Don't Break the Bank Challenge

A financial-wellness challenge designed to build smarter spending habits and foster stronger long-term savings strategies.

4 weeks Comprehensive Challenge Individual

$7.50 per participant

|

$1,000 minimum per challenge

A financial-wellness challenge designed to build smarter spending habits and foster stronger long-term savings strategies.

4 weeks Comprehensive Challenge Individual

$7.50 per participant

|

$1,000 minimum per challenge

Challenge Description

Participants build stronger financial wellness habits by completing simple actions related to saving, spending, commuting, budgeting, and long-term planning.

The challenge encourages practical choices like packing lunch, completing no-spend days, reviewing expenses, checking credit scores, and setting savings goals.

Participants earn points for eligible financial wellness activities logged through manual entry, along with select movement-based activities tracked through synced devices or manual entry.

Challenge Structure

Participants can earn points through a variety of activities, each with its own scoring method:

Packing lunch
No-spend Days
Listening to Financial Podcast
Walking
Byclicing
Expense Management
Credit Monitoring
Savings Planning

What's Included

  • Multi-activity tracking across a wide range of activities
  • Individual challenge format
  • Points-based system across different activity types
  • Leaderboard visibility based on total points

Key Details

Duration

4 weeks

Format

Individual

Activity Type

Multiple Activity Types

Goal

Highest Total Points

Optional Prizes

Offering prizes is a simple way to increase participation and keep employees engaged throughout the challenge. Based on what we see drive the most engagement, here are the most effective options:

  • Gift Cards or Monetary Rewards – A flexible option that appeals to a wide range of employees and consistently drives participation.
  • Extra PTO or Time Off – A highly valued reward that feels meaningful without adding direct cost to the program.
  • Recognition or Bragging Rights – Leaderboards, shoutouts, or a simple trophy can reinforce friendly competition.
  • Company Swag or Branded Items – Fun, tangible rewards employees can take with them beyond the challenge.

Getting Your Challenge Set Up

Once you submit your request form, IncentFit handles the heavy lifting.

We’ll review your request, set up your challenge, and send you an email to register your account and finalize your setup - so you can launch with minimal effort.

Launch This Challenge Now

Launch This Challenge

Submit a few details and the IncentFit team will help get your challenge set up.

Frequently asked questions

Most Don’t Break the Bank Challenges can be set up and ready to launch within 1–2 business days. Once details are submitted, the IncentFit team handles configuration and ensures everything is ready for employees to join.

Participants earn points by completing and logging eligible financial wellness activities throughout the challenge. Points can be earned for actions like bringing lunch to work, completing no-spend days, listening to financial podcasts, using a financial management app, reducing expenses, checking credit scores, increasing savings, and meeting with a financial advisor.

Participants track most financial wellness activities through manual entry in IncentFit. Walking and bicycling activities can be tracked through synced devices or manual entries, depending on the activity and available tracking method.

This challenge includes activities focused on financial wellness and everyday money habits, such as packing lunch, completing no-spend days, listening to financial podcasts, choosing lower-cost or sustainable transportation, using a budgeting app, reducing monthly expenses, checking credit scores, increasing savings, and meeting with a financial advisor.

The goal of Don’t Break the Bank is to help participants build practical financial wellness habits through small, consistent actions. The challenge encourages employees to become more mindful of spending, savings, commuting choices, and long-term financial planning.

Yes. Offering prizes is optional but highly recommended to increase participation and keep employees engaged throughout the challenge. Common options include gift cards, wellness-related prizes, company swag, or recognition for top performers.

Participants are ranked by total points earned throughout the challenge. The winner is determined by the highest total point count at the end of the 4-week challenge.

Employees can typically join within a short grace period after the challenge begins. After that, admins can work with the IncentFit team to add participants if needed.

Administrative work is minimal. Once the challenge is set up, IncentFit handles tracking, scoring, leaderboards, and reporting so admins do not have to manually manage participant progress.

The Don’t Break the Bank Challenge is ideal for organizations looking to support financial wellness through simple, practical actions. It works well for employees who want to build better habits around saving, spending, budgeting, transportation choices, and long-term financial planning.