Money Smarts Challenge 2023

Bank of Ireland are on a mission to make Finances Friendlier for EVERYONE!

Award Winning¹ Gold: Best Brand Experience
Gold: Best Virtual Event

100%²of teachers would recommend to another school

100%² of students enjoyed experience

1,000s of Students² participated in 2022. Join them!

A chance to win €25,000 for your school

Teachers & Principals! The Money Smarts Quiz Challenge in 2023 will be bigger and better than ever.

This Award Winning¹ all Ireland secondary school financial literacy quiz, promises to bring this increasingly important topic to life for your students like never before, in the most rewarding way.

With Quarter Final events planned for the 18th, 19th and 20th of April 2023 in the RDS Dublin, it’s shaping up to be a truly interactive and inspiring experience, with one school securing 1st prize of €25,000 and Money Smarts Challenge Champions title.

You won’t want your students to miss this opportunity. Register NOW.

Errigal College, Letterkenny, Co Donegal, Bank of Ireland Money Smarts Challenge Champions 2022

“The Money Smarts Challenge provided me with the opportunity to discuss invaluable topics in a way that brought them to life for the students in the classroom.”

Evan Gorrell, Teacher, Errigal College Read our interview with the 2022 Money Smarts Challenge Champions here.

What you can expect in 2023 for the Money Smarts Quiz Challenge

Quarter Final events will be held in the RDS Dublin 18th, 19th and 20th April 2023 and each school is invited to put forward a maximum of five teams of four students. The day long events will be hosted by James Patrice and include talks on Financial Wellbeing and team building from special guest speakers.

The ten highest scoring teams from each regional event will go forward to the virtual Semi Finals held in May. Following on from that four schools will go head-to-head in the Grand Final in Dublin in May 2023.

”We have a better appreciation for the importance of Financial Wellbeing and management of our finances. This is important as we prepare and plan for progressing to third level education.”
Lillie, 5th Year Student, Errigal College.

Prepare your students

Start doing your homework now! The Money Smarts Quiz Challenge content is focused on the 6 pillars of Financial Wellbeing. Use the Money Smarts Challenge Teacher Guides we’ve provided with topic summaries, lesson plans and presentations on each pillar and a PDF of Money Smarts Challenge Quiz Questions from last years’ quiz, to secure that crucial competitive advantage.

View Guides

More information on Money Smarts Quiz Challenge

Money Smarts Quiz Challenge 2023 FAQs
Will the Money Smarts Quiz Challenge Quarter Final events be in person events in 2023?
Yes. The Quarter Final events will be held in the RDS Dublin on the 18th, 19th and 20th of April 2023. More comprehensive detail including the timing of all the events will be shared with you closer to the date. You can Register now.
Is there an option to partake in the Money Smarts Quiz Challenge Quarter Final events virtually?
At this time, there is no opportunity to compete virtually in the Quarter Final events. We may review this at a later stage.
When will the Money Smarts Quiz Challenge take place?
The Money Smarts Quiz Challenge will be held in the RDS Dublin on the 18th, 19th and 20th of April 2023. More comprehensive detail including the timing of all the events will be shared with you closer to the date. You can Register now.
Will there be a travel bursary offered?
Yes. More specific detail on this will be provided at a later date.
How much time should I allow to attend a Money Smarts Quiz Challenge Quarter Final event?
You should allow for a full day away from school to attend the Money Smarts Quiz Challenge Quarter Final event.
What time will the Quarter Final events finish?
The event should not run later than 3:00pm.
Will lunch be provided on the day?
Yes, for the Quarter Final events, a light lunch will be provided for all students and teachers.
Do we have to hold an in-school competition to choose our team for the Money Smarts Quiz Challenge?
No. There is no requirement to host an in-school competition, however, there is an option to do so that will create buzz around the Money Smarts Quiz Challenge in your school. You might already know what students you want to put forward, and that’s fine.
What age students/student years is the Money Smart Quiz Challenge most suited to?
Whilst the Bank of Ireland Money Smarts initiatives are most suited to Transition year students, we’re delighted to accept entries from any year aged between 12-19 years old.
How many students can participate on each Money Smarts Quiz Challenge team?
A maximum of four students can form one of the five Money Smarts Quiz Challenge team’s that each school can enter into the Challenge.
How many teams can each school put forward to compete in the Money Smarts Quiz Challenge Quarter Finals?
Each school can put forward a maximum of five teams to compete in the Money Smarts Quarter Final event.
What is the 1st Prize for the Money Smarts Quiz Challenge?
The winning school of the Money Smarts Quiz Challenge will receive 1st prize of €25,000.
If I need to change a team member after I have registered for the Money Smarts Quiz Challenge or ahead of an event, what is the process?
In the New Year, once you have registered formally for the Money Smarts Quiz Challenge, you will be asked to confirm the names of the students on each team. These should be the students who continue to compete throughout the event i.e. from the Quarter Finals, through the Semi Finals and on to the Grand Final.
If your team(s) are successful, at each stage of the process, you will be asked to confirm the names of the students competing on each team. If there is any change to the students competing on a particular team, you will need to let us know immediately. You can do that by emailing youthbanking@boi.com
Do the same team members who competed in the Quarter Final events need to compete in the Semi and Grand Finals?
Yes. Changes to team members can only be made in exceptional circumstances, details of which will need to be shared in advance with us via email youthbanking@boi.com
Are there any example of Money Smarts Quiz Challenge questions you can share ahead of the event?
Yes. You can access sample quiz questions on our website via boi.com/moneysmarts. Scroll down to the Teacher Guide section where you can find the sample quiz questions PDF file.
What other activities will be part of the Money Smarts Quarter Final events?
Each Quarter Final event will be wholly immersive with games and activities for students to enjoy. Our Money Smarts Seminar will make a return with a selection of inspiring and educational talks from experts and influencers who’ll share their experiences of financial literacy, top tips on key life skills and general wellbeing rules to live by, alongside other broader topics super relevant to teens today. And of course, most importantly, each Quarter Final event will see teams of students battle it out in the Money Smarts Quiz Challenge to secure one of 10 places in the virtual Semi Finals.
We will have more comprehensive detail to share on all activities pertaining to the Money Smarts Quarter Final events in the coming weeks.
How can we prepare for the Money Smarts Quiz Challenge in advance?
Teacher Guides containing topic summaries, lesson plans and presentations on the six pillars of financial wellbeing can be found on the website via boi.com/teacherguides
Are there completion certs available?
Yes. Completion certs will be issued following the attendance at the Money Smarts Quiz Challenge events.
What is the running order of the day?
More comprehensive detail on all aspects of the Money Smarts Quiz Challenge including the running order, dates, times, locations of all events will be shared with you closer to the date.

