Welcome to the 4th week and challenge in our 52-week “Take Back Your Finances” Challenge! We have already heard so many success stories and progress being made, hope being found, goals being set and more!
The idea and concept behind our financial challenge is to take baby steps in meeting your goals. Baby steps are the ways in which we have found success and developed positive financial habits that stick for life, instead of just for a short time.
Wait a sec…
However, we are going to contradict ourselves for a short time… I know, we don’t make sense sometimes. But don’t worry. This step is a jumpstart and there is an idea behind “short-term pain for long-term gain.” But you can’t do this in everything, you can’t do this all of the time, but you can for a short time. And this is at the beginning so when we are ready to implement real-life change (which will come very soon – we promise!) you’ll have forgotten about this painful step and will incorporate life-long habits for financial well-being.
We want to help ALL OF YOU find $1,000 in the next 30-days. This is FIRST for an emergency fund. If you do not have an emergency fund, you need one. It is a very important step to gaining control of your finances.
Second, if you already have an emergency fund…CONGRATULATIONS! That is a big first step in meeting goals and gaining financial freedom…but you don’t get a ticket out of this challenge. Instead, we want you to do this challenge with everyone so that you have an extra $1,000 to apply to your goals, debts, savings, etc. Although we don’t need to seed an emergency fund, we have done this process several times over the years for like an “annual financial goals boost” and we are going to do this again! It’s great for that!
It’s also best to do this at the beginning of the challenge when the progressive savings account contributions are still small. Keep working on this at a slow, progressive state. But we are going to make some sacrifices and put in a little extra time in the next 30-days for long term-gain.
A 30-day sacrifice is not really much compared to the end results of this challenge.
BUT… you have to be serious! $1,000 is not just going to “fall in your lap!” It would be nice, and we suppose that there are some rare few where this “might” happen, but for the rest of the world, we are going to work for that $1,000.
We know that it sounds hard, unpleasant, a pain, etc., just please stick with it for 30-days and pull out all of the stops!
Now that we have covered how serious we want you to be about this next challenge – think about the satisfaction you will feel after finding $1,000 – can you taste it?!
So how do I do it?
How do you find $1,000? That is a GREAT question! In fact, we have an ebook that shares the steps to take to gain that $1,000 in 30-days from the easy to the more unique steps. This is filled with ideas and suggestions and will walk you through, task-by-task to find that income.
There are two sections to this book – the easy tasks that may be all you need to fill your bank account with $1,000 more. But if this didn’t quite total $1,000 for you, then Section Two shares some more unique, extreme and very successful/nearly guaranteed (but keep in mind, more extreme) ideas to crunch down on to finish filling up the bank account to the $1,000.
Not only have we done most all of the ideas many times, but close friends and family have done these with great success. Then, once we released our eBook on “How To Build Your $1,000 Emergency Fund in 30 Days”, we shortly started hearing testimonies from readers about how they were able to successfully implement the ideas and build their emergency funds, many even surpassing the $1,000 goal!
Some of the tasks are a one-time or once-in-a-while income boost, but some can be done regularly/monthly and many of our friends and family have and still do some of these monthly to help them continue to reach their goals faster.
Here’s one example that we got just last week:
“I used your How to build Your $1000 emergency Fund in 30 days and not only did I find it easy….I found $3474.79 by just cleaning out our closets. Amazing how that happened. Now I am going to take this challenge to conquer financial independence. Can’t wait to get started. Thanks for all your help…really..Thanks so much! ” – Diane
What is so incredible is that once you start, you have the motivation to keep going because you are seeing results!
The ebook not only provides the task-by-task ideas to build that $1,000, but talks about the importance of an emergency fund. First, this ebook is free for our newsletter subscribers. And if you are signed up for our Take Back Your Finances challenge you should have received a link to download your free copy as well.
So how do I get THAT book?
The ebook is also for sale for $4.99. But because we want to help you “put your first $2.50 into your Emergency Fund” we will give you a 50% off code to use during checkout (see below for details). Use coupon code: CHALLENGE for $2.50 off = $2.49 and get started now on finding that extra $1,000.
Thirty days from now, you will be excited about your results once you actually put your mind to it and get going!
Finally, we are also going to have a challenge next week that we do at least 4 times per year that is a nice boost to our savings and has been for the thousands that have done it in the past. That challenge will really help you towards your goal! We will post about it in a few days to prepare for the start of it one-week from today!
Coupon code: CHALLENGE
If you are subscribed to our 52-week challenge, you will receive it right into your inbox. It’s going to be fun, while we are all working hard and making sacrifices for the next 30-days!
But this won’t work for my family
Finally, we want to encourage you – you really can do this!! But we also want to encourage you to do what you can and not give up! Let’s pretend you miss the $1,000 goal but you wind up with $500-600 in your emergency fund. We would call that a true success – that you are so much further to your goal than if you hadn’t done anything!
Will you promise to try and do your best with your family? Remember, this challenge can be tailored to your exact situation – so make it work for you!
Do you need to catch up? Come join us on this challenge from the very beginning by clicking on the 52-Week Take Back Your Finances Challenge and sign up to start receiving your automated challenge from the very beginning!
One final thing….. we also have a Facebook Group where you can engage in discussions, receive encouragement and talk to others that are participating in the challenges too for more ideas! Head to the Be Intentional with The Thrifty Couple Facebook Page HERE and ask to join us there! You can also invite friends and spouses too!