Muhlenberg County Public Libraries, along with local financial institutions, the Kentucky Department of Financial Institutions and the Investor Protection Institute, are encouraging local residents to compete in the 2016 DASH for the STASH.
DASH for the STASH is an investor education and protection program and contest taking place March 15-May 15, 2016. The contest is similar to a scavenger hunt, but instead of collecting objects, individuals collect information about saving and investing and use that information to answer quiz questions. To enter the contest, individuals visit a participating location where a set of posters is displayed. Contestants read each poster and then access the quiz question for each poster.
One statewide winner will be chosen in a random drawing of eligible participants who logged the correct answer for all four posters. The winner will receive a $1,000 contribution to an existing or new Individual Retirement Account for 2016.
The DASH for the STASH posters each have a QR code and a web link to a quiz that individuals will access to answer questions and participate in the contest. The posters cover four key topics: finding financial advisers, avoiding fraud, understanding investment fees, and building a nest egg. The easiest way to participate in the DASH for the STASH is to use a smartphone or mobile device to scan each poster’s QR code, but you can also use a laptop or desktop computer.
In Muhlenberg County, posters will be displayed at Muhlenberg County Public Libraries.
“We are excited to be involved with the DASH for the STASH,” Muhlenberg County Public Libraries Director Janet Harris said. “It seems like a fun and easy way for our patrons to learn more about investing and possibly win some money to help them get started.
“One of our goals as a public library is to provide information on a variety of topics to our citizens, and DASH for the STASH is a great way to do that.”
Muhlenberg County Public Libraries are also planning local financial-themed programs to coincide with the DASH for the STASH. More information about programs will be available soon.
The DASH for the STASH program is being launched by the Kentucky Department of Financial Institutions and the nonprofit Investor Protection Institute.
“DASH for the STASH is a great way to engage consumers, especially younger people, who have not yet started to pay attention to this critical part of their financial outlook,” said Don Blandin, president and CEO of the Institute. “Our goal is to lead individuals to venues, such as public libraries, where they can find reliable investor education and protection resources.”
For more information about the 2016 DASH for the STASH or upcoming local programs, call Muhlenberg County Public Libraries at 270-338-4760.
For DASH for the STASH rules, go to http://www.iinvest.org/wp-content/uploads/2016/02/DASH-for-the-STASH_2016_Rules.pdf.