Think Teens Need to Learn a Thing or Two About Money?

KANSAS CITY, MO, Jan 25 (MARKET WIRE) --
Imagine if teenagers controlled their families' finances. Would they know
how to spend and save money wisely? Or would they max out every credit
card? It's hard to know, but with 50 percent of high school seniors
failing when tested on basic personal finance(1), it's not a gamble many
parents would take.

Recognizing this, H&R Block (NYSE: HRB) offers personal finance
curriculum to high schools through H&R Block Dollars & Sense and is
accepting applications through February from interested teachers.
Provided free through H&R Block's grant process, the curriculum uses a
game-like simulation to teach students how to budget, use debit and
credit cards, save money, pay rent and avoid debt. Since 2009, H&R Block
Dollars & Sense has awarded more than $2.5 million in curriculum grants
and scholarships to high schools and students nationwide.

Teaching teens about money isn't easy. Parents say they don't know where
to start or what to say and the discussion often leads to conflict with
their children. With schools covering so many other critical subjects,
only 15 percent of teens receive formal personal finance education before
graduation(2). The result? Many teens venture off to college or out on
their own unprepared to make sound financial decisions.

"Kids tell us this is a fun way for them to learn the consequences of
their financial decisions -- good and bad. Through a virtual simulation
they are faced with choices they'll be making for real in the
not-too-distant future," said Robert Turtledove, chief marketing officer
for H&R Block.

Created by Knowledge Matters, the provided curriculum retails for
approximately $1,500, but for many teachers, that could be their
department's budget for the entire school year. To help schools clear the
budget hurdle and ensure more kids receive personal finance education,
Dollars & Sense will award the curriculum to 250 schools this spring
adding to the more than 3,000 schools currently participating.

Teachers using the program say their students are "addicted." Mike Dwyer
of Eisenhower High School in Yakima, Wash., said the program was
instantly embraced at his school. "The kids love it. I have students
coming in at 7 a.m., waiting at my door so they can use the program,"
Dwyer said.

Financial psychologist and Dollars & Sense advisor Brad Klontz says
financial learning not only feeds curiosity, but it also could ward off
health problems.

"Financial stress is damaging to our health," said Klontz. "High school
is a critical time for teens to learn important financial lessons before
they are out on their own. Helping teenagers understand concepts such as
credit and budgeting early on can build confidence, reduce stress and set
them on the right track for their financial future."

For more information on bringing H&R Block Dollars & Sense to a local
high school or tips on talking to teens about money, visit us online at
www.hrblockdollarsandsense.com or on Facebook.

(1) Jumpstart Coalition for Financial Literacy
(2) National Endowment
for Financial Education

About H&R Block
H&R Block Inc. (NYSE: HRB) has prepared more than 575
million tax returns worldwide since 1955, making it the country's largest
tax services provider. In fiscal 2011, H&R Block had annual revenues of
$3.8 billion and prepared more than 24.5 million tax returns worldwide,
including Canada and Australia. Tax return preparation services are
provided in company-owned and franchise retail tax offices by
approximately 100,000 professional tax preparers, and through H&R Block
At Home(TM) digital products. The H&R Block Bank provides affordable
banking products and services. For more information, visit the H&R Block
Online Press Center.

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Media Contacts
H&R Block Media Desk
(816) 854-4287
mediadesk@hrblock.com

Jenna Bennett
(612) 375-8540
jenna.bennett@clynch.com

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