National Virtual Business Challenge

Five students from the Cherokee FCCLA Chapter recently placed in the National Virtual
Business Challenge. Round 1 of this competition was held October 18-November 11,
2022. The Cherokee students competed in the Personal Finance event. The Virtual
Business Challenge-Personal Finance event encourages FCCLA members to test their
financial literacy skills. Participating teams make personal finance decisions for a
simulated person.

The concepts students manage include opening bank accounts, paying bills, filing
taxes, applying for jobs, enrolling in educational courses, paying for goods, applying for
credit cards, determining schedules, budgeting, and more. For each round, teams are
ranked based on their persons net worth after running the simulation for two virtual
years. The top 8 in each qualifying round then move on to compete in the National
Championship Round in Spring 2023.

Cherokee FCCLA members swept 1st - 3rd in the first round. Hope Jordan finished in 1st place; Veronica Castro and Kynli Patterson finished in 2nd place; and Davin Budy and Kinsy Roberts finished in 3rd place.

The winning teams of the National Championship Round Challenge will receive National
Leadership Conference travel awards of $1000 (1st place), $500 (2nd place) and $250
(3rd place) to attend the National Leadership Conference in Denver, Colorado and will
participate in the Knowledge Matters exhibit to demonstrate the simulation and assist
with simulation demonstrations.

Hope Jordan, 1st Place FCCLA National Virtual Business Challenge Round 1

Kynli Patterson and VeronicaCastro, 2nd Place FCCLA National Virtual Business
Challenge Round 1

Davin Budy and Kinsy Roberts, 3rd Place FCCLA National Virtual Business Challenge
Round 1