The number on the front of your envelope is the amount you save that day.īy the end of 200 days, you will have saved $5,100! How is the 200 Day Envelope Challenge Better Than The 100 Day Envelope Challenge?Īs I mentioned earlier, the 100 day envelope challenge is great if you have the extra means to complete it. Once your envelopes are numbered, you will mix them up in a box and pull one each day. Oh and if you’d rather not have 200 envelopes, take 100 envelopes and number 2 sets 1-50 then reuse the same envelopes twice (just put the money in the same envelope so the 50 envelopes would each have 2 $50 bills). So, you will have 4 envelopes with $1, 4 envelopes with $2, etc. Instead of making 100 envelopes, you make 200 envelopes and you number them 1-50 and you do this 4 times. You essentially save $5,000 over the course of 200 days instead of 100 days making it more affordable and budget friendly. The 200 day envelope challenge is similar to the 100 day envelope challenge but it’s an easier and more reasonable way to save $5,000. This is literally nowhere else (I checked) and is an idea that just came to me one morning. That is when I took a look at what was actually reasonable and came up with the 200 day envelope system. But what if you pull the $100 the first day and the $87 one the next? That is $187 you have to come up with in 2 days! YIKES! Now, that’s great if you pull a $1 bill the first day and perhaps $5 the next. So, you number 100 evenvoples with numbers 1-100 and mix them up.Įach day you pull a number and put that coordinating amount into that numbered envelope. Let’s break down what the 100 day envelope challenge looks like. While it is a great concept to help you save your money and perhaps even get on track with a budget, it doesn’t change the face that most people don’t have that chunk of change lying around. That is exactly what the problem is with the 100 envelope challenge. You see, the 100 envelope challenge is a genius money saving hack and has worked for so many however, there is one common complaint I’d see, how do you save $5,000 in 100 days when you have that money in the first place? But have you heard of The 200 Envelope Challenge that makes saving that money even easier? I didn’t think so. By now you’ve heard of The 100 Envelope Challenge that can help you save $5,000 in 100 days.
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