This post may contain affiliate links. Please read my disclaimer for more info.

money_tracking_header

It’s the first of June — and we’re ready to get started on our second group 30-Day Challenge!

It was amazing to see all of your shares and updates on our first challenge. I can't wait to see the positive changes you make in this next group effort.

So Justin… What’s the Second Challenge?

For the second 30-day challenge at Optimal Living Daily, we took your feedback into consideration.

The theme of the challenge is: MONEY TRACKING.

CHALLENGE: Track your expenses and income throughout the month of June.

If you've never tracked your money, it can understandably feel scary and nerve-racking to even think about it!

If tracking your spending feels unimaginable, you might want to check out our post on budgeting tools and why tracking your finances is important. The post gives an overview of different money tracking apps you can try (Justin personally uses YNAB and Personal Capital together).

There's nothing wrong with using good old pen and paper — and a calculator — if that's your preferred method to log all your expenses.

The idea is to gain awareness of where your money is going, and how much is coming in, so that you have a clear picture of your finances.

Quick tip: Avoid overwhelm by focusing on TRACKING your income and expenses. Don't worry about how much you should be budgeting or saving just yet — just keep the focus on money tracking.

How to Participate and Be Included in the Book Raffles

  1. Share that you're committed to the monthly challenge! You can do this in any or all of these ways:
    • Post a picture on Instagram while you're doing the challenge (include #OLD30Day and @OLDPodcast to notify and tag us) *
    • Or comment on my post about the 30 day challenge in our Facebook Group (pics encouraged)
    • Or if you're not on those social networks, comment on this post below
  2. Sign up for our newsletter for the latest updates.
  3. Repeat #1 half way through (for accountability) and at the end of the month. I'll give reminders in the email newsletter.

* As this is a financial-related challenge, we don't expect you to publicly share screenshots of your actual income or budget. See the “printable download” section below for ideas of pictures and comments you can share!

Blog Posts to Give You Ideas and Inspiration

To give you some motivation on why money tracking is important, you can check out some of our blog posts here on OLD Podcast:

  1. Budgeting Apps to Track Your Expenses
  2. How Do I Overcome My Fear of Money?
  3. Personal Finance: Make It Personal
  4. How To Adopt Financial Habits That Stick (ep. 822 of Optimal Finance Daily)
  5. 7 Surprises After Tracking Every Penny In and Out of My Life for Nearly 7 Years (ep. 255 of Optimal Living Daily)

Printable Download

As this is a financial-related challenge, we don't expect you to publicly share screenshots of your actual income or budget.

The calendar below has some weekly prompts that you could answer. And you can post your answer as a comment, picture, or video story 🙂

There's a digital version below, or you can download a PDF version to print.

Feel free to create your own questions and answers as you come to your own realizations during the challenge.

Why Join?

Our community is made up of friendly and supportive members who are always interested in optimizing their lives.

It is fun to have encouragement, accountability, and more among listeners of the podcasts 🙂

You can share your progress and pictures, and check the posts from other members such as:

fb_challenge

FB comments and posts from the first 30-day “decluttering” challenge

What Else Do I Get?

We'll be doing book giveaways — and you can choose the book you want if you win! Names will be collected via the shares and comments on Instagram, Facebook, and here on this post, so be sure to follow the instructions above!

The book list includes (and some of the books are autographed!):

  1. Push Journal by Chalene Johnson
  2. 131 Method (signed) by Chalene Johnson
  3. The Art of Productivity (signed) by Jim Stovall
  4. The Power of Having Fun by Dave Crenshaw
  5. Good Enough by Kim Foster Carlson
  6. Live, Love, Explore by Leon Logothetis
  7. Minimalism: Live a Meaningful Life by The Minimalists

…and many. many more!

book_giveaway

Can I Share an Idea?

Many of you sent in GREAT ideas, like:

  • A social media detox
  • Quitting junk food and soda
  • Improving the quality of your relationships
  • Getting rid of items
  • Avoiding negative affirmations

You may already have an idea you’ve been wanting to do as part of a 30-day challenge.

Send us an email if you’d like to share your idea! We'd also like to hear what's working for you and what would make this process easier.

Some Money Tracking Quotes to Inspire You

If tracking your spending makes you nervous, perhaps some of these quotes will show you why it's important:

  • “It's not your salary that makes you rich, it's your spending habits.” ~ Charles A. Jaffe
  • “A budget is telling your money where to go instead of wondering where it went.” ~ Dave Ramsey
  • “Money, like emotions, is something you must control to keep your life on the right track.” ~ Natasha Munson

And here are some quotes from our subscribers and Facebook group members who had a blast with our first “decluttering” challenge:

  • “I have started the challenge. . .the great thing is it always ends up being more. Just getting started starts a great chain reaction.” ~ Paul K.
  • “I cleaned out a chest that I've been putting off for too many years and got rid of a ton of stuff.” ~ Lisa I.
  • “I actually got my car totally clean so far and my apartment is halfway done. It was a tornado.” ~ Amberlee B.

