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A Few Contests to Share

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There are a few contests going on that I thought I would let everyone know about.

Matt at One Million and Beyond is having some troubles sticking to his budget. To help motivate himself to meet his goals, he is putting his money where his mouth is. If he doesn’t meet his weekly budget, he’s giving away a $25 Amazon gift certificate. Check out this post for the specifics.

Next up is FNBO Direct. They are having a Pay Yourself First Challenge.

Create a one-minute video about what you’re saving for. Maybe you’re a savings superstar — or a little savings challenged. Be compelling, original and creative — and you may be selected as a challenger in the FNBO Direct Pay Yourself First Challenge!

Check out their site for the specifics. The grand prize is a getaway (or $7,500 cash). I’d love to enter, but I have a little problem with doing that. Remember that piece of equipment my husband sold a while ago? It was our video camera 🙁 I’ll have to see if I can get my hands on one.

Good luck!!

May Net Worth Update – Up $2,283

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May ended up being a great month for our net worth. We had some help, though, with our economic stimulus payment. All of that ($1,500) went straight towards our debt 😉

I’ll probably be posting our May spending this weekend and we’ll review more things that enabled us to increase our net worth last month. I can tell you right now that our income was a big help. It was higher than normal again in May.

To see our complete net worth, you can always check out our NetWorthIQ.com profile.

This month will probably be a little interesting. I believe there will be an increase in our net worth but not as much as the last two months because our income will be more “normal.” The plan for June is to continue beefing up our savings account balance. Our debt reduction will stall for a little bit, but that’s okay. We’re still on track for meeting our debt-payoff goal date (May of 2009).

Speaking of goals, back at the end of 2007 I listed a few