2023 Cash Envelope Saving Challenge

LittleMissDetermined

bigbeff said:

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

Welcome 🤗 you’re number 5

BlueJ94

Evening @LittleMissDetermined I got my envelopes! Going to sit down with a cuppa and sort them out, thinking of doing this method

• Equally by placing  £26.50 in each and every envelope 

But having an extra envelope for “extra notes” that way it’s a nice surprise at the end of the year, I think every week I’ll withdraw money from the cash machine

then with the savings I have from using a work van I’ll equal that out between my savings account and any other challenges going on!

LittleMissDetermined

BlueJ94 said:

Evening @LittleMissDetermined I got my envelopes! Going to sit down with a cuppa and sort them out, thinking of doing this method

• Equally by placing  £26.50 in each and every envelope 

But having an extra envelope for “extra notes” that way it’s a nice surprise at the end of the year, I think every week I’ll withdraw money from the cash machine

then with the savings I have from using a work van I’ll equal that out between my savings account and any other challenges going on!

Ooh that’s a good idea x 

Keedie

I like the idea of equal envelopes @BlueJ94 and having a nice surprise at the end.

BlueJ94

@keedie agreed! I think that’s the easiest way in my own mindset as it doesn’t sound a lot.

LittleMissDetermined

I'm doing them randomly depending on how much cash is in my purse or available to allocate. I have added for this week and next week (as I will be on holiday next week) so I have crossed off #15 and #20 
LMD x

Keedie

You're doing well @LittleMissDetermined as those aren't small amounts either. I'll be starting mid-month once I get some money

LittleMissDetermined

Well, it's never too late to join. Any amount saved is better than spending  

Keedie

I finally filled my first envelope with £4! 

I also found a tracker on google with little envelopes marked 1 to 52, and I've coloured in the 4th envelope. Glad I was able to start it before the middle of the month.

LittleMissDetermined

Keedie said:

I finally filled my first envelope with £4! 

I also found a tracker on google with little envelopes marked 1 to 52, and I've coloured in the 4th envelope. Glad I was able to start it before the middle of the month.

Fabulous @Keedie! I will update the tracker for you with 'week 4'   Would you be willing to share the chart? I do love colouring in