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2023 Cash Envelope Saving Challenge
LittleMissDetermined
Posts: 10,249 Forumite
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
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
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!
Life gets in the way...PADding is addictive...Saving's better than spending...
My savings diary - Now for a healthier, wealthier me
2026 1p challenge #7 | Cash envelope challenge #01 | SPC #017
EF £1000/£1000 | Sabbatical £4220/£6000
2
Comments
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Cash envelope stuffer roll call
#01 LittleMissDetermined
#02 Keedie
#03 BlueJ94
#04 lellybun
#05 bigbeff
#06 Choccygirl123
#07 SkyChild
#08 ~flowerpot~#09 IndiJonesiLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2026 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4220/£60000 -
Spreadsheet of amounts paid
https://docs.google.com/spreadsheets/d/14SiMlrMnnyPKrtyXtGboOqiAPImImBofC_tLt12v2tM/edit?usp=sharing
Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2026 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4220/£60000 -
Debt Free Diary:- The Mental Debt Struggle
(Original Debt on 15/07/2016 was £33,056.76) 🙈 but Debt Free on 09/02/2025 🎉1 -
Of course, you are number 02Keedie said: Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2026 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4220/£60000 -
Sign me up! I’ll grab some envelopes on my way home tonight!I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Debt owed;Admiral - £0/£8000
DFW Challenges!
PAD #
365 Day 1p Challenge 2026 #8 £31.65
Pay off all your debts by Christmas 2026! #14 £74.77/£8000
Make £2026 in 2026! £390.05/£2026
Savings goal £91.50/£10002 -
Welcome! You're number 03BlueJ94 said:Sign me up! I’ll grab some envelopes on my way home tonight! Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2026 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4220/£60001 -
Hi! Happy New Year and thanks for starting this challenge LMD, please could I join?2023 Weekly Cash Envelope Savings Challenge #04
2024 Weekly Cash Envelope Savings Challenge #031 -
Absolutely! Welcome @lellybun You're number 4lellybun said:Hi! Happy New Year and thanks for starting this challenge LMD, please could I join?Life gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2026 1p challenge #7 | Cash envelope challenge #01 | SPC #017EF £1000/£1000 | Sabbatical £4220/£60000 -
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!Making magic with fabricLight travels faster than sound. This is why some people appear bright until you hear them speak.2
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Hi, I'll join please - not physical envelopes, just a new saver Debt as of 29/12/25
Overdraft: 1465.60 327.33
CC1: 866.75 500
CC2: 5699.85 5199.85
Total:8032.30 6027.183
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