The Kentucky Cooperative Extension Service celebrated Kentucky Saves Month in February. A capstone event was held in the Capitol Rotunda on February 26 where 14 youth piggy bank designers were recognized for their creativity. The program included Charles Vice, Commissioner of the Department of Financial Institutions; Colmon Eldridge III, Executive Assistant to Governor Steve Beshear; Erin Yetter, Economic Education Specialist with Federal Reserve Bank; Kelly May, President of Kentucky Jump$start Coalition, and David Lawhorn, Kentucky Education Savings Plan Trust Administrator.
This year marked the third anniversary of the youth Piggy Bank Design Contest. Winning piggy banks from each Extension District were displayed in the Capitol Rotunda for the full month of February. Through sponsorship from the Kentucky Higher Education Assistance Authority and the Kentucky Education Savings Plan Trust (KESPT), each winner received a $250 KESPT college savings account.
The Piggy Bank Design Contest provides a creative way for youth to learn the importance of saving money and reducing debt and has become a key component of the observation of Kentucky Saves Month. Kentucky Saves is a statewide campaign affiliated with the national America Saves program. The goal of this savings campaign is to educate citizens about savings and to encourage savings. Learn more about the programs and join Kentucky Saves at http://www.kentuckysaves.org/.
J. Hunter WIlliamson