Payoff Named Grand Prize Winner of GOBankingRates' 2015 #MoneyMinute Video Challenge

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Sep 22, 2015, 02:15 ET

LOS ANGELES, Sept. 22, 2015 /PRNewswire/ -- Leading personal finance website GOBankingRates.com names the Payoff team winner of its 2015 #MoneyMinute Video Challenge. Payoff's witty video, Why You Should Always Pay More Than the Minimum on Your Credit Cards, which was selected as the grand prize winner by an expert panel of judges, including Farnoosh Torabi, best-selling author and TV personality, Philip "PT" Taylor, founder of PT Money and FinCon, Casey Bond, Editor-in-Chief of GOBankingRates, and Jennifer Calonia, Editorial Manager of GOBankingRates.

"It's our mission to make personal finance engaging and actionable, and this year we couldn't have asked for a better group of influencers to showcase informative, digestible tips for our readers," said GOBankingRates Editor-in-Chief, Casey Bond. "The Payoff team took on a daunting task for most Americans — paying more than the minimum balance on a credit card — and demonstrate a savings strategy that is not only fun and impactful, but engaging for viewers. We're proud to name them our winner this year."

Watch all the #MoneyMinute video tips at: http://www.gobankingrates.com/moneyminutevideos/

"The #MoneyMinute Video Challenge hosted by GOBankingRates was a fun, creative opportunity for us to support our mission of financial empowerment," said Adam Zarlengo, VP, Marketing, Payoff. "Thank you, GOBankingRates, for the generous $1,000 grand prize. We'll be donating it to the Foundation of the Carolinas, a nonprofit based in the host city of FinCon 2015, that's dedicated to leveraging the collective strength of communities for social good."

More than 100 bloggers, journalists, authors and media personalities contributed over 150 one-minute money tips in GOBankingRates' second annual video contest to help Americans be better with their money. Videos spanned across four personal finance categories including Saving Money and Frugal Living, Credit and Financing, Retirement and Investing and Professional Advice.

Category winners and honorable mentions were also recognized.

Category Winners:

Saving Money and Frugal Living: Stephanie Jones, SixFiguresUnder.com — Stay a Month Ahead of Your Bills
Credit and Financing: Team Payoff, Payoff.com — Why You Should Always Pay More Than the Minimum on Your Credit Cards
Retirement and Investing: Barry Choi, MoneyWeHave.com — How to Get Free Money From Your Job
Professional Advice: Kim Kiyosaki, RichDad.com — Don't Make Assumptions on Investments and Investors

Finalists:

Saving Money and Frugal Living

Amy Chang, SlickDeals.net — Find Online Coupons to Save on Pet Items
Louise Biron, Cobleskill.edu — Why You Should Follow the 10/30 Budget Rule
Cary Carbonaro, MoneyQueenGuide.com — How Your Phone Can Save You More Money
Donna Freedman, DonnaFreedman.com — Think Ahead With Your Money

Credit and Financing

Cary Carbonaro, MoneyQueenGuide.com — How to Calculate Exactly How Much House You Can Afford
Steven Mutton, LiquidPFE.org — How to Save With Retail Credit Cards Without Carrying a Balance
David Slade, PostandCourier.com — How to Make the Most of Travel Rewards Credit Cards
Sophia Bera, GenYPlanning.com — Watch Out for This Sneaky Credit Card Fee When Traveling

Retirement and Investing

Inga Chira Ph.D., CFP — How to Build a Custom Target Date Fund
Cary Carbonaro, MoneyQueenGuide.com — This is the Perfect Time for Millennials to Start Investing
Derek Markolf, Tools4Retirement-Blog.com — The Importance of Living Below Your Means
Kelley C. Long, CPA/PFS, CFP, KCLMoneyCoach.com — How to Choose the Right Retirement Investments

Professional Advice

David Auten and John Schneider, DebtFreeGuys.com — How to Start a Conversation About Money
John Schneider, DebtFreeGuys.com — What Are You Doing to Achieve Financial Independence?
David Auten, DebtFreeGuys.com — How to Budget Better With Money Chunking
Nick Loper, SideHustleNation.com — The Only Two Ways to Get Rich

Honorable Mentions:

Most humorous: Lou Carlozo, GOBankingRates.com contributor — 10 Steps to a Healthy Retirement Fund
Easiest tip to follow: Ellie Hirsch, MommyMasters.com — How to Make Loose Change Part of Your Savings Plan
Best host: Jose Pizarro - How to Build Your Rainy Day Fund
Best location: Sophia Bera, GenYPlanning.com — Watch Out for This Sneaky Credit Card Fee When Traveling
Favorite pet video: Amy Chang, SlickDeals.net — Find Online Coupons to Save on Pet Items
Best team collaboration: The NEFE.org team — Does Skipping the Daily Latte Really Save Money?
Best financial planning tip: Jeff Rose, GoodFinancialCents.com — The One Question You Should Ask Before Hiring a Financial Planner
Best variety of actionable tips: David Auten and John Schneider, DebtFreeGuys.com — How to Start a Conversation About Money / How to Budget Better With Money Chunking / What Are You Doing to Achieve Financial Independence?

Watch the video reveal of the winners at:
http://www.gobankingrates.com/personal-finance/announcing-winners-2015-moneyminute-video-challenge/.

About GOBankingRates

GOBankingRates.com is a leading portal for personal finance and consumer banking information, offering visitors the latest on everything from finding a good interest rate to strategies for saving money, investing for retirement and getting a loan. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, Forbes, Business Insider, DailyFinance, Huffington Post and more. It specializes in connecting consumers with the best financial institutions and banking products nationwide.

Contact:

Roxy Barghahn, Media Relations
GOBankingRates.com
[email protected]

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