Financial literacy contest winners' art displayed in Treasurer's Office

Oakland County Treasurer Andy Meisner is pleased to host the "Treasurer Meisner Financial Literacy Multimedia Arts Contest" art show and award presentation on Thursday, August 16, at 4 p.m. in the Treasurer's Office, 1200 N. Telegraph in Pontiac. Winners earned college scholarship money and all students have their work displayed in the County Treasurer's Office. "Now more than ever, our students must be equipped with the financial literacy skills they'll need to control their finances, instead of their finances controlling them," said Meisner. "Students were able to use art to think in new ways about money and finances and I hope all of our students will graduate with confidence about how to handle their money." Participating students were provided with real "benchmarks" from Michigan's curriculum in the financial literacy area, which includes demonstrating the ability to: (1) take responsibility for personal financial decisions; (2) make financial decisions by systematically considering alternatives and consequences; (3) develop a plan for spending and saving; and (4) develop a personal financial plan. "The Financial Literacy Art Contest was a unique opportunity for students to combine their artistic ability with money management," said Jackie Buchanan, Genisys chief executive officer. "Encouraging young kids to become more involved and take a hands-on approach with their money is a great investment in their future." "As a financial institution headquartered in Oakland County, we see the importance of financial literacy firsthand every day in our business," said Sandro DiNello, executive vice president, Personal Financial Services, at Flagstar Bank. "The more our customers understand financial concepts like the compounding of interest, annual percentage yields, and balloon payments, the more successful they will be as consumers. And that's a win for everyone." The contest is made possible through the support and collaboration of Oakland Schools, the Community Foundation for Southeast Michigan, Genisys Credit Union and Flagstar Bank. Student art work can be viewed at www.oakgov.com/treasurer. Published: Tue, Aug 14, 2012

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