![]() ![]() Improve your cash situation in 3 months – this money challenge is fairly short, so you can save money fast.Makes savings a habit – by creating a routine around filling out your tracker and picking envelopes, you’ll create money habits that will stick with you long after the challenge is over.It’s fun to challenge yourself to do hard things! Save money for a purpose – if you have a big expense coming up, a money challenge is a great way to save for it.Pros & cons of the 100 day money challenge Pros of 100 envelope challenge So if you have a bag of clothes your kiddo is outgrown, you post a picture of the items on the group page, and people can request the items from you (they even come and get them off your front porch!)īuy Nothing groups are all over the country just go on FB and search for “buy nothing near me,” and you’ll see some local groups in your area. You can also get rid of stuff you don’t need anymore to neighbors who want them. This is a group where you ask your neighbors for things you need so you don’t have to buy things. But if making it cute and pretty will make it more likely for you to stick with then, by all means, make it fun for yourself the supplies aren’t too expensive.ĭon’t forget to ask around for supplies I love my local Facebook Buy Nothing group. Since this is a money savings challenge, I highly suggest using what you already have, as it’s free. I promise nothing bad will happen if you miss a day and need to extend your challenge it’s okay. So if you miss a day, don’t throw in the towel and quit just get back at it the next day. Go easy on yourself if you miss a day – No one is perfect, and this is a “challenge,” which means it’s hard.For example, you can fill out your tracker right after brushing your teeth before bed at night. ![]() For example, try habit stacking, where you stack a new habit you want to adopt right before or after a habit you already have. Make it part of your routine – Our bodies love habits (both good and bad), so make filling out your tracker a part of your daily habit.Keeping it up front and center is essential! Put it on your refrigerator or your bathroom mirror, somewhere where you’ll see it every day. Keep your tracker where you can easily see it – Don’t tuck it away in a binder or a pile of papers.If you’ve had trackers in the past but haven’t been successful, then I’ll share some tips that may help you. If you do like tracking, then be sure to grab your free 100 envelope challenge chart. (Some people are like this, and others not so much). I love a good printable tracker! I find that tracking my progress visually can keep me motivated. Usually, you’ll fall somewhere in the middle. If you grabbed the highest envelopes, say 94 – 100, then the most you’d save in a week is $679.If you grabbed the smallest envelopes, say 1-7, then the least you’d save in a week is $28.So one day, you could grab a $3 envelope and then the next day, a $56 envelope. Your savings amounts will vary each week, as you’ll pick envelopes randomly. When you do the 100 day money challenge, you’ll save $5,050. ![]()
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