Quiz Bowl is brought to you in part by New Perspectives, Inc.

It's about more than your portfolio.

It's about your life.

Welcome to the Mississippi Quiz Bowl.

I'm your host, Keri Horn, and today's competition is the Personal Finance Challenge, Middle School Division.

Today, we gather to celebrate financial literacy and empower our participants to navigate the complexities of personal finance with confidence and skill.

This event promises to be an exhilarating showcase of knowledge, critical thinking and practical application.

Our final teams competed in a regional challenge earlier today, and have proven themselves to be the best.

And now, the final round of the challenge is being televised by Mississippi Public Broadcasting As I mentioned before, my name is Keri Horn and I'll be your host today.

Our Quiz Bowl judge is David Johnson, Senior Vice President, Director of Community Development with Bank Plus.

He is assisted by Queenie Qualls and Casey Bacon of Statewide Federal Credit Union.

Organized by the Mississippi Council on Economic Education, the Mississippi Personal Finance Challenge Quiz Bowl is more than just a competition.

It's an opportunity for students to develop essential life skills that will serve them well beyond the classroom.

Now, participants will answer questions from various financial literacy topics, ranging from budgeting and saving to investing and retirement planning.

Now to my right, we have Wayne Academy and to my left, we have Epic Academy.

Let's learn a little bit about our contestants.

My name is M'Lakyn and I've had 12 surgeries in 14 years of my life.

My name is Charleigh Loper and my fun fact is I have worked on five theatrical productions and currently working on two more.

>> My name is Sophia and I have worked on machinery.

>> My name is Ke'Asya and I am going to Disney World at the end of the month.

>> My name is Quindarrious and I like cutting hair.

>> My name is Hallee Carter and I love math.

>> My name is Brady Browning and I love to play video games.

>> Thank you, everyone.

I appreciate learning those facts about you.

Now, before we get into it, Before we get into it, let's review the rules.

Now, as we begin this thrilling journey, we encourage all participants to embrace the spirit of friendly competition, collaboration, and learning.

Good luck to both teams.

And now, let the Mississippi Personal Finance Challenge Quiz Bowl begin.

Our first round is earning income and spending.

Yes, Wayne Academy.

- Gross pay.

- That is correct.

Next question.

♪♪ You have four seconds.

♪♪ And I'm afraid that's time.

Sorry.

That is human capital.

♪♪ Next question.

Wayne Academy.

Opportunity cost.

That is correct.

All right, next question.

Wayne Academy.

Self-employment.

That is correct.

All right, this next question is a fill in the blank question.

You got three seconds.

And that's time.

We're in this season right now.

It is taxes.

All right, here we go.

Next question.

Got four seconds.

I'm afraid that's time.

The answer is human capital.

All right, next question.

Interview?

That's right, a job interview.

That is correct.

All right, next question.

Minimum wage.

That is correct.

Epic Academy.

Budget.

That is correct.

Next question.

Wayne Academy.

Neats.

Afraid that is incorrect.

I will re-ask the question for Epic Academy.

Finance.

I'm afraid that's incorrect.

We have here budget categories.

All right, next question.

Wayne Academy.

Splurge spending?

Yes, that's correct.

We have impulse buying, but that is the same spirit.

So yes.

All right, next question is a fill in the blank question.

- Opportunity cost?

- That is correct.

All right, next question.

♪♪ You have three seconds.

♪♪ And that is time.

The answer is Comparison Shopping.

♪♪ All right, next question.

Yes, Epic.

Credit.

That is correct.

Wayne Academy.

Budget.

That is correct.

Or a spending plan.

Next question.

Wayne Academy.

Fixed expenses.

That's correct.

All right, and this is our final question for round one.

All right, Epic Academy.

(inaudiable) I'm afraid not.

I will, I'll re-ask the question for Wayne Academy.

And that's time.

It is called importing or imports.

And that concludes round one.

And our current scores are Wayne Academy with six points and Epic Academy with zero points.

But it is still anybody's game.

We still got two more rounds to go.

So, okay, and starting with round two, our topic All right, Epic.

Compound interest.

That is correct, compound interest.

All right, next question.

Epic Academy.

Checking account?

I'm afraid that's incorrect.

I'll ask Wayne Academy.

Savings.

That is correct.

All right.

Wayne Academy.

Goals.

That is correct.

Yes.

All right.

Next question.

Wayne Academy.

Emergency fund.

That is correct.

Alright, next question.

Wayne Academy.

Principal.

That is correct.

Alright, next question.

-Interest.

-That is correct.

Epic.

Loss That is correct.

♪♪ - Investing.

- Yes, that is correct.

Very good.

Next question in this one is a fill-in-the-blank question.

Epic.

Pardon?

- Investing.

- I'm afraid not.

I will ask the question to Wayne Academy.

