WHAT WE DO
Everyone knows money doesn't grow on trees. At least they will if H&R Block has any say in it. By learning strong budgeting skills and fiscal discipline early, kids can gain the knowledge and confidence to manage their own financial future. Our free H&R Block Budget Challenge® encourages students to learn personal finance in a fun, engaging way while competing against other classrooms and students for $3 million in classroom grants and student scholarships.
Competitions take place throughout the year. Up-to-date teacher sign-up details are found at: www.hrbds.org
WHAT WE OFFER
Budget Challenge® uses patented simulation technology and modern financial tools such as online banking and electronic bill-pay to immerse students into the daily life of a typical young adult living independently for the first time. Each student gets a regular paycheck, a bank account, a 401(k) savings account, and bills to pay throughout the multi-week simulation.
Practical, yet non-prescriptive, Budget Challenge® allows students to go through the actions of using funds to pay for recurring and unexpected bills. Compelling them to budget, save, and plan for potential scenarios they can encounter in reality. Experiencing the consequences of their actions all while operating in a safe, simulated environment, students compete against their classmates individually for a fun and engaging experience. Students can also compete as a group against other classes around the country.
WHAT WE NEED
To work in conjunction with Jump$tart state affiliates to provide classroom teachers with product support and share classroom implementation best practices. Our goal is for high school students to use our personal finance simulation to adopt a money management routine that leads to behaviors such as building a positive credit history, avoiding banking fees, and investing for retirement.
Outreach and Education Manager
Jump$tart Coalition for Personal Financial Literacy