Is the 100-day envelope challenge for me?Īlthough the 100-envelope saving challenge is a great way to save a lot of money in a short amount of time, it’s not for everybody. All you need is a box of envelopes and the commitment to set aside money every day. This savings strategy became popular on the social media platform TikTok. There are many options available to you when you get in the habit of saving thousands of dollars.īut, how do you do it? In this post, I’m going to tell you about the 100-envelope challenge, and how you can save over $5,000 in as little as 100 days. Or you’re on a quest to achieve financial freedom. Or perhaps you’d like to take your family on a summer vacation. Maybe there’s a persistent credit card balance that you’d really like to get rid of. How does an extra $5,050 in your savings account sound? What could you do with this extra money? Use the 100 Envelope Challenge to save over $5k
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