Charles Schwab recently launched the first in a series of contests with $100 cash prizes to encourage young people to share their money experiences and spark a dialogue on the high-avoidance topic of personal finance. The contests will pose a different question on each alternating Monday throughout the year on the unique challenges facing young adults.

Contest questions will be posted on Schwab’s educational website,, and tweeted via @schwabmoneywise on Twitter. You must be 18 or older to participate. To enter, submit on the website a story of no more than 100 words. Winners will be selected on the basis of originality and creativity.