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May 11, 2012

FOR IMMEDIATE RELEASE

treasurer_cowell_financial_literacy_video250.jpgTreasurer Cowell Premieres Financial Literacy Video
More than 100 North Carolinians share what financial literacy means to them

RALEIGH – State Treasurer Janet Cowell premiered the “In Your Own Words” financial literacy video at the North Carolina Council on Economic Education’s 26th Annual Stock Market Game Awards Banquet on Friday, May 11.

The video, created by the N.C. Department of State Treasurer, is a compilation of photographs and video footage of more than 100 North Carolina citizens who were asked to express what financial literacy means to them. The final product tells the story of North Carolinians who are saving to retire early, buy their own homes, earn degrees, and other goals.

“The financial decisions we make affect every area of our lives,” stated Cowell. “I’m grateful to all the students, teachers, and other North Carolina citizens who helped us emphasize the importance of financial literacy by illustrating how it impacts them day-to-day.”

The Department received submissions from grandmothers who put their grandchildren through school, pageant winners who are putting aside money for their children, and a woman who saved up for a trip to Europe.

The video was created in April in honor of National Financial Literacy Month.

Cowell introduced the video to approximately 100 students who were recognized for their participation in the Stock Market Game, a competition that allows students in grades four and above to master economic, mathematical and business concepts by managing a hypothetical $100,000 portfolio. Awards are given based on portfolio value at the end of the trading session. The awards banquet was sponsored by Fidelity Investments.

View the “In Your Own Words” video on the Financial Literacy section of the Department of State Treasurer website