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100 Envelope Savings Challenge

So I'll be starting this challenge this month. 

100 envelopes numbered 1-100 and you add the corresponding amount of cash into the envelope (or online if you prefer) and once completed you will have a total of £5,050!

Now I'm going into this with the full awareness that it will take me years to complete this challenge but I'm okay with that. 

Anyone want to join me? 
«13

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    #1 - _Dolly_Rocker_
  • [Deleted User]
    [Deleted User] Posts: 0
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Newbie
    edited 2 July 2024 at 3:20PM


    Will update this on excel as I go! Excited to get started.
  • Filled my first 4 envelopes - total saved £10

  • Not a challenge for me, I’d probably lose the envelopes but you could mix it up and fill up envelopes based on random bits of money becoming available.  It might help manage the bigger amounts
    June 2026, Mortgage free, Emergency fund fully funded & £200/200 cash maximum pb holding .:jWeight 12st challenge 11st 2lb

    Gift to children challenge £40k in 2 years. Short term gift challenge 7 presents and $1300 can by September.

    Determined to stop defining myself by my mistakes. Progress not perfection. I’m not perfect but I’m good enough.
    https://forums.moneysavingexpert.com/discussion/6673398/hopefully-cruising-with-focus-towards-retirement#latest
  • Yeah that's a way to do it too - I'm marking off the amounts and adding the cash to my savings account so not lying around the place. 

    Just a good wee challenge for me. 
  • #
    Total now £38.

  • Total now £58.
  • Nintud
    Nintud Posts: 557
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Forumite
    edited 1 October 2024 at 4:06PM
    Can I join you? I have a 100 envelope binder with pockets in it for the envelopes (pocket money sized) so I’m ready to start 😁
    MBNA 430/14000
    Santander 435/10550
    Nationwide 0/497
    Santander OD 0/2900
    Nationwide OD 21/100
    Mortgage
    NSD Jan/6

    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
  • [Deleted User]
    [Deleted User] Posts: 0
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Newbie
    edited 2 October 2024 at 3:24PM
    Sure can!

    I've just emptied mine to pay off debts but will start it up again in the new year. 

    I'll be hear to cheer you along though. 
  • Nintud
    Nintud Posts: 557
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Forumite
    Baby steps to start off with. I put a £2 coin in yesterday and £1 today.  I’m planning on saving my £2 coins for the £12,£22 etc envelopes. I can see this binder getting difficult to close very quickly!

    I won’t be adding to it daily, just when I have the right combination of notes and coins.

    im saving for new flooring in my flat. Can’t decide between carpet and laminate, but the carpet that’s down now has been there since 2002!  It’s minging!!

    The flat is an ex-rental. The carpet is threadbare in high traffic areas and I’ve had to cut some away because my pooch pulled at the threads and it kept catching in the vacuum rollers and unraveling even further. It’s clean(ish) because I run my rug doctor over it regularly, but nothing can make it look like anything but a 22 year old carpet. 
    MBNA 430/14000
    Santander 435/10550
    Nationwide 0/497
    Santander OD 0/2900
    Nationwide OD 21/100
    Mortgage
    NSD Jan/6

    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
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