![]() What you need in order to do the 100 envelope challenge Ready to get started? Here are the supplies you’ll need. And all this in a relatively short amount of time. The 100 envelope challenge will help you save more than $5000. You will save $5050 in 3 months with the 100 envelope challenge The challenge takes long enough that you have time to save a good amount, but not so long that you lose focus. That means that at the end of a three-month period, you’ll have $5050 more than you had before. Here are the basics of how you can save this money without stress. While there are many reasons to do the 100 envelope challenge, what you don’t have to worry about is a complicated savings method that makes the process no fun. You might use this money to fund your investments for the year, create an emergency fund if you don’t have one, pay for an expensive upcoming home repair, etc. Saving up $5000 is a big goal, and it can definitely help you out with savings. How can I actually save $5,000 in 3 months with envelopes? The awesome thing about it is that it’s fun and not too restrictive. It’s a great technique that can really help you to pile up cash quickly or reach any sort of financial goal. This is the really great part – the 100 envelope challenge allows you to save $5050 in just 100 days. How much money do you save in the 100 day challenge? This is a good amount of time to form a new savings habit and also enough time to save a significant amount that makes you feel like it was all worth it. How many days does it take to do the 100 envelope challenge?Īs you might have guessed, this challenge takes 100 days to do. It is great for new savers and people who have never tried a money challenge like this before.Īs an affiliate partner of various brands and sponsored content, HerPaperRoute may earn commission on qualifying purchases. The 100 envelope challenge is a really fun way to save some money. ![]() The 100 envelope challenge is an exciting way to save a decent amount of money in a short period of time.Should I do the 100 Envelope Challenge?. ![]() Use the printable to keep track of your progress Put the designated amount of money in the envelope Shuffle the envelopes and place them in their storage container
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