In case you missed the
first (October) 10% Blog Income Give Back, after doing some thinking at the beginning of October about what direction I want this blog to grow and evolve towards in the future, I decided that any income made from this blog would have more significance to me at a personal
life values level if I knew that a portion were being given back to the following places:
- 1) The readers – Obviously, without you here to read my articles and interact with my ideas, there would be no blog in the first place (let alone blog income). As such, it is only fitting that you receive a portion of any blog income.
- 2) Charitable organizations – If you’ve read my blog before, you know that I’m a big believer in donating a portion of my money to charity. Each year, I donate between 5-10% of my income to the National Multiple Sclerosis Society as part of the Bike for MS fundraiser that I do. Beyond the good that is done by donating your money, getting used to contributing to charity is also a good practice to emulate the actions of affluent individuals (T. Harv Eker discusses this in his book, Secrets of the Millionaire Mind, which I would definitely recommend reading if you have a few hours).
Because of these considerations, I’ve decided that each month going forward, I’m going to give away 10% of my net (after-tax) blogging income to My Personal Finance Journey readers (5%) and to charity (5%). Listed below is how the process will work:
- After each calendar month passes, I’ll tally up my net blog income and determine what Dollar value correlates to 10%.
- I’ll post the giveaway (similar to this post you’re reading now), and you’ll have approximately 2-3 weeks to enter.
- Once the giveaway is over, a grand prize winner will be announced, and that winner will then select what charity they’d like to have 5% of my blog income sent to. Pretty cool idea, right?! I’m excited just thinking about it! I hope you are too.
So, that’s the overall flow of things. Let’s get in to the specific details for this month’s (November) giveaway.
Details of November 2011 10% Blog Income Giveaway
- $201.40 total blog income to give away – $101.40 to My Personal Finance Journey readers and $100 to the charity selected by the giveaway grand prize winner (see bullet point below for additional details on how the charity selection will work this month).
- $101.40 in prizes available to two readers is broken down in the following way –
- 1) Grand Prize = $75 Amazon Gift Card or $75 cash via PayPal (since I just found out that international readers cannot buy much on Amazon).
- 2) 2nd place prize = $26.40 Amazon Gift Card or $26.40 cash via PayPal.
- This month’s giveaway is also to celebrate 1) the coming of the Christmas holiday season (I’m requesting that entrants leave a comment below this post about their number one Christmas wish list item) and 2) the launch of the monthly free My Personal Finance Journey Intelligent Financiers Newsletter. The purpose of the newsletter will be to give out exclusive personal finance, intelligent investing, and frugal living tips beyond what’s shown on the main site and conduct newsletter-subscriber only giveaways.
- Charity selection for November’s give back –
- This month, I wanted to try something different for how we select the charitable organization that receives the 5% blog income donation.
- Instead of having each entrant specify any charity in the world, the goal for this month will be for My Personal Finance Journey to develop a relationship with one of the 10 charities listed below. The Grand Prize winner will select which of these 10 organizations receives the donation on behalf of the blog.
- All of these charities were selected because 1) they are high quality organizations who do very good things and 2) they all have a significant presence/office in the area in which I live and operate this website (Central Virginia).
- I have contacted the local offices of these organizations and told them that they are part of the 10% blog income give back in November. After the Grand Prize winner is selected and the selected charity announced, I hope to be able to visit the local office of the organization, meet their staff, and present them with the money personally.
- It’s been very fulfilling developing a relationship with the local chapter of the National Multiple Sclerosis Society through the MS150 fundraising bike ride I do each year, and I’m hoping that this experience will be just as awesome! I look forward to seeing which organization is selected.
How to Enter the Giveaway – Deadline to Enter is Midnight, November 30th, 2011
Like last month, I’ve decided to use the new RaffleCopter giveaway management tool to handle sign-up facilitation for the November giveaway, so simply go through the steps listed in the widget below to enter the running for the prizes. Since this month marks the 2nd month of the launch of the new My Personal Finance Journey Newsletter, I’d like to get as many people signed up as possible, so spread the word!
