My stake set a challenge for everybody. especially the youth, to read The Book of Mormon by July 1st. Several months ago the laurel class had talked about doing a Book of Mormon read-a-thon, but due to disorganization (mostly on my part) we never did it. Then, when our mutual plans changed last minute for the week of July 1st, the idea came up again. Instead of everybody reading the entire Book of Mormon, they would just come and read as a group from where they were already at, with the hope that it would motivate everybody to finish (and claim a super cool prize and Girls Camp). Of course then we ended up holding mutual on July 2nd, but I think it may have helped to realize that just because you didn’t reach the goal doesn’t mean you failed, and reading the Book of Mormon after July 1st is just as important as reading it before—but then the deadline was extended to that Sunday (July 5th). In preparation I threw together half-sheet reading charts, a group tracking chart, and a quote handout, just for fun. I also provided pens and sticky notes, for marking verses along the way. It turned out that almost everybody was out of town, so we only had 6 of 20-25 girls show up, but it was still a productive evening for most. I’m sharing the resources I made in the hopes that others out there who want a low-key but still spiritual last minute activity can do it with as little prep work as possible. As a bonus, I thought after the fact that it would’ve been fun, had we had a larger group, to divide up into groups based on our locations, so I made signs for those as well. 
All the files can be downloaded in one .zip folder here. 
Last Minute Book of Mormon Read-a-Thon for Mutual
I am currently reading the Book of Mormon for my virtue project and I was wondering if you had any tips for the journaling part especially because I have a really hard time understanding what i am reading.
This is a little late for your question, but one suggestion is to get a Book of Mormon study guide from the distribution center, and read it along with your scripture study. Another thing to try is to just keep reading. Don’t worry about understanding everything now, especially if it is your first time through. Pray before you read, that you will learn something and that the spirit will help you understand what you need to. If you just keep reading, the story line will make more sense than if you keep stopping and starting. The doctrine is repeated over and over as you read, so if it doesn’t make sense, just keep going. You’ll find that the more you read, the easier it will be to understand. You may even find scriptures coming back to your mind as you need them in your life, things you might not even remember reading or thinking was important at the time. It happened to me. Reading a little every day makes it easier than trying to read lots at a time then not reading for a while too.