This competition has been designed to generate interesting and attention-grabbing videos about credit for young adult audiences across the nation. The videos will be shared on the new Consumer Jungle website where the public can vote for their favorite submission. The Consumer Jungle website is intended to motivate young adults to practice healthy money habits in a fresh and interactive way. Consumer Jungle is a program of the Take Charge America Institute for Consumer Financial Education and Research.
Teams of at least two middle and/or high school aged individuals led by an adult mentor will create a proposal about a video they wish to create informing their peers about credit. The proposals will be uploaded to the Consumer Jungle website by 5:00 PM MDT on Friday, September 23, 2011. Proposals will be reviewed by a “blind” Consumer Jungle committee. The schools/organizations with the top five proposals will receive a flip video camera and $500 (which will be received after the submission of a video) that may be used to help support the creation of the video outlined in the proposal. The top five teams will be notified by Thursday, September 29. At that point, the top 5 finalists will be provided with additional information regarding the video creation process and may begin creating their videos outlined in their proposals. Videos from the top five teams will be due Friday, October 28 and will then be uploaded to the Consumer Jungle website by Thursday, November 3 to be voted on by the public. The school/organization that creates the video that receives the most votes will receive an additional $1,500. The mentor of the team with the winning video will also receive a waived registration (in a shared room) and a travel stipend of up to $300 to attend the 2012 Family Economics & Financial Education National Training.