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Lights, Camera, Save!

Does your son or daughter dream of becoming the next great movie star, but you’d be happier if they got a “regular” job and learned how to manage their money?

Well, the American Bankers Association Education Foundation has created a way to get started on both goals: a video contest for teenagers titled, “Lights, Camera, Save!” As with most contests, this one includes prizes!

It used to be that movies showed heroes saving damsels in distress. Think of these videos as saving budgets in distress. The goal of the contest is to get kids thinking creatively and sharing ideas about how to save money and spend it wisely.

Contestants can submit a video of up to 90 seconds about the importance of saving money. Here are highlights of the contest:

  • Contestants must be between 13 – 16 years old.
  • Videos may be submitted between September 1 and November 1, 2010.
  • Videos must be on CD or DVD.
  • Videos should show only the contestant and their original work, not other individuals, brand names, or copyrighted works such as movies or music.
  • Contestants must review and complete an entry packet, including a form assigning rights to their video to the ABA Education Foundation.

Susquehanna Bank is one of 250 banks nationwide that is hosting a first round of judging for the contest. Susquehanna Bank’s panel of judges will choose three top videos from those submitted to win the following prizes:

Grand Prize: $500 Visa® Gift Card

1st Runner Up: $250 Visa® Gift Card

2nd Runner Up: $100 Visa® Gift Card

Susquehanna’s Grand Prize winning video will be submitted to ABA Education Foundation’s national judging, where it will compete for prizes up to a $3,000 savings bond.

Ready to enter the contest? You can learn more and download an entry packet at Susquehanna Bank’s Lights, Camera, Save! website. For resources about saving and more information about the national contest, check out the ABA Education Foundation Lights, Camera, Save! website.

Who knows? Your teen may end up at the Academy Awards® some day. Or at least they’ll learn a thing or two about saving. Best of luck to all the contestants!

(Academy Awards is a registered trademark of the Academy of Motion Picture Arts and Sciences.)

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Posted in Banking Basics, Financial Education.

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