NEW! Money Smarts Creative Challenge 2023

The Money Smarts Creative Challenge 2023 is an alternative Money Smarts initiative for students and teachers who would prefer to take on a more creative challenge.

Like the Money Smarts Challenge Quiz, this challenge focuses on teaching students about financial wellbeing in a fun and interesting way.

There are three categories included in this challenge and each individual student / team can pick category to submit an entry.

View Categories
- It All Ads Up – Which invites students to create a TV/Radio or Social Media Ad to generate interest from teenagers around Financial Wellbeing
- Financial Times – Gives students the chance to write/record an opinion piece for a media house on the topic of Youth Financial Literacy and why it is or isn’t an important life skill
- The Art of Influence – Invites students to submit a plan that persuades teachers and the Department of Education that Youth Financial Literacy should be added to the school curriculum
Students can enter on their own or as part of a team, there are no limits on numbers, or imagination. We’re looking for the most creative, eye-catching and exciting entries, so dig deep and think BIG!

More information on Money Smarts Creative Challenge

Money Smarts Creative Challenge FAQs
What is the new Money Smarts Creative Challenge?
The Money Smarts Creative Challenge is an in-classroom initiative that invites individuals or teams to pit their wits and imaginations against each other to win an amazing prize. Students are encouraged to use their creative skills to start a conversation about finances with their peers and bring Financial Wellbeing to life in a fun and engaging way!
What are the three categories included in the Money Smarts Creative Challenge?
1. It All Ads Up – Which invites students to create a TV/ Radio or Social Media Ad to generate interest from teenagers around Financial Wellbeing
2. Financial Times – Gives students the chance to write / record an opinion piece for a media house on the topic of Youth Financial Literacy and why it is or isn’t an important life skill
3. The Art of Influence – Invites students to submit a plan that persuades teachers and the Department of Education that Youth Financial Literacy should be added to the school curriculum
When do entries for Money Smarts Creative Challenge have to be submitted?
Entries for the Money Smarts Creative Challenge must be submitted by 28th April 2023 to Youth@cmsmarketing.com, the top five in individual and three team submissions from each category will be invited to showcase their work to a panel of experts at an event in Dublin in May 2023. We will provide more information on this in the New Year.
Is there a specific format for entries for the Money Smarts Creative Challenge to be submitted?
Submissions must be no more than 1000 words in either Word or PowerPoint format and supporting assets such as video or audio files must be submitted via WeTransfer. We will provide more information on this in the New Year.
How many individuals/teams from each schools can take part in Money Smarts Creative Challenge?
Students can enter on their own or as part of a team, there are no limits on numbers, or imagination. We’re looking for the most creative, eye-catching and exciting entries, so dig deep and think BIG!

Competitions are not an activity regulated by the Central Bank of Ireland.

1 AMPC Awards 2021

2 Money Smarts Challenge Post Event Survey, May 2022 with Secondary School Teachers whose students participated