10 Fun and Effective Monthly Money Challenges to Try Out

Are you looking to have some fun while saving up for your goals? We'll explore ten monthly money challenges that you and your family can try out!

Taking On Monthly Money Challenges

As I mentioned last week, there's a wonderful opportunity for you to reset things with your finances and have a big win with your family and financial goals. There's three full months or 15 weeks, depending on how you want to look at it left in the year.

You can knock out some really big goals in that time. One thing that can help you out with that is monthly money challenges.

We got a variety of challenges that we're going to cover today that can help you develop new habits and routines. You can use that money to put towards whatever goal you're working on.

There are some great challenges you can do throughout the year like the 52-Week Savings Challenge and the 365-Day Nickel-Saving Challenge, which I’ll include in the show notes. There are also wonderful weekly challenges you can take on too.

However for this episode, I want to focus on monthly goals. I feel like that's a big enough chunk of time where you can effectively knock out something. And it gives you enough flexibility that if you're having a bad week, you can still finish up on a high note.

In this episode, I’m going to cover:

• the psychology monthly money challenges
• go over the different types of money challenges you can take on
• highlight ten money challenges

We have a lot to cover, so let’s get started!

Resources to Build Better Budgets

If you’re looking to start or revamp your budget so you can reach your family and financial goals faster, check out some of these resources below!

• Best Budget and Money Apps: Empower, Tiller, Mint
• Grab Your Copy of My Book: Jumpstart Your Marriage and Your Money
• Where Can I Find the Money to Build Emergency Savings?
• Send in your family and financial questions here!

If you’d like to chat more your money system, please join us in our private and free Facebook group – Thriving Families. It’s a group Andy, Andrew from Family Money Plan, and myself run as a team.

We’re families looking to support and help one another out.

Hope to see you there!

Thank You to Our Sponsor Coastal!

Support for this podcast comes from Coastal Credit Union! Come check out Coastal today if you’re living in the Raleigh Durham area and looking to bank better.

As a credit union, Coastal serves its members first and foremost including an annual loyalty bonus.

We've been members for years and love their service and competitive rates on checking and savings accounts!

Support the Podcast!

Thank you so much for listening to the podcast! If you enjoyed this episode and found it helpful, here are some ways to support it.

• Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share.
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• Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher.
• Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in four weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together!

Photo Credits: Othmar Vigl