Now it's time to get excited for more awareness with your spending habits after 30 days!

Justin Malik

Justin Malik is the creator and producer of the Optimal Living Daily podcast network. He is an award-winning podcaster and audiobook narrator, and defines himself as a life-long learner and entrepreneur.
Minimalism Tips for Family Cheat Sheet

Minimalism Tips for Family Cheat Sheet

Enter your email to get our free PDF cheat sheet on minimalism tips for family members. You'll also get a weekly email with inspiration and life tips!

You have Successfully Subscribed!

Join my weekly newsletter for life tips, quotes, and free tools to optimize your life (and make my day)!

You have Successfully Subscribed!

Minimize Your Wardrobe: Inspiration File

Minimize Your Wardrobe: Inspiration File

Enter your email to get our free Inspiration File on minimizing your wardrobe. You'll also get a weekly email with inspiration and life tips!

You have Successfully Subscribed!

Checklist: How to Declutter Sentimental Items.

Checklist: How to Declutter Sentimental Items.

Enter your email to get our free PDF checklist on decluttering sentimental items. You'll also get a weekly email with inspiration and life tips!

You have Successfully Subscribed!

5-Day Email Course - Get Started with Minimalism

5-Day Email Course - Get Started with Minimalism

Enter your email to join our free 5-day ecourse on getting started with minimalism. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Checklist-How to Declutter Paper

Checklist-How to Declutter Paper

Enter your email to get our free PDF checklist on how to declutter paper. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Checklist - How to Declutter Books

Checklist - How to Declutter Books

Enter your email to get our free PDF checklist on how to declutter books. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Checklist - How to Help Kids Learn to Declutter Toys

Checklist - How to Help Kids Learn to Declutter Toys

Enter your email to get our free PDF checklist on how to help kids learn to declutter their toys. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Checklist - Bare Minimum of Items for Moving

Checklist - Bare Minimum of Items for Moving

Enter your email to get our free PDF checklist on the bare minimum of items you need when moving. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Checklist - Why Personal Finance is Important

Checklist - Why Personal Finance is Important

Enter your email to get our free PDF checklist on why financial literacy is important. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Cheat Sheet - How to Overcome Money Fears

Cheat Sheet - How to Overcome Money Fears

Enter your email to get our free PDF cheat sheet on overcoming money fears. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Bonus - Debt Payoff Tracker PDF

Bonus - Debt Payoff Tracker PDF

Enter your email to get our free PDF debt payoff tracker. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Cheat Sheet - How To Stay Motivated When You Feel Stuck

Cheat Sheet - How To Stay Motivated When You Feel Stuck

Enter your email to get our free PDF cheat sheet on maintaining your level of motivation. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Cheat Sheet - What Should I Do After A Deep Tissue Massage?

Cheat Sheet - What Should I Do After A Deep Tissue Massage?

Enter your email to get our free PDF cheat sheet on what to do after a deep tissue massage. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Cheat Sheet - Tips for Sitting at a Computer All Day

Cheat Sheet - Tips for Sitting at a Computer All Day

Enter your email to get our free PDF cheat sheet on tips to counter sitting at a computer all day. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Cheat Sheet - How Do I Stick to a Budget?

Cheat Sheet - How Do I Stick to a Budget?

Enter your email to get our free PDF cheat sheet on tips to stick to your budget. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Expert Tips - How to Get Over a Breakup

Expert Tips - How to Get Over a Breakup

Enter your email to get our free PDF with expert tips on getting over a breakup. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Expert Tips - How to Stop Comparing Yourself to Others

Expert Tips - How to Stop Comparing Yourself to Others

Enter your email to get our free PDF with expert tips on how to stop comparing yourself to others. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Expert Tips - 10 Health & Fitness Quotes

Expert Tips - 10 Health & Fitness Quotes

Enter your email to get our free PDF with health and fitness quotes from Optimal Health Daily episodes. You'll also get a weekly email with inspiration and tips to optimize your life!

You have Successfully Subscribed!

Cheat Sheet - Toxic Relationships

Cheat Sheet - Toxic Relationships

Enter your email to get our free PDF with tips on how to spot -- and get out of -- a toxic relationship. You'll also get a weekly email with inspiration, quotes, life tips, and more!

You have Successfully Subscribed!

Join my weekly newsletter for life tips, quotes, and free tools to optimize your life (and make my day)!

You have Successfully Subscribed!