There is no limit to the amount of points you can earn. If you refer 10 subscribers – your name will have accumulated 170 entry points! Or, if you link to the giveaway more than once, you can accumulate those 7 entry points multiple times. You can also retweet the giveaway once per day. In the event of a tie, I will be using a random number generator to select the winner.
Important instructions: After you complete an entry method, make sure to click and fill out the “I Did This” button in the widget so that I have a record of your points.
Remember, the deadline for entries will end at midnight on November 30th, 2011 (~2.5 weeks from today). Good luck to you all! Please contact me if you have any questions. After the deadline for entries passes, the winners will be contacted via email to receive their prize and select this month’s charity organization for the donation.
***Photo courtesy of http://www.flickr.com/photos/runytry/5188899842/sizes/m/in/photostream/
Thanks so much to everyone for entering the giveaway and helping to promote!
Entries to the giveaway are now closed, and the Grand Prize winner is Donna B. and the 2nd place winner is YourFinancesSimplified. Congrats to both of our winners! I'll be contacting them shortly to arrange sending the prizes as well as decide which of the 10 charities above we'll be helping this month!
Thanks again!
Jacob
My recent post 5 Things to Remember When Investing in a Rental Property
I'd like a new laptop computer.
I want a new computer- mine is a dinosaur.
I seriously need a new wardrobe!
jofo120 at yahoo dot com
I would like my sanity back
would like the ipad 2
ardelong2(at)gmail(dot)com
I want books on my wishlist very simple but reading help keep my mind of my pain I never liked reading but now I love it! Thank you for the great giveaway very kind of you!
I would love to have no family drama for my x-mas gift
I would love to have some new clothes. I finally got some new summer clothes this year and now I owuld love some new winter clothes. Thank you!
I'd love a weekend at a spa!! Highly doubtful though.
wolverina401 at gmail dot com
I want an ipad and a new pair of boots.
vmkids3 at msn dot com
new computer
amy16323(at)gmail(dot)com
I want a whole new wardrobe! I've lost weight and all my clothes are baggy!
I really would love the new perfume sampler kit from Sephora!
b dot ringer at hotmail dot com
for me id like an iPad..i have an itouch..need more screen space.
addrienne mertens
zippy573 AT netscape DOT net
The top of my list would be the money to have my roof fixed–not too likely, but I can wish! And I strongly support your idea of combining prizes for your readers and donations to a charity.
tangled 3d blu-ray
I would love an air filter!
I want a new Canon 60D DSLR camera to take great pics of my sons sporting events.
On the top of my list is YoYo Ma (and group)'s new Goat Rodeo album.
I would love some new camera gear 🙂
money
I would love a new vacuum and a kindle
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On the top of my list is a new pair of shearling boots to keep my tootsies warm this winter.
I would love an iPad 2!!
What I'm wanting is some new or used sporting equiptment for the great outdoors!
What I'd most like to receive this year for Christmas is a case small glass bottles. I am working on starting a natural hair care product line, and having the packing for my products would give me the boost I really need to get them out there.
Well, I already picked up my #1 item for Christmas (and I was bad and opened it early) – a vacuum cleaner. But now the coffee maker broke, so I guess I'll be asking for a new one of those for Christmas.
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Oh, and I forgot to mention, another charity you might want to consider in the future is Love Drop (lovedrop.us) which is run by fellow personal-finance blogger J. Money. It is a micro-giving charity where thousands of people around the world donate money, goods, and services to one needy family each month. I was lucky enough to get to participate in November's Drop yesterday.
My recent post Turkey Macaroni Salad: Recipe Sunday
I want my two front teeth… ok, maybe not. I really want to pay off a credit card this Xmas. And since my awesome bf just got me a sweet Kindle, perhaps a new cell phone. I think mine is on its last legs.
I would love to get a Garmin watch to track my heart rate, speed and distance when I run. It would definitely help my in my marathon training for next year!
I would love a new wool peacoat for myself.
An iPhone 4S is at the top of my christmas list!
The top of my wish list is a decent job. One that I can live on.
I want an mp3 player
I want an Amazon Kindle.
Want cash; gives me the flexibility to do whatever I want to do with it.
