I thought Flash's post on the details of her $20 Challenge were great, so I'm gonna be a big old copy cat and put mine up, too. =)

My personal $20 challenge is this:

I have an automatic deposit from my paycheck into my savings account of $220 a month. This is the minimum I need to deposit to have all my credit card debt paid off by July, 2009. (I am on a credit plan with no interest). However, the quicker I save money, the sooner I can get out of debt. So, my goal is to have my cc debt of $7285.80 paid off within 24 months, not 36 (July, 2008). This means I have to have an average total of $303 in my savings every month.

SO, all the $ I bring in with ebay/half.com sales, yard sale sales, or I find (love the change jar) or save (like w/coupons) goes into my $20 account towards that goal. On average I need an additional deposit of $101 into my $20 account every month, or, $1,212 a year, or, $2,424 within the next two years.

=)