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What is challenge money? I want to play.

February 8th, 2008 at 08:23 am

I am a little confused by the references to challenge money and $20 challenge.

Can somebody clue this newbie in?

Muchas gracias!!!

4 Responses to “What is challenge money? I want to play.”

  1. Aleta Says:

    The owner Jeffrey started this and called it the $20 Challenge. It can be done many ways. I started out by going through my house and looking for change in clothes, drawers, etc. The idea is to start with $20 and make it work for you by turning it into more money. If you are a seamstress, you might buy material and whatever it takes to make clothing or a sewing project that could be sold. The profit should include the $20 back plus the profit. I didn't want to take my $20. away from the house budget. We also do couponing and deducting the money and putting it to the side to be deposited. We do surveys, keep back our rebate money, cash rewards. By opening up a new bank account, you may receive bonuses. This is free money. Jeffrey has links on here for ING Direct and Emigrant Direct to get started.

    If you have any kind of hobby, you could turn it into profits. There are so many ideas. Go to search and type in $20 Challenge and see what comes up. I'm sure others will have other ideas for you.

  2. Ima saver Says:

    I use my Ingles, bi lo, rite aid, etc. cards. Any money that I save using those cards or using coupons are put in the $20 challenge. I do surveys for pay and save that. I save all my change in a jar and turn it in once a month. I pay myself $1 for every mile I walk and every 20 flights of stairs that I take in one day.
    Any extra checks get added to the $20 challenge. You just kind of make up your own rules as you go along and you keep track of how much you have saved this year.

  3. Mr. Meager Says:

    I've often get confused with the $20 challenge as I read them, but I think I got the basics of it. I am getting closer to racking up $20 in recycling money. Once I get that, I am going to start playing online poker again. I might have the only challenge where I can lose money.

  4. compulsive debtor Says:

    I keep it simple, Nancy. I have a spending plan I use each month with a basic income. Anything I make above that income is put toward the challenge. I then use the challenge money to pay my debt back quicker or I stick it into savings. I get the money from eBay sales, extra work for my business that I don't plan on each month, rebate checks, and shaking down my child.

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