Fill in the blank.

Diversification.

Yes, that is correct.

All right.

Next question.

It's another fill in the blank.

Wayne Academy.

Risk.

That is correct.

Alright, next question.

You've got two seconds.

I'm afraid that's time.

It is compounding or compound interest.

That's what that is.

Yeah.

All right, next question.

Wayne Academy.

- A share.

- That is correct, or a stock.

All right, next question.

Got three seconds.

And that's time.

That is a mutual fund.

All right.

Next question.

Two seconds.

And that is time.

The answer is direct relationship.

All right, we have a fill-in-the-blank question.

- Capital gain.

- That is correct.

All right.

♪♪ Three seconds.

I'm afraid that's time.

The answer is a bond.

All right, another fill in the blank question.

Wayne Academy.

Inflation.

That is correct.

Epic Academy.

Long term.

That is correct.

Next question.

Wayne Academy.

Risk.

That is correct.

And this one is the last question of round two.

Two seconds.

And that's time.

The answer is a return, a return on investment.

And at the end of round two, we have the scores of Wayne Academy with 16 and Epic Academy with one.

The next round will be our final round, managing credit and managing risk.

Wayne Academy.

A loan.

We will accept that.

All right.

Next question.

Epic Academy.

Score.

Credit Score?

I'm afraid that's incorrect.

I will put the question to Wayne Academy.

One second.

It is called an interest rate.

All right.

Next question.

Wayne Academy.

Credit score.

That is correct.

All right Wayne Academy.

APR, annual percentage rate.

That is correct.

Wayne Academy.

Credit score.

That is correct.

All right, here's a fill in the blank.

♪♪ Got two seconds, all right, insured loan.

I'm afraid that's incorrect.

I'll re-ask the question to Epic Academy.

Fill in the blank.

Ok.

Unsecured.

Pardon?

Unsecured?

>> I'm afraid that is incorrect.

It's actually known as a secured loan.

All right.

Next question.

>> More risk.

That's correct.

Alright.

Three seconds.

That's time.

The answer is a large purchase.

Next question.

Two seconds.

And that's time.

The answer is interest charges.

>> All right.

Next question.

>> Credit score.

>> That is correct.

Next question.

Wayne Academy.

Collateral.

That is correct.

All right, next question.

All right, two seconds.

All right, Wayne Academy.

Credit limit.

That is correct.

Alright, next question.

Credit.

Credit report.

Yes, sir.

That is correct.

Epic.

Um, bank?

Uh, no, that's incorrect.

I'll re-ask the question for Wayne Academy.

All right, I'm afraid that is time.

The answer is lender.

Shakespeare had words about that.

Neither a borrower nor a lender be.

There you go.

Next question.

Alright, you have four seconds.

I'm afraid that is time.

The answer is refinancing.

All right, we have another fill in the blank question.

Fill in the blank.

All right, Wayne Academy.

Insurance.

That is correct.

All right, next question.

Epic Academy.

Health insurance.

That is correct.

Next question.

Yes, Wayne Academy.

Emergency fund.

Yes, that is correct.

Next question.

Epic Academy.

-Deductible.

-That is correct.

Okay, next question.

Epic.

-Auto insurance.

-That is correct.

Fill in the blank.

Wayne Academy.

Premium.

That is correct.

Next question.

Wayne Academy.

Identity theft.

That is correct.

Next question.

♪♪ You have three seconds.

♪♪ That's time.

It is an insurance policy.

Next question.

Yes, Epic.

Long-term disability.

♪♪ Yes, that is correct.

All right, this is a fill in the blank.

Epic.

Life insurance.

That is correct.

>> I'm afraid that is time.

The answer is risk pooling.

Next question.

Two seconds.

I'm afraid that is time.

The answer is Risk Management.

The last and final question of the round and of the game.

Two seconds.

All right.

Unexpected.

I'm afraid that's incorrect.

I will ask the question again for Epic Academy.

And I'm afraid that is time.

The answer is data loss.

And that concludes our final round with our final scores of Wayne Academy with 24 and Epic Academy with 7.

And I want to congratulate Wayne Academy for being today's winner.

But we also want to extend our sincerest congratulations to all the participants of the Mississippi Quiz Bowl Personal Finance Challenge.

To the students and academic coaches who have dedicated countless hours of preparation, your hard work and perseverance have not gone unnoticed.

You have exemplified the spirit of intellectual curiosity and academic excellence, and we I commend you for your outstanding achievements.

Congratulations again to both teams for making it to this final round.

And thank you so much for watching the 2026 Mississippi Personal Finance Quiz Bowl Middle School Division.

I'm Keri Horn, and I'll see you next time.

♪♪ Sorry about that.

That's how television is made.

I love it.

Because you don't have to Get it right all the first time.

Ha ha.

That'd be in trouble.