Start Teens Saving with Lights, Camera, Save!
The American Bankers Association Foundation knows how much teens love to talk about money, or at least their grandiose plans to spend it. Getting students to think critically about their spending habits and understand the importance of saving, however, often poses challenges. That’s why each year the Foundation holds its annual Lights, Camera, Save! teen video contest.
Launched in the fall of 2010 the Lights, Camera, Save! video contest encourages students, age 13-18, across the country to show the importance of saving and using money responsibly. This bank-driven, community-based initiative is meant to inspire students to think about what saving means to them while communicating it in a way that speaks to their peers. Students can participate by submitting their short savings videos to banks in their area hosting a contest.
Host banks then determine a local winner to submit the ABA Foundation that will represent them in the national contest. Two rounds of internal judging narrows the entries down to 4-6 national finalist videos. Then a group of external judges, who have shown a commitment to furthering financial education, determines which talented teens are selected as 1st, 2nd, and 3rd place finishers. Contest winners receive $5,000, $2,500 or $1,000, respectively, toward their savings goal. In addition, the ABA Foundation awards an educator scholarship to attend Jump$tart’s annual National Educator Conference on behalf of each winner.
The Lights, Camera, Save! judging panel awarded the 2018-2019 national grand prizes as listed below:
First Place Winner—$5,000
1st Place - $5,000
A Time to Save
Security Federal Savings Bank
Second Place Winner—$2,500
Saving to Give
Burke & Herbert Bank
Third Place Winner—$1,000
2018-2019 national winners announced via ABA’s YouTube Channel on Wednesday, February 27, in celebration of America Saves Week. To learn more about the contest visit www.lightscamerasave.com.