North Dakota launches October challenge to improve money management skills

The State of North Dakota is encouraging residents to take part in the October Money Personality Challenge through the Smart With My Money program, according to the Minot Daily News. Participants can create a free account to complete a financial checkup and take a Money Personality Quiz that provides personalized learning recommendations.

Bank of North Dakota President and CEO Don Morgan said the challenge aims to help residents improve financial literacy after North Dakotans received a C grade in a recent Financial Industry Regulatory Authority study. The Smart With My Money initiative, launched in April 2024, seeks to make North Dakota the most financially literate state by 2027, according to the Minot Daily News.