Welcome to the #MONEY30 Challenge!

Your 30-day personal finance crash course.

For all the time we devote to earning, worrying, spending, glorifying, and talking about money, many of us spend hardly any time learning about it. Understanding , building , making friends with the —all of these are critical to our long-term financial well-being, yet just 57% of U.S. adults are ‘financially literate,’ according to Standard & Poor’s 2015 . The problem starts early: Fewer than half of states require high school students to take a personal finance class.

On the upside, the data does indicate that young people want to learn more about how to manage their finances. According to a BlackRock survey of over 30,000 people worldwide, generation Y is more likely than any other age group to be planning new investments, as well as thinking seriously about retirement planning.

At the same time, 75% find keeping up with bills and still saving enough for the future is difficult, what with the high cost of living, entry-level paychecks, debt, and student loans. More than 60% say they are “concerned about outliving (their) savings in retirement,” and 54% find retirement planning confusing. According to BlackRock’s , just 28% of millennials learned how to create a household budget from their parents.

Which is why, in honor of Financial Literacy Month, we’re launching the 30-Day Money Challenge for personal finance novices. Starting today, we’ll present a different personal finance task every day for a month. None will take more than hour to complete—and more likely than not it will take less than 15 minutes.

We hope you’ll consider it time well spent. After all, as Bridget Eastgaard, founder of the popular personal finance blog Money After Graduation, argues, . “If you’re going to work so hard for your paycheck,” she says, “the least you can do is make sure you’re using your paycheck effectively.”

Some ground rules: We’ve created this for young people who are just starting their independent financial life, so if you’ve been around the block a few times this probably isn’t for you (but please, do share it with someone you think would benefit from it!). Nor is it one size fits all; we recognize that not every 20-something has a steady paycheck or can afford to contribute a sizable amount to a retirement account.

Finally, there are many issues that deserve more in-depth treatment but don’t fit easily into this challenge format ( and spring to mind). Our hope is that you will find some inspiration in each challenge to increase your overall financial awareness.

We know it’s not possible to learn everything about finance in a single month. But we do want to make sure that you end the challenge with a new awareness of your spending habits and goals, and that you’ll be further on your way to by this time next month. Maintaining a healthy financial life isn’t a sprint, it’s a marathon. You can think of this challenge as your first 5k.

Along the way, be sure to tweet at us, comment on our daily Instagram posts, or email us at [email protected] to let us know how you’re doing or ask questions. Those who tell us about their progress could end up in the next issue of MONEY Magazine!

Good luck, and let’s get started.

The Challenges

Day 1:

Day 2:

Day 3:

Day 4:

Day 5:

Day 6 & 7:

Day 8:

Day 9:

Day 10:

Day 11:

Day 12:

Day 13 & 14:

Day 15:

Day 16:

Day 17:

Day 18:

Day 19:

Day 20 & 21:

Day 22:

Day 23:

Day 24:

Day 25:

Day 26:

Day 27 & 28:

Day 29:

Day 30:

Reporting for the #MONEY30 done by Alicia Adamczyk, Kara Brandeisky, Kerry Close, Alexandra Mondalek, Kaitlin Mulhere, Ian Salisbury, Taylor Tepper, and Ethan Wolff-Mann.

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