financial concept
  • Format, follows rules, spelling, punctuation, grammar
  • Lesson(s) learned
  • Age appropriate
  • Tightness, clarity, impact

Entries are accepted until the end of June, and the winners will be announced in August.

Financial Literacy Awards
ING Direct’s grant program is designed “to help educators teach children about the world of money and personal finance.” The company will be awarding up to $100,000 in grants to fund projects that help kids learn about money management.

Teachers are eligible to apply if they live in the U.S., have been teaching for at least two years, and teach children from from kindergarten to eighth grade. Grants will be awarded in amounts between $200 and $1000. The application deadline is April 20th.

It would be awesome if a Get Rich Slowly reader won the writing contest or obtained a grant. I encourage you to participate if you’re in a position to do so. Be sure to drop me a line if you do enter — at the very least, we can share your work with readers here!

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