I would like a kindle fire
teressaoliver at gmail dot com
I want a hand-held vacuum.
A DSLR camera is at the top of my list
I would love a new laptop for Christmas!
I would love a DLSR camera!
My recent post Spending Recap: November 14 – 20, 2011
I'm a broke college student in crippling debt so I just want cash and clothes for myself this year. I kind of need them
I would personally love a blu-ray player
I would like to win this contest. =)
A new MacBook!
I want a kindle fire.
At the top of my Christmas wish list is a Kindle.
I would really like a vacation – I know that I won't get one until I have it saved up for. But, I'd like to put any monetary gifts towards that. I also want a GIC from my parents to get going more into savings!
First let me say that this is an AMAZING idea. I would love to be able to “borrow” this idea some day! It is so hard for me to think of something that I WANT. But I think I'd like some cold hard cash. I need it in a big eay.
I would love to get some new cookware!
I really want a dyson pet vaccuum
ccasper@centurytel.net
I would love to pay off my LOC by Christmas!
I would love to have a gamed called Leela for the xbox!
Blogtacular contest! Thanks so much! Janna Johnson Jannajanna@hotmail.com
Janna@feedyourpig on GFC
What I'd really like for Christmas is a light cart for my orchids – but its a bit too pricy to expect to show up under the tree this year.
I'd really love to get an ipod touch. But since my husband and I don't exchange presents and opt to buy for our kids instead, I'll have to hold out for an ipod for awhile yet.
Thanks so much.
Very interest site by the way.
I asked everybody for money this year. Namely, gas money/gift cards. We're hurtin'!
What I'd really like for Christmas is a jackpot winning lottery ticket! I'd also like a color Nook!
Thanks for the giveaway!
Extremely generous of you! I want the book 'The Millionaire Teacher' by Andrew Hallem.
What a great idea! 🙂
This is such a great idea! Especially as we move towards the holiday season, more and more of these charities need our help.
I really want a kindle fire for Christmas
I love the idea of donating part of blog income to charity!
You're rocking the blog income! 🙂 That's great! Thanks for coming up with such a great idea.
I would like a one-way ticket to the UK!
Um, an all-natural cure for chronic depression? otherwise, a trip to Borneo
Good idea on having a winner pick charities.
This is so awesome. Congrats on the income. This is great.
I want a massage chair! Think of how much more fun reading books will be if I'm doing it in a massage chair!
My recent post Travel the World for the Price of a Honda
At the tippy-top of my wishlist would be to go on a toy shopping spree for the local toy drive that happens each year at my college campus. I LOVE getting to be a big kid and pick out toys but the joy of giving them away is even better!
I would also love to donate to the pug rescue that brought me my little guy, Ralph. I did a fundraiser this year when I got him but it's been awhile and they need help.
I love that you give back- truly, it's helping me get in touch with the joy of the season and really is an inspiration. Thanks for being so generous with us and the world!
My recent post Son, It’s Time We Sit Down and Have A Talk…About MY Retirement
Congrats on another great month!
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Pretty sad, but I just want some new socks. My socks are getting thin and they will develop holes soon.
At the top of my holiday wishlist is my hope for a speedy and relatively pain-free recovery from my knee replacement surgery scheduled for Dec 19th. If things go as planned, I'll be released on the 23rd so I get to spend Christmas at home and not in the hospital (YAY).
Things-wise? I'd love to have a Le Creuset Legumier http://www.williams-sonoma.com/products/le-creuse…
I would love to get a Perplexus Maze Game. Yeah, it's a toy, but it's a really cool toy. Wait, I might need two, one for me, and one for the kids.
I really want a NeatReceipts scanner (http://www.amazon.com/NeatReceipts-Mobile-Scanner-Digital-Filing/dp/tech-data/B001CQFRPO/ref=de_a_smtd)” target=”_blank”> ” target=”_blank”>(http://www.amazon.com/NeatReceipts-Mobile-Scanner-Digital-Filing/dp/tech-data/B001CQFRPO/ref=de_a_smtd) so I can digitize all my paper for tax time. Is that nerdy?
Great Giveaway. I hope I'm lucky this time!
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