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100 envelope challenge printable12/3/2023 If having cash is too tricky, transfer that amount to a savings account instead. ![]() For example, if you grab an envelope with a 52, you’ll add $52 to that envelope. Step 5: For each envelope you draw, you’ll add that the envelope number amount of money to it. You can choose to pull one daily, weekly, every payday, monthly – whatever you think will help stretch your savings abilities without putting your household in jeopardy. Step 4: Decide how often you’ll draw an envelope. Step 3: Place all the envelopes in a box, basket, or container. Part of the fun of the challenge is the random amounts you’ll draw each time! Step 2: Shuffle the envelopes so that they’re mixed up and no longer in order. Feel free to get creative and fun by decorating them with stickers or hand-drawn images to make it even more fun. Step 1: Label your envelopes, 1 through 100. Once you’ve gathered your supplies, you’ll need to do the following steps: You can also buy a 100 envelope challenge box from Amazon with prelabeled envelopes and a container if you want a very orderly and organized look. Optional: A free printable 100 envelope challenge or spreadsheet to check off which amounts you’ve already saved.A varying amount of cash (or you can move money every time to a savings account if keeping extra cash around is too much work). ![]() A bunch of envelopes – 100, to be exact.What You’ll Needįor the 100 envelope challenge, you’ll need: The goal of the challenge (besides saving $5,050) is to teach you how to be consistent with savings and keep your yourself and your family members focused on financial goals. ![]() The 100 envelope challenge is one of the most creative and challenging money-saving experiments around.
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