The 100 Envelope Challenge is a fun, simple, and stress-free way to start saving more cash. Here are some tips on how to start this awesome money saving journey with my free printable below: How much money do you save doing the 100 envelope challenge? The amount you save in the first month is random, but you can expect to save over $1,000 in just the first month! That’s enough to be excited about, right?!?! I know it sounds like a bit of a stretch, but hear me out: you’ll save $1 to $100 each day. The solution? Challenge yourself with a 100 envelope challenge. This way of life is no good if you have anywhere in your budget left over at the end of each month it’s barely enough to make rent. Like every other month, I would spend money on unnecessary things like clothing and shoes (check!) or expensive meals out for one person (double check!). Honestly, we spend because we truly don’t know what to do with our money.Ī simple way to save over $5000 in a mere 100 days or about 3.5 months!įor most of us, we realized our spending habits needed work. If you found the 52 week Money Saving Challenge free printables useful, gave it a go, or have any questions, please let us know in the comments below – and help inspire others.Today, I received an email from a reader, who said, “I struggle with controlling my spending and being able to save.” Love Money Saving Challenges? Check out these. We have loads of free printable templates available to help you with everything from Money Saving and Income tracking to Meal planning and Debt Management over on our Freebies section. You’ll be hitting your savings goals in no time! Well, that's the easy part! Simply click here and you can print the PDF off at the click of a button. How to get your FREE Spare Change Template Participating in a challenge, especially if you are doing it with a friend, family member or group, can help make saving more fun and help keep you on track. For this particular Money Saving Challenge, either works perfectly. Some people like to save in a jar and others open a bank account specifically for their savings. This is why I find the print outs so handy. Put your printed chart somewhere you will see it daily, so it's always to hand and you always have a reminder of what you're working towards. Looking for more ways to save cash? Check out our 101 Best Ways to Save Money Tips for The 52 Week Saving Challenge Keep Your Challenge in Sight The 52 Week Saving Challenge helps you build a habit that doesn't feel too overwhelming, whilst still ending up with a significant amount of savings at the end of the year. Use our free printable chart to help you keep track of your savings. Continue increasing your savings weekly by £1, bringing your total amount saved to just under £1,400 by the end of the year. The next week, put away £2, and the next, £3. You start by saving just £1 on week one of the challenge - and increase by £1 each day. The basic principles of the 52-Week Challenge are simple, and the challenge is fun and affordable. How to Complete the 52 Week Money Saving Challenge Here’s a preview, you can download the high-def PDF further down or click on the image. Use this free template to keep track of your weekly save, which you can download and print off completely free of charge. We're always on the lookout for ways to save money – but it's not always easy to find a savings method that works for you, one of the most popular methods our community likes to participate in is the 52 week money saving challenge. Millions of people take part in the '52 Week' Savings Challenge every year, the idea's straightforward, and makes it easy to save. This method promises you £1378 saved at the end of the year.
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