Have you heard about the 100-day money challenge? It’s also known as the 100 envelope challenge. If it suits you, it can be a fun way to spark life into your current savings or help you get started.
Every day you do the envelope money challenge, you pull out a random envelope. Whatever number is on that single envelope is the amount of cash you put into it. Once your 100 days are up, your cash envelopes will total $5,050 in savings!
The 100-day money challenge is a version of the broader day money challenge. You still number and fill envelopes in the hopes of finding more financial freedom by the end of it, but you can decide how many days you want to do it.
1. Get Envelopes2. Write the Numbers 3. Store Them 4. Shuffle Them 5. Pick a Daily Envelope 6. Insert the Money 7. Set the Envelope Aside 8. Track Your Progress 9. Finish
Step-by-Step Guide To Do The 100 Envelope Challenge