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Save money with the 100 envelope contest

Postby augusta » 11 Nov 2022, 11:43

As the name implies, this is saving money with the he use of 100 envelopes. So you can quickly gets some envelopes and number each of them from 1-100 on the inside of the envelope. Seal the envelopes and keep them in a box or a safe bag. Don't forget to shake them around to randomize their order.

Next, is to leave Money in each of them, just pick any of envelope randomly from the box. and leave the money of that number into the envelope and store away if not you can use a bank account. Deposit the number shown on the envelope into your bank account.
 
Do this for the first 100 days and see how much you have saved
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Re: Save money with the 100 envelope contest

Postby oldbuddy » 11 Nov 2022, 15:54

augusta wrote:As the name implies, this is saving money with the he use of 100 envelopes. So you can quickly gets some envelopes and number each of them from 1-100 on the inside of the envelope. Seal the envelopes and keep them in a box or a safe bag. Don't forget to shake them around to randomize their order.

Next, is to leave Money in each of them, just pick any of envelope randomly from the box. and leave the money of that number into the envelope and store away if not you can use a bank account. Deposit the number shown on the envelope into your bank account.

Do this for the first 100 days and see how much you have saved

Just the top 10% of the envelopes will hold over $1,000, but where does the money come from to fill them?
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Re: Save money with the 100 envelope contest

Postby augusta » 13 Nov 2022, 04:43

This is for those working and want to save money as much as they can. So you can decide to do the savingmaybe 4 times weekly. it depends on the number of times you want.
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