There are numerous contests or challenges here on Steemit that became very successful since they create that excitement for self-improvement and skill development for our fellow Steemians.

Some of which are still running up to now such as #sevendaybnwchallenge #collorchallenge #openmic #memechallenge and other challenges related to Arts, Photography, Life, Music, etc. Recently, @maverickinvictus’ “A 2018 Vision Board Contest” really made a blast at the beginning days of this year. Unfortunately, I wasn’t able to join the contest since I have already written a post related to it, but I encouraged my friends to participate on the said challenge. I can feel how excited they were while creating those Vision Boards.

After posting an article on how I manage my personal budget, I was thinking of having a contest as well since I believe asking “How about you’s” isn’t enough to encourage my fellows to start having or enhancing their budget plans. Those 2018 Vision Boards surely entails financial necessities and I think having a budget plan is one of the best ways to realize those visions. Will this challenge excite the Steemians as well? I hope so.

I have posted countless finance-related articles lately. But this time, I want to bring it up to a higher level. I am initiating this #thebudgetchallenge which is very far from the challenges you guys are familiar with. This is basically a finance-related challenge that could aid our fellow Steemians with their financial growth, and I am planning to do this often, maybe once a week.

Are you ready for the first ever #thebudgetchallenge?

#thebudgetchallenge No. 1: “The Budget Plan”

This is my previously-made article about my personal budget plan entitled “What Is Your Budget Principle?”

I have shared my Personal Budgeting Principle with their respective budget allocations.

I have also shared how I managed to attain my budget principle while keeping track of my target and actual expenses.

For this challenge, I want you to create your own budget plan.

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Qualifications:

• Whether you’re a working professional, a full-time Steemian, a home-based worker, a businessman, or even a student; as long as you’re earning, then you can participate in this challenge.

Challenge Guidelines:

• Include “The Budget Challenge” in your title.
• Create your own budget plan. You can present your existing or newly-created budget plan.
• Feel free to choose a timeframe of your budget plan (weekly, semi-monthly, monthly)
• Include a brief explanation on how you came up with such plan.
• You can include graphs, pie charts, pictures, excel screenshots, or even budgeting apps that you are currently using.
• Use #thebudgetchallenge as your first tag.
• Comment the link of your Budget Plan post below.
• You have seven days to submit your entry until this post’s payout.

Challenge Criteria:

• The budget plan’s content
• Special budget inclusions (i.e, travel fund, romantic date budget allocation)
• Uniqueness
• Used graphics

Challenge’s Prizes:

• First Prize: 7 SBD
• Second Prize: 5 SBD
• Third Prize: 3 SBD
• The other entries will be given gratitude rewards. 10 SBD will be split equally. Thanks to @dreamiely for sharing her blessings for this cause :D

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Change starts with you, but it doesn’t start until you do.

_{-Tom Ziglar}

I hope having this initiative will encourage you, my fellow Steemians, to take your finance budgeting seriously. I am positively looking forward for your continuous application of this financial journey even after joining this contest for I believe the biggest challenge is not creating a budget plan nor having a budget principle, but the consistency of sticking with it.

I am looking forward to see your entries!