Congratulations to the Sullivan JAG students who for the second year in a row conquered the HR Block Budget Challenge.

The challenge required students to manage their finances over a period of time using real world examples highlighting three key skill areas: 

• Balancing current and future cash needs
• Paying bills on time and on budget
• Understanding financial concepts

The students received messages and updates via various communication mediums such as e-mail and the mobile app and had to actively participate by logging into the site and completing their financial transactions.  Student responsibility included:

• Reviewing and paying bills on time
• Saving money into the 401(k) via direct paycheck contribution
• Managing credit card balances
• Answering quizzes / surveys
• Using the knowledge base and contacting customer service to resolve issues

Teams lost points for every dollar in late fees incurred, while earning points for every dollar saved and completing quizzes.

By winning their group, the Sullivan JAG students earned $5,000 for their school.  Congratulations to the Sullivan JAG Students!

   

 

For more information about the challenge, visit: http://hrblock.budgetchallenge.com/Overview.aspx