Little Falls Community High School won the Minnesota State Personal Finance Decathlon Championship April 14 at the Federal Reserve Bank of Minneapolis. The school also took second place. Little Falls last won the state title in 2012.
Little Falls students Jessica Durfee, Vanessa Meschke, Jack Schulte and Blake Toso won the championship, while students Noah Anderson, Mitchell Burr, Levi Hoffman and Ian Norwood placed second. The teams are coached by Tom Stockard.
Sixty-six teams from across greater Minnesota competed online for the opportunity to be invited to the state championships. Little Falls faced teams from Albany High School, Cloquet High School, Eden Prairie High School, Lake Crystal Wellcome Memorial Secondary School, Mounds View High School, Robbinsdale Armstrong High School, Roseau High School and Valley View Middle School in the state finals.
As state champions, the winning team will travel to St. Louis, Mo., to compete in the national competition, May 2. The national championship is organized by the Missouri Council on Economic Education with support from Wells Fargo Foundation.
The Personal Finance Decathlon is designed to test student knowledge of personal finance in the areas of earning income, paying taxes, budgeting, saving, financial planning, investing, borrowing, banking and financial institutions, insuring and thinking economically.
The seventh annual Personal Finance Decathlon was organized by the Minnesota Council on Economic Education and made possible through funding from Sit Investment Associates, Country Financial and the Federal Reserve Bank of Minneapolis. The purpose of the contest is to honor and reward student achievement in understanding personal finance and to showcase outstanding personal finance education programs among Minnesota high schools.