KANSAS CITY, MO--(Marketwired - January 26, 2016) - Teens may seem glued to their smartphones, but 41 percent would give theirs up for a year if it meant graduating college debt-free, according to a survey commissioned by H&R Block.
The survey, designed to find out what current high school students have to say about debt and finances, also revealed that 42 percent do not consider themselves "financially fit." And, that they are eager to learn more about managing money.
"As the survey results revealed, teens want to learn how to manage their finances and make crucial decisions about money," said Kathy Collins, chief marketing officer of H&R Block. "That is why we developed H&R Block Dollars & Sense seven years ago to help teach the next generation the value of money and the impact financial decisions play in their lives today and tomorrow."
Dollars & Sense financial literacy platform, the Budget Challenge teaches teens how to manage the financial life of an adult. Only six states
Throughout January, H&R Block representatives have presented grants and scholarships to winning schools and students across the nation. Today, Clements High Schoolbusiness education teacher, Greg Eppes, in Sugar Land, Texas, received a $2,500 classroom grant.
"Budgeting is one of the most important skills we can teach teens before they enter the real world," said Eppes, who also works as a financial investment advisor. "By taking the H&R Block Budget Challenge, my students are now equipped to make essential financial planning decisions that will serve them the rest of their lives."
HRBDS.org for the full list of fall 2015 semester winners by state.
Visit the H&R Block Budget Challenge Newsroom for photos, videos, and more information about the program, or follow on Twitter and Instagram @TeenMoneyTips or on Facebook/HRBDS.
H&R Block Dollars & Sense Media Room. Former participants -- including students and teachers -- are available to share their personal experiences with the H&R Budget Challenge upon request.
About H&R Block Dollars & Sense:H&R Block, Inc. (NYSE: HRB) is the world's largest consumer tax services provider. More than 650 million tax returns have been prepared worldwide by and through H&R Block since 1955. H&R Block Dollars & Sense helps increase financial literacy among teenagers through curriculum and resources, grants to supplement the cost of personal finance education and scholarships to help young Americans pay for higher education. Since 2009, H&R Block Dollars & Sense has donated more than $8.4 million in grants and scholarships. For more information, visit the H&R Block Newsroom, www.HRBDS.org or follow us on Twitter and Instagram, @TeenMoneyTips and our Facebook page, HRBDS.
About ProperLiving: Based out of Cincinnati, Ohio, ProperLiving, LLC owns and operates the Budget Challenge Personal Finance Simulation, which received a U.S. Patent in May 2013.
[1] http://www.councilforeconed.org/wp/wp-content/uploads/2014/02/2014-Survey-of-the-States.pdf
[2] See full terms and conditions, including eligibility requirements, at www.HRBDS.org.
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Image Available: http://www.marketwire.com/library/MwGo/2016/1/26/11G080242/Images/Group_shot_of_winning_students_and_teacher_with_HR-72e583bd66168c7d84b8c9ee4688137d.JPG