THE CHALLENGE
FORUM Credit Union’s SaveItUp Program was created to encourage better saving and spending habits and to promote financial wellness. Be entered to win once you complete two financial STEPS and at least one GOAL! Enrollment period runs January 1, 2012 through August 31, 2012. The Challenge ends October 31, 2012.
ENTER TO WIN
Enter to win one, two, or all three prizes!
Complete Steps & Savings Goal---->Enter to Win $1,000!
Complete Steps & Debt Reduction Goal---->Enter to Win $1,000!
Complete Steps & Financial Education Goal---->Enter to Win $500!
ENROLLMENT
Complete both steps below to enroll.
DEBT IN FOCUS
Complete a “Debt In Focus” analysis at forumcu.com/DebtInFocus. Enter your income, debt, and expenses. You will be presented with a Results page that covers a summary of your debt and income. Click to enroll in the SaveItUp Challenge and fill out your contact information.
FREE CREDIT CHECK & ANALYSIS
After completing Debt In Focus, you will be contacted by a FORUM Financial Accountability Partner (FAP) to set up a time to review your free credit report.
GOALS
Complete one, two, or all three goals with the help of an FAP.
SAVINGS
Save 2% of your annual total household income or $20 per week, whichever is higher.*
DEBT REDUCTION
Reduce revolving debt (credit cards, home equity loan, moneyline, etc.) by 10% or $1,000, whichever is higher.* -OR- Reduce total debt (excluding 1st mortgage) by 20%.*
FINANCIAL EDUCATION
Complete 1 of 4 financial education pieces below during the 2012 Challenge and provide proof.
Graduate from Dave Ramsey’s Financial Peace University.
Attend/Complete a financial literacy class.
Complete FORUM’s Financial Literacy Questionnaire with a score of 80% or higher.
Establish an Estate Plan: create a will, assign power of attorney, and develop a living will or health-care proxy (medical power of attorney). For some people, a trust may also make sense.
No purchase necessary. Click here for Official Rules.
*Target goal may be prorated based on start time of Challenge.