#debtdrop | personal finance | payoff debt

The Personal Finance Blogging Community is pretty amazing. They are essentially a group of people who work hard on their blogs in order to help others be better with money.

Yes, there is also the accountability aspect of telling the world about your finances, but essentially, they are passionate about money management and helping others. Well, Melanie from Dear Debt just took things a step further, creating the #debtdrop project.

What is the #Debtdrop Project?

Melanie finished paying off over $80k of debt in 2015. In 2016 she started #debtdrop where each month she gave away some money to help a person with their debt. She helped others pay off $900 worth of debt.

This year she is teaming up with the Rockstar Community Fund, to help one person each month, pay off $50 of debt. $50 may not seem like much, but as someone who once would not have been able to get my car out of a parking garage without borrowing some money (my credit cards were maxed out), I know that it actually can be life changing.

Even if things aren’t so dire, every little bit of money helps when you are fighting off that debt monster. That is what this $50 is meant to do, help the recipient keep going.

Nominate Someone That Could Use Some Help

How do the recipients get chosen? They are nominated. #debtdrop is a pay some good things forward project. If you know someone that could use the help of #debtdrop, you can nominate them by emailing, debtdrop@rockstarfinance.com, be sure to include why you think they should be a recipient.

How You Can Help with the #Debtdrop Project

There are a few different ways you can help with the #debtdrop project. First, you could help get the word out. Second, you could contribute to the Rockstar Community Fund.

Get the Word Out

Share #debtdrop with your friends. Share via email, social media (this kind of post is perfect for Facebook), twitter, pin it, whatever works best for you.

Contribute to the Rockstar Community Fund

If you want to contribute you can go to the Get Involved page. If you would like the fund to be specifically used for #debtdrop, make sure you note that on the page.

#debtdrop contribution

Wrapping it Up with a Bow on Top

While the personal finance blogging community and Melanie are truly awesome for starting the #debtdrop project. It won’t work without you nominating deserving folks. And it will continue to be around longer the more people support the project.

#Debtdrop helps 1 person each month, payoff $50 of debt. Melanie from Dear Debt has teamed up with the Rockstar Community Fund to make this Project possible

Liz is a writer for hire, specializing in personal finance, entrepreneurship, and legal issues. She shares her own journey to debt freedom and helps graduates dealing with above average student loan debt on her site, Less Debt More Wine. She currently resides in NC after calling Massachusetts home for nearly a decade.

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