The 100 envelope money challenge is a fun challenge you can do to save more money.

Numbered envelopes to save money. Envelope #1 = $1.00, envelope #2 = $2.00, envelope #50 =. Give yourself an hour and see how long it takes before opening your last envelope. In 6 months you will have $1,275.

Of course, if you miss some days, your savings will be. Save $50 for every envelope. On day one you may draw the number 42 you would put $42 into that envelope and seal it.

$325 + $950 + $1,575 + $2,200 = $5,050. On day two you may pick out an envelope with the number 8, then you must place $8. Every week you choose 2 envelopes to put that dollar amount in.

After 50 weeks, all 100 envelopes should be filled with the dollar amount indicated, and if you use krista's amounts, it'll add up to a total of $5,050. Your challenge is to fill each envelope with the dollar amount equal to the number on the envelope. For each envelope you draw, you’ll add that the envelope number amount of money to it.

The challenge allows you to randomly. From days 76 to 100 you’ll save $2,200. I discovered this awesome way to use envelopes to save money a few months back, and have been testing it out to see if it actually works.

This useful finance printable will help you to gradually increase your savings over a 30 day period (1 month). The idea of this 100 day challenge is to draw out two random envelopes twice a week and put aside the amount you see on the envelope. The 100 envelope money saving challenge is a personal finance challenge that involves saving money into envelopes every day.