That's about $105 saved each week on average. This works out to $5,460 saved in 52 weeks (around 1 year). 52-week money challenge version – This TikToker started with 104 envelopes with numbers 1-104.Here are some challenge variation and rule modification ideas: There are plenty of ways to adjust the 100 day money challenge to better fit your lifestyle, income, and financial goals. Let's take a look at some variations and optional rules to make things more personalized… Variations of the 100 Day Money Challenge Not to mention, with random envelope drawing, if you managed to somehow pull the highest number envelopes multiple days in a row, you could be required to save up to $679 in a single week! Not an easy task. That's about $50.50 saved every single day on average. One of the main reasons is that saving $5,050 in 100 days is quite a high savings goal. Step 5: Congrats! If you completed the challenge successfully, you'll have saved $5,050.Īs mentioned, there are many ways to customize this challenge, and many reasons why you may want to customize it.Step 4: Repeat Step 3 every day for 100 days until you’ve filled every envelope.For example, if you pull envelope #50, you have to save $50 (or 50€, £, etc.). Whatever number is on the envelope, put that amount of cash inside of it, and stash it away. Step 3: Each day, pick an envelope at random.write 1 on envelope #1, 2 on envelope #2…100 on envelope #100) Step 2: On each envelope, write a number from 1-100 (e.g.Step 1: Buy 100 envelopes (yep, you have to spend money to get this challenge started…unless you follow my digital spin-off version below).Here's how the original 100 day money challenge version works: How Does the 100 Envelope Challenge Work? I'll never share or sell your information. More on these below.įor now, let's look at how the original version of the challenge works… Luckily, there are variations and modifications you can make to better tailor things to your unique financial situation and goals. Doing the original version of this challenge is no easy task. If you're thinking saving $5,050 in 100 days sounds crazy, you're not wrong. It involves 100 numbered envelopes, 100 days, and a hefty end savings goal of $5,050! The 100 envelope challenge - also known as the 100-day money challenge - is a money-saving challenge that has gained a lot of steam on TikTok. Who Should Do the 100 Envelope Challenge?.How to Do the 100 Envelope Challenge Digitally.Variations of the 100 Day Money Challenge.How Does the 100 Envelope Challenge Work?.