One exemplary high school in Alabama demonstrated a true mastery of teen financial literacy. Guntersville High School teacher Sherry Brown and her students secured over $235,000 in prizes. The school, in a town of approximately 8,000, received two grants—the maximum allowed—and 11 of its students won $20,000 scholarships.
Students were challenged to pay bills, manage expenses, save money, invest in retirement, pay taxes and more in the H&R Block Budget Challenge, a national teen financial literacy program developed in the form of an online game for the classroom that simulates real life as an adult.
H&R Block recently awarded $1.4 million in classroom grants and student scholarships through its H&R Block Budget Challenge.
More than 32,000 high school students in more than 2,000 classrooms nationwide competed.