April 1, 2016 at 3:42 p.m.
Dollars and sense: Rhinelander students win Finance and Investment Challenge Bowl
Dollars and sense: Rhinelander students win Finance and Investment Challenge Bowl
By Kayla Thomason-
Rhinelander High School, Three Lakes High School and Bowler High School participated in the competition which featured a total of 18 teams with an average of four students per team.
All of the students have been taking classes related to economics and financial literacy.
"This event allows them to showcase what they've learned," said Richard Entenmann, executive director with Asset Builders, organizer of the quiz bowl. "It's a fun thing and they really like the competition and game format."
Alison Kubeny, a senior at Rhinelander High School, participated on team RHS #11.
"I think we did well," Kubeny said after the second round. "We have a few really talented team members who can buzz almost before the question has finished being read, so it's a lot of fun. It's fun to work together to figure out the answers on ones we're not sure of, too."
The FICB is a fun way for students to learn important concepts, Kubeny added.
"I think it's extremely important especially considering that the questions are 40 percent - I believe - comprised of financial literacy questions," she said. "That's one of the big focuses at our high school. As a credit to graduate, you need to be financially literate now so I think this is a fun way for students to see how much they know and how much more they can still learn."
Jeffrey Chizever, also a senior at Rhinelander High School, participated on team RHS #5.
"I think it's going well, I'm being fairly confident in my answers and may be buzzing in before they read the whole question, but it seems to be working out well so far," he said, adding that the hardest questions for him pertained to trivia involving specific companies.
As they will soon be required to pay their own bills and keep track of their own money, Entenmann said financial literacy education is pivotal to a successful future.
"I think it's really essential that kids graduate high school with some basics of money management," he said. "The stuff is not necessarily all that hard that they really need to know, but it's not intuitive for them so they don't just roll out of bed and say 'I'm going to fix my credit score.'"
FICB is held all over the state in six other locations. The top teams from each competition will go on to represent their region in the state finals April 27 in Milwaukee.
RHS #11, which includes Bryce Young, Andy Padgett, Max Holperin and Alison Kubeny, RHS #5, which includes Mitchel Modic, Jeff Chizever, Gunnar Millot and Jacob Piasecki, and RHS #2, which includes Eva O'Melia, Taylor Trachte, Adam Mueller and Jon Fox, advanced to state.
Schools who would like to participate are welcome to compete next year and can find more information at www.assetbuilders.org.
Kayla Breese may be reached at kayla@ rivernewsonline.com.
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