If you hadn't heard, H&R Block is giving away $3 million in classroom grants and scholarships using H&R Block Budget Challenge.
Educators may find today's post particularly helpful...
"As shared in an earlier post… “Money management decisions are often simple tasks requiring timely and consistent choices. Students must learn early on the value of establishing a system that works for them to manage day-to-day money management tasks.” Consider using our decision-making matrix as a resource to help your students connect with a strategy that will lead to positive financial behavior throughout our simulation."
"As shared in an earlier post… “Money management decisions are often simple tasks requiring timely and consistent choices. Students must learn early on the value of establishing a system that works for them to manage day-to-day money management tasks.” Consider using our decision-making matrix as a resource to help your students connect with a strategy that will lead to positive financial behavior throughout our simulation."
Strategies to help with H&R
Block Budget Challenge
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I’m
comfortable with…
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||
I struggle
with…
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My
computer
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My phone
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Paper /
pencil
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Budgeting
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Use the
H&R Block Budget Challenge interactive Budget and Cash Flow
spreadsheet to establish your budget. Save it in an electronic folder.
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Use the
H&R Block Budget Challenge interactive Budget and Cash Flow
spreadsheet [Google Spreadsheet version] to establish your budget. You can
access Google sheets on a smart phone.
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Print and
use the H&R Block Budget Challenge Budget and Cash Flow spreadsheet to
establish your budget.
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Saving /
retirement
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Make it automatic! Identify a savings / retirement goal and direct deposit into your Budget Challenge 401k. Take
full advantage of the employers match.
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Make it automatic! Identify a savings / retirement goal and direct deposit into your Budget Challenge 401k. Take
full advantage of the employers match.
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Make it automatic! Identify a savings / retirement goal and direct deposit into your Budget Challenge 401k. Take
full advantage of the employers match.
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Paying
bills
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Automate what bills you can for future payments by setting payment
dates on due dates. Make sure you’re not paying unnecessary fees. Set
calendar alerts for uninterrupted time 3-4 times a week to pay bills.
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Use the
Budget Challenge App to automate bills for the due date when they’re
received. Make sure you’re not paying unnecessary fees. Set phone alerts for
uninterrupted time 3-4 times a week to pay bills.
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Establish
a regular routine that includes a go-to place for bills and uninterrupted
time; Establish self motivating “If-Then” goals (ie IF I pay my bills THEN I
can watch TV)
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