Are you ready to change your finances for the better in 2016? Are you ready to meet and surpass your saving, investing, and paying off debt goals? Then let me be the first to invite you to join The $1,000,000 Challenge!
How Does The $1,000,000 Challenge Work?
Report Your Monthly Progress
When Do I Report My Progress?
- You Will Report Your Progress each Month!
- Between the last day of the month and 5th of the following month.
- Example: January’s Progress: Report between January 31st and February 5th.
- Your progress MUST be submitted no later than the 5th of the month (11:59PST).
What Will You Report?
Debt Paid-Off: Total principal paid-off on all debts for that month.
Savings: Increases in your emergency fund, sinking fund, or any savings goal (house, vacation, college, etc.)
Investments: Any deposit into a retirement account or other investment account.
Where Do I Report My Progress?
- Each Month will have a unique “Report Your Progress” form through Monkeysurvey.com
- You Can Find the Link to this Survey at the following locations:
- Here at Budget Loving Military Wife under the “$1,000,000 Challenge” menu tab labeled “Report Your Progress.” Just select the clearly labeled link to the correct month.
- There will be a link to the survey in your monthly reminder you receive via your preferred method of contact.
- The $1,000,000 Challenge of 2016 Facebook Page will have a link posted on the last day of every month.
- Here on this post, in the $100 Amazon Giveaway Form you will find links to each month’s “Report Your Progress” survey. Bookmark this post to your favorites!
At the end of each month you will receive a “Monthly Reminder” to report your financial progress via your preferred method of contact (selected during the 10-Question Survey to join the challenge).
How Do I Join?
Join by completing this 10-Question Survey (takes only a couple minutes to complete).
This is a 10-Question demographic survey to get an idea of who are challengers are this year and for you to provide your preferred method of contact.
Your information will NOT be shared. Demographic information will only be posted as group percentages and “majorities”. Examples: “25% of challengers are 20-29 years of age” or “majority of challengers began their financial journey less than a year ago”
Welcome to The $1,000,000 Challenge
You will receive a “Welcome to the Challenge” message with-in 48 hours of joining the challenge.
*Be sure to respond back to this welcome for extra entries into the giveaway!
- Join at ANY time throughout the year!
- Who is eligible to join? ANYONE who wants to improve his/her finances in 2016!
Benefits of Joining The $1,000,000 Challenge
- You will be part of a community who will change their finances by ONE MILLION DOLLARS!!!
- You will receive and give support, encouragement, and inspiration to those who have taken on the challenge.
- Reporting your monthly progress will hold you accountable to your financial goals.
- You are eligible to WIN a $100 Amazon Gift Card giveaway that is only open to those who are participating in the challenge.
How Do I Get the Most Out of the Challenge?
- Join our Facebook Page!
- Encourage and Inspire your fellow challengers by leaving motivating comments, links to articles or quotes, share your personal financial accomplishments, etc.
- Ask your financial questions to your fellow challengers.
- Answer questions and contribute to discussions.
- Hold yourself accountable and participate in the challenge EVERY MONTH!
2015 $1,000,000 Challenge
This is the second year our community here at Budget Loving Military Wife has taken on the ONE MILLION DOLLAR Challenge! Our final progress update for the 2015 Challenge will be posted tomorrow!
In the 2015 challenge, there were several challengers who changed their finances by $20,000 or MORE in ONE YEAR!!! Several who became DEBT FREE during the challenge! And several who for the first time tracked their finances, stuck with a budget, and made progress with their financial goals.
The challenge motivated and inspired many challengers to push their finances to the limits. I credit the inspiration and encouragement I received from our 2015 challengers for our family surpassing our mortgage pay-off goal (that we thought was nearly impossible) by MORE than $5000!!!
If you would like to see a sample of how the challenge is ran and how the group’s progress is reported. Please take a look at our September 2015 Challenge Update.
Invite Others to the Challenge
$100 Amazon Gift Card Giveaway
Last year, we had OVER 100 people sign-up for the challenge! However, only about 20 challengers stuck with the challenge. So this year, I am upping the incentive to join and participate in the challenge by giving away a $100 AMAZON GIFT CARD!!! What are you going to buy if you win???
There are many ways to earn entries into the giveaway! The more you participate, the more entries you receive!
***Please notice: several of the entries are required to be completed during specific dates/months of the year***
Giveaway is open world wide. Void where prohibited. Must be 18+ years. Winner will be notified via preferred method of contact and will have 48 hours to respond. If no response is received, a new winner will be selected. Winner’s entries will be verified for accuracy, so please make sure you are completing giveaway entries correctly.