$205 Giveaway – Community and Charity 10% Monthly Blog Income Give Back # 1 – October 2011

 

This past weekend, I did some “soul searching” about what this blog means to me and where I see it growing and evolving in the future.

To make a long story short, I decided that since I have a day-job (I’m a chemical engineering PhD graduate student who does Alzheimer’s disease research if you didn’t know) and do not depend on income from blogging as my sole-source of making a living, 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).
Because of these considerations, I’ve decided that each month going forward, I’m going to give away 10% of my net 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 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 (October) giveaway.
Details of October 2011 10% Blog Income Giveaway
  • $205 total blog income to give away – $105 to My Personal Finance Journey readers and $100 to the charity selected by the giveaway grand prize winner.
  • $105 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 = $30 Amazon Gift Card or $30 cash via PayPal.
  • This month’s giveaway is also to celebrate 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.


How to Enter the Giveaway – Deadline to Enter is Midnight, October 31st, 2011

I decided to give the new RaffleCopter giveaway management tool a try to handle sign-up facilitation for this giveaway, so simply go through the steps listed in the widget below to enter the running for the prizes. Since this month marks 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 50 points! 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 October 31st, 2011 (3 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.

***Photo courtesy of http://www.flickr.com/photos/newsbiepix/3832702141/sizes/o/in/photostream/

Comments

  1. Right now I think my favorite charity would be the Idaho Foodbank

  2. I don't want to enter, I just want to say that this idea is BRILLIANT!! I absolutely love it, and think you are amazing for doing this. You're 100% right that our blogs are around because of our readers, and I think this is a wonderful way to give back. Keep rockin' it bro.
    My recent post My Realtor’s Two Main Clients: The Wealthy & The Poor

  3. 20sfinances says:

    I don't have a favorite charity, but I chose the first one that came to mind: Greenpeace. 🙂
    My recent post Hiring a Property Manager: What it offers you

    • Thanks for entering 20sfinances. I've never heard of that charity actually. I'll have to check it out. I guess one of the great things about this giveaway is that it will expose me to some new charitable organizations out there! I'm excited.
      My recent post $205 Giveaway – Community and Charity 10% Monthly Blog Income Give Back # 1 – October 2011

  4. What a cool idea Jacob! Kudos to you.

  5. Ahh, so many good charities to support. I'm going to pick American Red Cross, since they help out people who are very incapable of helping themselves in a time of crisis typically. http://www.redcross.org/donate/donate.html
    My recent post September cash flow update

  6. Cool concept, jacob. i like doing something similar and offering 100% of donations for services (when I do PR events) to a charity of choice 🙂

  7. Great idea, Jacob, on a number of levels. Great to meet you yesterday at Cville She-Blogs (and doesn't look like you need much help coming up with strategies to drive traffic to your blog)!

    • Great meeting you too! I'm not sure about that though..My site always can use tweaking!
      My recent post $205 Giveaway – Community and Charity 10% Monthly Blog Income Give Back # 1 – October 2011

  8. Wicked idea Jacob. Inspirational in fact. Best of luck with the giveaway. I gave it some tweet love.
    My recent post Seven Retirement Lessons Learned

    • Thanks for helping out Miss T! Will be sure to keep the Yakezie thread updated with how the giveaway progresses!
      My recent post $205 Giveaway – Community and Charity 10% Monthly Blog Income Give Back # 1 – October 2011

  9. KNS_Financial says:

    I think this is a wonderful idea, Jacob. My favorite charity is OASIS For Children – an orphanage in Haiti, that provides shelter, education, and medical care to children without a family: http://www.oasisforchildren.org/

    I serve as the treasurer for OASIS (I hope that doesn't disqualify them).
    My recent post Yakezie Carnival – October 9th, 2011 Edition

    • Not at all KNS! That just makes it easier to get the money to the organization if you win! haha
      My recent post $205 Giveaway – Community and Charity 10% Monthly Blog Income Give Back # 1 – October 2011

  10. Thanks Jacob, great idea for a promotion. Just Tweeted!

  11. This is an excellent idea both in terms of the charitableness and the likely readership expansion. I'll be following this closely.
    My recent post The Only Gas Card You Need

  12. Since October is breast cancer awareness month, I think Susan G. Komen would be a great charity to contribute to.
    My recent post What Is An Emergency Fund? Why Do You Need One and How Does it Work?

  13. Thank you for giving back! I would choose the Nature Conservancy as my charity.

  14. Great give away! I'll choose Mercy Corp. if I win. 😉
    My recent post Gold As Emergency Fund

  15. Great Giveaway!

  16. I would choose the Humane Society!

  17. What a cool giveaway. I would choose the Nature Conservancy if I win.

  18. What a great site! I would choose RAINN as the charity.
    My recent post Insurance Drama

  19. How very generous of you! I like the idea of Susan G. Komen for breast cancer awareness month too.

  20. I subscribed via email too… Would love to make a donation to the local food pantry, as they help so many people.

  21. What an awesome idea! I hope to do the same when I actually start making money on my blog. You are such an inspiration!!!
    My recent post Response To Readers Choice: Should I Get The iPhone 4S?

