What We're Doing

We’re preparing kids for the future. How? By providing scholarships to teens who can manage money and have some fun along the way. By giving teachers the tools they need to engage students in personal finance. By arming parents with the financial advice every teen needs to hear. And more…

H&R Block Budget Challenge

Budget Challenge


The H&R Block Budget Challenge helps teens get real-world ready from the safety of the classroom. Students pay bills, manage expenses, save money, invest in retirement and pay taxes. Participants play classroom against classroom and students against students in this learning-by-doing simulation to win $200,000 in college scholarships. Awards include:

  • 10 opportunities for student scholarships of $20K
  • Student incentives during game play

Think of Budget Challenge as a road test to personal finance. Students are in the driver’s seat as they immerse into the financial life of a recent college graduate who has been working for about six months. Each student gets a regular paycheck, a checking account, a 401(k) savings account and bills to pay throughout the simulation. Students increase their score by maximizing 401(k) savings, paying bills on time, avoiding penalties and fees like late fees, overdraft fees and finance charges and responding correctly to quiz questions.



With sessions September through April, teachers have six opportunities to participate. Teachers click here to begin the classroom registration process. Class creation closes one week before the simulation start date, so be sure to sign up before it’s too late.

Have more questions? Read Our FAQs

Click here for the Budget Challenge lesson plans.

Click here for official rules.

Check out Grant and Scholarship winners here.