2023 Cash Envelope Saving Challenge

LittleMissDetermined

Welcome to the 2023 weekly cash envelope savings challenge!

This challenge has been mentioned by a few MSE forumites and it's something I really want to complete in 2023 so I thought I would set up the challenge to see if anyone else would like to join in. 

What you will need:

• 52 envelopes (the small cash envelopes are ideal) 
• A safe place to keep cash such as a safe, lock box for example
• Cash

How it works:
Take 52 envelopes and label them from week 1 to week 52. Throughout 2023 we will be adding money in £'s equivalent to the numbers on the envelopes. At the end of the year we will have saved £1378 to use for whatever you like. 

Each week, add a post with which envelope you've filled and I will update the tracker spreadsheet.  It is helpful if you can add it with your number in bold to make it easy for me to keep a track

Filling order is optional! 

• Consecutively (forwards or backwards) 1-52 or 52-1 
• Randomly by picking an envelope each week and placing that amount inside
• Alternately selecting 1, 52, 2, 51, 3, 50, 4 etc which evens it out across the year
• Equally by placing  £26.50 in each and every envelope 

For anyone wishing to join in, please add a comment to be allocated a number and let me know which filling order you will be doing   It would also be great to hear what you will be planning on spending your hard saved cash on at the end of the year! 

LittleMissDetermined

Cash envelope stuffer roll call 

#01 LittleMissDetermined 
#02 Keedie
#03 BlueJ94
#04 lellybun
#05 bigbeff
#06 Choccygirl123
#07 SkyChild
#08 ~flowerpot~

#09 IndiJonesi

LittleMissDetermined

Spreadsheet of amounts paid

https://docs.google.com/spreadsheets/d/14SiMlrMnnyPKrtyXtGboOqiAPImImBofC_tLt12v2tM/edit?usp=sharing 

Keedie

Thank you for creating this @LittleMissDetermined. Can I join please? x

LittleMissDetermined

Keedie said:

Thank you for creating this @LittleMissDetermined. Can I join please? x

Of course, you are number 02

BlueJ94

Sign me up! I’ll grab some envelopes on my way home tonight!

LittleMissDetermined

BlueJ94 said:

Sign me up! I’ll grab some envelopes on my way home tonight!

Welcome! You're number 03

lellybun

Hi! Happy New Year and thanks for starting this challenge LMD, please could I join? 

LittleMissDetermined

lellybun said:

Hi! Happy New Year and thanks for starting this challenge LMD, please could I join? 

Absolutely! Welcome @lellybun You're number 4 

stitching_witch

I’m currently doing the 1p savings challenge and just signed up for a £50/month regular savings account so I think that’s my limit this year. I will certainly join in if you do it again next year. 

Good luck to everyone!

bigbeff

Hi, I'll join please - not physical envelopes, just a new saver