100 Envelope Challenge – Save Money With Fun & Excitement

100 Envelope Challenge – Save Money With Fun & Excitement

If savings seems to you one of the biggest challenges of your life then, why don’t you try the 100 Envelope Challenge, which is a fun way to save money for upcoming and unavoidable financial requirements? Just read the blog till the end to know what the 100-day envelope task is and how it works to make an individual the best money saver.

In this fast-paced world where prices of almost everything are skyrocketing and unbearable, saving money while managing all essential expenses every month becomes a quite challenging task not for one but for millions of people across this globe. Savings is an important aspect and it has the power not only to shape your financial status but it is also helpful to make you prepared to perfectly deal with the unexpected adversities of life.

It takes constant determination and patience to invest your money into savings every month so that you could get a good return when you need money most. Generally acknowledged that not everyone can’t go on living their lives while managing savings as they may have to compromise with their regular or required expenditures. As a consequence of which, many of us drop the idea of saving money from our monthly income.

But worry not!

If you are a person who can easily give up on your savings plans then, we are here to help with your savings. Here in this blog, we are going to disclose about one effective and fruitful method, through which, you would love to save money from your income as per comfort.

What is the 100 Envelope Challenge? How does it work to turn an individual into the best saver?

The 100 Envelope is a popular challenge that helps people make satisfying and fruitful savings from their monthly income.  You can also call it a technique or tool, which shows you the path where you can manage your money while overcoming your expenses. Let me just give you a brief introduction to this idea so that you can get everything clearly and completely.

All you have to do is – just get 100 envelopes and write 1 to 100 numbers on them and put all these envelopes in a container. After that, you will have to pick a random envelope out of that container. In that picked envelope, you will have to put money equivalent to the number written on the envelope. Make sure you continue this task until 100 days are completed. And once you successfully accomplish the task then, you can save up to $5,000 in 100 days.

You would also be amazed to know the fact that – the idea of a 100-day envelope was first seen on TikTok and after it started getting attention from people then, it became famous worldwide and especially on social media websites.

People seemed very pleased and excited with the idea of saving money without any hassle or any requirement of a large amount of money.

What is the procedure to get started with the 100 Envelope Challenge?

  • To get started with the idea, you will have to get 100 envelopes first.
  • After that, without thinking too much, you will have to write 1 to 100 numbers on them with a marker. You can use the marker so that writing is visible, effective, and of course fascinating.
  • After you are done writing numbers on the envelopes following the order then, you will have to shuffle those envelopes to kickstart the fun procedure of saving money.
  • Each day, what you have to do is – just pick a random envelope and also, make sure that you pick the envelope without looking at its number. No cheating!
  • Without caring too much about the number written on the envelope, you will have to put money inside the envelope equivalent to the number. Suppose, if you have pulled a 30 number envelope then, you will place $30 in that envelope. And continue this process until 100 days.
  • In the next step, you will have to place aside filled envelopes so that the empty and filled envelopes do not get mixed.
  • While you think that you are being consistent with your plan then, you can on a daily basis, record your progress either in a notebook or on your phone.
  • Please continue this process until the container of envelopes is empty or replaced with filled envelopes.

Read- $60000 A Year Is How Much An Hour? – Calculate How Much You Make An Hour

Another way to pursue the 100 Envelope challenge 

In this way, you can put money into envelopes for 5 days a week just because you would like to have a break or you can call – a kind of holiday from this activity for a while. You can choose your days as per your commitment or desire. If you follow this way then, it will take around 5 months to save $5,000.

You can use digital envelopes also

  • You can download a 100 envelope challenge printable tracker with numbers 1 to 100 mentioned on them.
  • For this, you can use the online random number generator to pick the daily random numbers to save money.
  • You can also create or open a separate savings account to manually deposit money during the 100 envelope challenge.

What are the advantages and disadvantages of the 100-day envelop challenge?


  • It is simple to save money with fun and excitement.
  • It gives you quick access to your money when you need it.
  • Due to some unavoidable reasons, you have the flexibility to halt the process and restart it when things get better.


  • It takes motivation and determination to continue with your challenge.
  • At times, you may not have the cash to put into the envelopes.
  • If you don’t have envelopes then, you will have to buy them.



What is the 100 envelope challenge?

It is the best idea to save money up to 5,000 in 100 days. You just need envelopes and determination to carry on with the process until 100 days.

How long does it take to do the 100 envelope challenge?

It may take up to 3 months and 5 days.

How can I save $10000 a year with envelopes?

You can increase the amount, which you want to put into envelopes.

How much money do you save with the 1/100 envelope challenge?

You can save up to $5,050.


The Ending!

With this 100 Envelope Challenge, you do not have to ignore your desires and expenditures, which are necessary. To get started with this idea, all you need is – dedication and 100 envelopes. The 100-day envelope challenge is a motivational way that can make you save up to $5,000. To accomplish your future financial goals, you can put some money in these 100 envelopes. Now let me tell you how you are going to do this. Read the above information carefully.

About the Author

Elina Themen

Elina Themen is a personal finance writer with over 20 years’ experience writing about investments, money management and financial planning. Her work has appeared on numerous news and finance websites including topbankingrates and more.

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