Centre College’s Charles Ely ’19 (Louisville, Kentucky) was recently named a runner-up in The Motley Fool College Competition.
The Motley Fool is a multimedia financial services company that provides financial advice for investors through stocks, investing and personal finance services.
The company’s college competition is open to anyone over the age of 18 who is currently enrolled in school. Out of over 150 entries, the winner receives $10,000 and 20 runners-up receive $1,000.
Applicants were asked to write a 500-1,000-word article for Fool.com using one of three prompts: “What do people get wrong when they talk to millennials about money?,” “What’s the next big thing/company/stock?” or “What do you think is the biggest problem with the tech industry right now?.”
In addition, applicants had to submit a supplemental piece to show their personality and dedication to teaching the world how to invest better.
The Motley Fool said they found Ely’s “balanced approach to reviewing the topic of millennials and their money was thoughtful, fact laden and an enjoyable read. His infographic broke down his entry into a digestible format and was fun and interactive.”
According to the website, the best advice Ely has been given on managing money is “that it doesn’t matter how much you earn; if you never live within your means, you’ll never become financially independent.”
by Centre College News
July 18, 2018