How To Save $5,050 in 100 Days!
There are so many times that I would like to buy something but pass on it because I do not feel like I have the “extra” money to spend on the purchase of something that I want as opposed to spending money on something that I need. I usually don’t take part in TikTok trends but when I came across this new trend, I thought I gotta get in on this! I would love to have a savings to spend for fun things or just to have tucked away for a rainy day.
ABC says the 100 Envelope Challenge is trending on Tik Tok. The challenge helps people save money over the course of 100 days. It works by placing a dollar in an envelope on day #1. On day two, $2 should be put in envelope #2. The stashing of money should continue until 100 envelopes are full on day 100. Each day, the increment should increase by $1. On day 100, a person would have saved $5,050.
I am not sure I can go the entire 100 days with putting money in an envelope at that pace, but I am willing to do it for 60 days, which would still give me a good amount of money by the end of my personal challenge.
Maryann Morgan
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