01/22/2016 - Budget Challenge


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


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.


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.


  • Teacher Roadmap - This tool will help the teachers by providing a week-by-week breakdown of simulation resources, tasks, suggested curriculum, and classroom activities.
  • Teachers Helping Teachers - A helpdesk of experienced personal finance teachers available to answer teacher questions throughout the simulation.
  • Teacher Simulation - Teacher accounts that play just like the students do. This allows teachers to see the game from the student perspective.



For more information about H&R Block Budget Challenge®, visit www.hrbds.org. For more information about Budget Challenge® visit www.budgetchallenge.com.  

Brian Page
Outreach and Education Manager
Budget Challenge
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