  22. Susan G. Koman Breast Cancer Research! Thanks for doing this — what a wonderful idea!

  23. I think this is great. I do a giveaway every Friday and I love the way you will be donating to charity too. I would choose Yasminah's Gift of Hope as my charity.
    My recent post Freebie Friday – $100 Christmas update + Give Away!!!

  24. I also choose the Nature Conservancy
    My recent post In Defense of Food: A Book Review & Giveaway

  25. I would have to choose the Calvary Outreach here where we live. They serve food for the homeless and really help out.

  26. Glacier's Edge Council, BSA
    My recent post Memorial Day 2011

  27. My favorite charity is FeedingAmerica.org.
    My recent post Hunger in the Land of Plenty #BAD11

  28. changeonabudget says:

    This is a great idea! I'm not sure what charity I would give it to yet, but there are lots of deserving ones out there. Kudos to you for doing this!
    My recent post New Themes: Modern News and Dusk to Dawn

  29. What a fabulous idea! Can't wait to hear which charity is selected for this round!

  30. As a librarian-in-training, I’d choose First Book @ firstbook.org

  31. Zach Younkin says:

    I hope I win!!
    My recent post New Themes: Modern News and Dusk to Dawn

  32. Barbara Friedberg says:

    I'm so impressed with your charity. I tweeted etc., but would like to resign from the contest. You're doing a great thing!!!!

  33. I love this idea! I'm tweeting & posting it to my blog, in addition to already being a follower/subscriber of yours.

    I'd love the charity % to go to the Ronald McDonald House as I have a close friend whose family benefited greatly when her niece required open heart surgery at the age of 3! Such an inspiring organization and I now know that the $$ donated there really does go to the families and children that need it most.

  34. Elisabeth says:

    My favorite charity is the World Wildlife Fund!

  35. My favorite charity is Stevens Swan Humane Society, our local animal shelter located in Utica, NY. I have adopted 2 animals there myself, so as a “FurMommy” I would like to give back to the other animals who aren't as lucky to find a home.

  36. The charity I would like you to donate to if I win is Charity Water where they provide clean water to people in third world countries that don't have adequate access to clean water.

  37. Subscribed to the newsletter, subscribed via email, completed the site feedback questionnaire, liked on Facebook, liked the blog post, and reviewed the site on Alexa. I really hope I win, I could use it!! *crosses fingers*

  38. simplydab says:

    I would pick my local United Way chapter.

  39. I would want to donate to our church's Feed 5000 campaign for Christmas.
    My recent post Magic Jack PLUS ~ Is it worth it?

  40. Katharine D says:

    I choose the Animal Welfare Institute http://www.awionline.org/

  41. Canadian Breast Cancer Society

  42. I choose World Vision

    thanks

  43. Police Activities League of Temecula and Murrieta.

  44. Local food pantry.

  45. i guess i would say red cross although i think a local food bank would be equally deserving

  46. Katharina says:

    My favorite charity is the Make a Wish Foundation. Kids and pets are my favorite charites but kids win out for favorite. 🙂 Katharina angelsandmusic[at]gmail[dot]com

  47. I would chose the Civil War Preservation Trust – in honor of my husband. This trust buys developed land and restores it to the state it was during the civil war, to preserve that history for us and our descendents.
    My recent post Lessons from Ursula Burns – Chairwoman and CEO of Xerox

  48. I would have to pick the Sierra Club for my charity of choice.

  49. Debbie jackson says:

    I would choose to give it to our church charity fund

  50. The American Cancer Society is my favorite charity. I raise money for them every summer through a charity bike ride.

  51. The charity I would choose is Action for Health Kids.

  52. The Humane Society is the charity is choose.

  53. I would like to share my winnings with the International Red Cross and Habitat for Humanity.
    My recent post October is Breast Cancer Awareness Month

  54. What a great Idea. My charity would be the LDS Church Charities where they covenant to use 100% of the money donated for charitable work, the administrative expenses are paid through other sources of funds.

  55. donate to red cross

  56. Good evening everyone! As the rafflecopter widget above mentions, this giveaway is now closed.

    Corey @ 20's Finances is the GRAND PRIZE WINNER ($75 prize) and Talex / T. Alexander is the runner-up 2nd place prize ($30 prize) winner. I'll be emailing the winners shortly and also posting a giveaway wrap up article in the next few days!

    The charity I'll be donating to on behalf of Corey @ 20's Finances (the one he selected in the first page of comments on this post) is Greenpeace. You can read all about it by clicking here – http://www.greenpeace.org/usa/en/campaigns/
    My recent post Easy Like Sunday Morning Weekly Roundup – # 3 – October 30th, 2011

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