Learn how to save money with ease using this 100 Envelope Challenge. It makes the process of growing savings account simple, stress-free, and FUN to do.

Savings Challenge Printable - 100 Envelope Savings Challenge

Do you want to challenge yourself to save more money and build a solid savings account stacked with plenty of extra cash? If so, one of the best ways to make it happen is with this 100 Envelope Challenge. The challenge makes the idea of saving money less stressful and more manageable for everyone, even those on tighter budgets.

When you save extra cash, you’ll have more money to do what you love, whether that involves going on vacations to make memories with the family, taking trips to the spa for pampering and relaxation, or even buying new things, such as clothes or a vehicle. I’ve used it to save to have extra cash during maternity leave. No matter your reason for wanting to save more money and grow your savings account, the 100 Envelope Challenge is worth a try.

What Is the 100 Envelope Challenge?

Before you can do the challenge, it helps to know what it entails and how it helps you save money. With this challenge, you need to purchase 100 envelopes and then number them. Each envelope should have a different number on it, starting with one until you get all the way up to the last one, which would be the 100th envelope. After writing on your envelopes, flip them over and pick one each day for the next 100 days.

You never know what you’re going to get, but whatever you do get, you’ll add that amount into the envelope and set it aside. If you do this each day, you’ll end up with thousands of dollars saved that you can add to your savings account and access whenever you’d like to purchase something special.

Save $5,000 in 100 days savings challenge

The Advantages of the 100 Envelope Challenge

Not sure if this is a challenge for you? Don’t sweat it! If you’re motivated enough, you can successfully save a decent chunk of change. Check out the following advantages associated with this challenge:

  • Save at Your Leisure
  • Set Aside a Reasonable Amount Each Day (Anywhere Between $1 and $100)
  • Grow Your Savings Account at a Steady Pace
  • Have Fun Picking Out an Envelope Each Day
  • Save $5050 by The End of the Challenge

Can you imagine saving $5050 that quickly? In 100 days, you’ll have a little over $5000 available to spend. When you think about it, that could be your vacation fund, whether you’re taking a trip to Disney World or planning to head somewhere outside the country.

You can also choose to try to save more than $5050. If you need to save more than that, all you have to do is calculate the amount of money you’d like to have saved in your account by a set period. Once you do the math, you can then determine how often you’ll need to stuff your envelopes with cash in order to achieve your savings goal.


The Different Variations

Did you know there are different variations of this challenge that you can try? Instead of filling an envelope each day, you can fill an envelope on a weekly, bi-weekly, or monthly basis. Sure, it might take you a bit longer to save the $5050, but it’s still a fantastic way to stack up some of your cash and create a savings account, whether you plan to use it as your vacation fund or would rather have it in case of any emergencies that might pop up at the most unexpected moments. At least you know that you’ll be prepared for anything that comes your way when you’ve built a solid savings account.

100 Envelope Printable Savings Challenge

Have Fun and Save More Money

The 100 Envelope Challenge is a fun, simple, and stress-free way to start saving more cash. You may have a lot of goals in life and need money to achieve some of them, such as traveling more with the family, buying a new car, or even buying a new home. No matter what goals you’re trying to reach in life, it’s good to have money in your savings account because it comes in handy when you need it the most.

Now, you’ll be glad to know there is an easier way to save cash than ever before. You can use this challenge to keep you motivated enough to stuff envelopes with cash each day, ultimately ending up with $5050 in a matter of 100 days. Of course, you can do different variations of this challenge to save what you need at a slower yet steady pace.

Check out these other savings and budgeting posts:

Savings Challeng printable 100 Envelope Savings Challenge

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Kim S.
Kim is a 30-something-year-old wife and do-it-all mom of two beautiful daughters; her rainbow babies. Kim uses Beauty and the Bump NYC, to share her perspective about the things that she loves most and finds beautiful: family, travel, cars, food, and more. As a contributor to A Girl’s Guide to Cars, Kim shares her love for cars through providing helpful tips and car reviews from the perspective of a modern working mom.