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"Back on Track" Summer Contest

July 1, 2021

A Chance for "BalanceTrack" users to WIN!

Last year was a difficult time for many to "Stay on Track" when it came to financial plans. Household budgets across the country had to be adjusted to deal with the ever-changing economic landscape. Now that businesses and schools are starting to open in most states, we can start to think about those plans again. That’s why we’re changing the name of this year’s contest to "Back on Track."

"Back on Track" is our fourth annual BalanceTrack summer contest! With "Back on Track," you can reward your BalanceTrack users as they get back on the path to good financial health.

Users who complete at least one BalanceTrack module with a passing grade will be entered to win the grand prize of $500. And if they complete our special Module of the Month, they’ll be eligible for our monthly $100 Amazon gift card drawing, and earn three bonus entries towards the $500 grand prize.

How to enter:

  • Users must complete at least one BalanceTrack module with a passing grade during the contest period (multiple entries across different modules are encouraged!). To read more or create an account visit our BALANCE Program here
  • Each month, we’ll randomly choose a user who’s successfully completed our Module of the Month, and award them a $100 Amazon gift card. 
  • Users can earn three bonus entries for successfully completing the Module of the Month.

Frequently Asked Questions:

What are the contest dates?
July 1 - September 30, 2021.

Remind me… What’s BalanceTrack again?
BalanceTrack is an educational online resource created by BALANCE to help users boost their financial IQ.

Modules include relevant topics such as money management, credit building, saving for college, and much more. At the end of each module, you test your knowledge by taking a quiz.

Can users enter more than once?
Yes! Each completion of a new module with a passing grade earns them an additional entry.

Who’s eligible?
Contestants must be at least 13 years old.

What’s the Module of the Month?
Each month, we’ll highlight a special BalanceTrack module as the "Module of the Month." Once completed, users will be entered to win the monthly $100 Amazon gift card, and earn three bonus entries towards the $500 grand prize. See the next page for titles and descriptions.

How are winners selected?
Winners will be chosen at random. Users must complete at least one BalanceTrack module with a passing grade during the contest period(multiple entries across different modules are encouraged!). Each month, we’ll randomly choose a user who’s successfully completed our Module of the Month, and award them a $100 Amazon gift card. Users can earn three bonus entries for successfully completing the Module of the Month.

July Module of the Month

Rebuilding After a Financial Crisis

There are many things in life that can derail even the best money management plans, such as unexpected car or home repairs, illness, or job loss. When in crisis mode, most people just take things day by day, hoping to get by. When the dust settles, they are often left with a financial situation that is less than rosy. There are no savings to speak of. Their credit is shot. There is debt that needs to be paid. However, with hard work and dedication, a healthy financial future is possible.
This module covers the steps you can take to rebuild after a financial crisis, including:
  • Budgeting
  • Debt repayment
  • Rebuilding credit
  • Emergency savings
  • Replenishing retirement savings

August Module of the Month

Money Management

Money management is the process of knowing where you are spending your money today and having a well thought-out plan in place for where you want it to go in the future. This module covers the core concepts of money management. After completing this module, you will be able to:
  • Set goals
  • Get organized
  • Track spending
  • Build a budget
  • Save money

September Module of the Month

Credit Matters

In today’s world, credit does indeed matter. In fact, obtaining and using different types of credit instruments is part of almost every American’s financial life. However, because it is so easy to make expensive mistakes that can follow you for a long time, it is a good idea to learn how to borrow wisely from the beginning. This module covers the core concepts of credit usage, including:
  • What is credit?
  • Getting started
  • Using credit to your advantage
  • Deleting Your Debt
  • Consumer rights and responsibilities
Click here for Official Contest Rules
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