In my vision of WealthyStudent I wanted to clear all student debt, make students happier and richer.

I may have just found a solution but it needs some interaction on your part.

In a few days time we’ll be adding a competition to the site. There will be 2 ways to enter:

• Write a forum post

• Film a 1 minute video and post it on youtube with your top student tip

There will be standard prizes of a fully made up CV (courtesy of the CVCentre) and another prize (possibly from lovefilm.com if we can persuade them).

The prizes will be given to the best forum post and most entertaining/useful video.

The thing is…I want to give cash prizes!

The other thing is…I am a student and I’m very poor so can’t give you the £3000 each that I want to!

There are two ways round it:

• To enter, you sign up with a site and we try and get a 50 pence donation out of them per sign up, or…
• You donate 47 pence to the prize fund

Or you can be a tight ass and give nothing!

We would put all the donations into the prize fund. This means if we can get a couple of thousand students to enter we would have a decent money pot to give out.

We are going to be testing it in a few days. We’ll need at least 100 students to enter or we’ll roll it over to the next month.

Let’s hope it works.

Watch this space.