Deer Valley based Well Kept Wallet, a personal finance site dedicated to helping people save money, make money, and pay off debt, is launching a new college scholarship program. To kick-off the program, the organization is hosting its first-ever college scholarship essay contest.

Young adults 18 and over will have the opportunity to submit an essay for a chance to be awarded one of two scholarships. The first place winner will receive $1,000, and the second place winner will receive $500. Essay entries must be received by Oct. 15, 2018.

Well Kept Wallet believes in helping people better manage their money by saving, spending mindfully, investing wisely, and paying off debt as quickly as possible. It is an online resource that is regularly updated with a wealth of advice, tips and tricks, and reviews.

According to Deacon Hayes, Founder of Well Kept Wallet, “We recognize that college is expensive, and many new grads are faced with a hefty amount of debt. We feel strongly about starting financial education at a young age. Through our scholarship program, we hope to help ease some of the costs of school and bring financial education to the forefront.”
The essay topic is: “Show us your extraordinary money moves.” Entrants should address the following topic and questions in a 750 to 1,000-word essay.

We love rock stars. For this scholarship topic, we want to hear about your awesome money story. Tell us about the time you did something extraordinary with money. It could be a side hustle you started in high school with your buddies. It could be the time you helped raise money for a worthy cause. Maybe you learned how to invest when you were a kid, and you made an investment in a stock that went up.

Whatever you did to achieve rockstar status, we’re looking for a unique story that shows what you accomplished and why. How did that experience shape you as a person? What did you learn? What can you share with others so they can also learn from your story?

The college essay contest is open to high school seniors and undergraduate students, age 18 and over. The entry deadline is Oct. 15, 2018, and the winners will be notified by Nov. 15, 2018. Essays should be emailed to [email protected] in a .doc, .pdf, or .docx format. For complete entry guidelines and rules, visit www.wellkeptwallet.com/scholarship.