Join the 30/31-day Money Challenge

Hi everyone, as part of my 2016 vision growth, I am embarking on a financial cleansing in all aspects of my life.

IMG_8700Here’s something I find both exciting and terrifying about financial planning. I want to know more about it, but every time I try to do a little reading on the topic, I get overwhelmed and lose momentum. I must confess that I do envy people who have their financial lives together, but I think they must be few and far between.

As part of my financial cleansing session for the year 2016, I join this financial empowerment group: The Budgetnista  which has a movement called LIVE RICHER Challenge Movement created by Tiffany “The Budgetnista” Aliche who is a phenomena in empowering people to be their best financially. Her motto is to create a positive and measurable lifestyle shift, through financial education. And trust me when I say; financially I am much better than I was at the end of 2015.

Right now, we are being motivated to do the 30/31-day Money Challenge starting from TODAY,  the 1st of September.

money-poundsMoneyOne of the main issues some people have with the 52-week money challenge is the length of time it takes to save the money. That challenge is a year-long commitment, and there are some who would rather focus on saving money in a shorter period of time. For those people, the 30/31 Day Money Challenge may be the perfect solution (you can download a calendar of the 30/31-day financial plan here.).

The challenge works in the same way as the 52-week money challenge, but instead of spreading out over 52 weeks, it’s done in a period of one month. On the first day, you save £1, on day two you save £2 and on day three you save £3. You continue doing this on a daily basis until you reach day thirty; when you save £30. By following this schedule, at the end of the month, you’ll have saved £465. Even better, you will have established a solid savings habit that you can use to save even more money during the following months if you decide to.

One of the big advantages to the 30/31-day money challenge over the 52-week money challenge and the 365-day money challenge is that you will learn where your savings “hurt point” is much more quickly. That means when the amount you’re saving turns from being easy to being a struggle to save. While it might be easy to save £1 the first day, there is going to be a point during the 30 days when you realize saving a certain amount is difficult (or impossible). Finding out this ‘hurt point’ quicklsaving-money-habit-challengey shouldn’t be seen as a failure of the challenge, but a great piece of information so that you can develop a challenge that works the best for you. While it could take months to find out the hurt point on the 52-week challenge, you’ll know what it is in less than a month with the 30-day money challenge.

Another great aspect of the challenge is it doesn’t need to be done at the beginning of the year. You have 12 opportunities each year to begin as each new month gives you another chance to work on the challenge. You may want to do it 12 times in a row, or you may have certain months when you feel you have a better opportunity of completing the challenge. It gives you a bit more flexibility throughout the year to save during the times you’re most motivated.

The shortened period of time also doesn’t make the challenge appear to last forever. Many people have trouble focusing on something for an entire year, while they don’t have as much of a problem remaining engaged for 30/31 days. While this isn’t true for all people, for those who like to focus on shorter periods of time, they may find this money saving IMG_8832challenge geared more toward the way they like to save money.

Every day, save the pound or dollar amount of the date. So on the 1st, you save £1; on the 15th, you save £15, etc. At the end of the 30-day plan, you will have stocked away close to £500. You’ll be smarter and richer. Isn’t that what everyone wants?

So again, back to the 30/31-day Money Challenge starting from the TODAY: 1st of September: who’s with me! Let’s make this a monthly habit and break those chains… Jump on Board…

Share your thoughts in the comments below!

Yours in love – The Renaissance Lady ©

The Renaissance Lady

As a Mompreneur & Lifestyle Blogger, I am constantly on the goal of being ready for the NEW re-birthing and renewing of Oneself as I believe we all have a purpose to fulfil on this earth and part of my mission is for us all to live a Purpose-Driven Life.

Find me on: Web | Twitter | Instagram | Facebook


  1. September 1, 2016 / 8:28 pm

    Fantastic idea,renaissance.Such a lovely well written post.

    • therenaissancelady
      April 6, 2017 / 10:25 am

      Thank you Princess Kunny. Please subscribe or follow my blog to be notified of future posts. Yours in love – The Renaissance Lady ©

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