Savings accrues in increments one percent at a time Challenge Description A good rule of thumb in the path towards financial stability is to save 20% of your income. However, setting aside such a significant amount right away can be daunting, particularly when struggling to save money. While this might seem like a challenging target, it’s a benchmark that can be reached with a little time and effort. The 1% Progressive Savings Challenge is ideal for those who find it daunting to set aside a large portion of their income for savings all at once. This challenge is designed to […]

A gift card unused is money wasted Challenge Type: Income Challenge Level: Easy Time Required: 1 Hour or Less Savings Potential: Varies Challenge Description Take a moment to sift through your collection of gift cards—the forgotten tokens of generosity that hold untapped cash potential. Choose the ones you’re willing to part with and begin listing them on reputable selling platforms like Raise, CashCard, or GiftCash. In today’s technologically advanced world, there’s no reason to let unused gift cards collect dust in the shadows of your wallet or drawers. Online platforms for selling gift cards have streamlined the process, allowing you […]

In gift cards lies both wealth and woe, set your rules to make savings grow Challenge Type: Habits & Mindset Challenge Level: Easy Time Required: 1 Hour Savings Potential: Varies Challenge Description Before using your next gift card, take an hour to gather up your gift cards and make a plan to maximize their use towards boosting your savings. Develop a personalized set of rules outlining the utilization of all the gift cards you receive. Gift Cards by the numbers Almost half of all Americans have unused gift cards tucked away in their homes worth an average of $175. More […]

From attic to basement, your savings begins in the humble corners of your home Challenge Type: Income Challenge Level: Easy Time Required: 1 Hour Savings Potential: Varies Challenge Description Challenge yourself to find $100 dollars in the hidden treasures around your home to turn into savings gold! Spend at least an hour today searching through every nook and cranny, targeting three critical areas: loose change, overlooked gift cards, and those valuable items you no longer use. Today’s challenge is all about simplest way to jump-start your savings, especially when you feel like you have no money to spare. Saving money […]

Saving money blooms when it becomes a thrilling pursuit, not a tedious task Challenge Type: Habits & Mindset Challenge Level: Easy Time Required: 1 Hour Savings Potential: n/a Challenge Description Take one hour to figure out how to make saving money just as desirable as spending. Make a game out of it, write down your goals, create a dream board, or keep a picture to see daily to remind you of your reasons to save. Find the things that will feed your passion to save. Let’s face it: saving money can sometimes feel like a daunting task. Financial experts bombard […]

A powerful tool for all of your renewals Challenge Type: Financial Tools Challenge Level: Easy Time Required: 1 Hour Savings Potential: n/a Challenge Description Open a spreadsheet and create a comprehensive list of all your memberships and subscriptions with due dates, monthly costs, annual costs, and a value ranking of each service. While it may seem mundane and unneeded at first glance, a detailed list of your subscriptions and memberships may be the most important financial choice you make today. You might be surprised at what will be discovered. Have you ever tallied up your monthly subscriptions and memberships? I […]

Like pruning a garden, cutting subscriptions allows your financial garden to flourish Challenge Type: Expense Reduction Challenge Level: Easy Time Required: 10 minutes to an hour Savings Potential: Varies Challenge Description Do not let a month go by without checking to see if there is a monthly subscription or membership that you rarely use. Cancel that subscription and redirect the funds by setting up an automatic monthly transfer to your savings account for the same amount. On average, Americans spend a whopping $25.34 per month on subscriptions that go underutilized. That’s a staggering $304.08 annually that could be redirected toward […]

From pantry to plate, foster a sustainable tomorrow one meal at a time Challenge Type: Food Waste Reduction Challenge Level: Moderate Time Required: Varies Savings Potential: Up to 30% of daily food expense Challenge Description Challenge yourself to prepare a meal by utilizing the forgotten ingredients in your kitchen. Delve into the depths of your pantry, refrigerator, and freezer, with the intent of crafting meals exclusively from the ingredients already at your disposal. From canned goods to grains, spices to frozen vegetables, every ingredient becomes fair game in this culinary challenge as each meal becomes an opportunity to showcase your […]

A testament is written to the wisdom of restrain Challenge Type: Expense Reduction Challenge Level: Hard Time Required: One Week Savings Potential: Varies Challenge Description With the exception of bills and bare essentials, dedicate one week each month or every other week for an entire year to refraining from non-essential spending, without succumbing to the temptation of revenge spending in the weeks that follow. Unlike traditional no-spend challenges where the focus is solely on restricting spending for a set period, the No-Spend Week Without Revenge Challenge emphasizes sustainable, balanced financial habits. It’s not about suffering through a week of deprivation […]