7 popular money challenges that could actually help you save

A money saving challenge makes saving fun again. Keep on reading to learn more!

100 Envelope Challenge

Number 100 envelopes from 1-100. Each day, put in the amount of cash listed on the envelope. By the end of 100 days, you’ll have $5,050 stashed away.

Setting aside an extra fund for gifts, whether holiday, wedding, or general, keeps money out of sight and mind until you need it.

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Holiday Helper Fund

52-Week Savings Challenge

The concept is simple. You set aside $1 at week one. Then $2 at week two. By the end of 52 weeks, you’ll have saved $1,378.

Pick a week or weekend and spend money on only necessities in a timeframe). Cut out discretionary spending on non-essentials like clothes, entertainment, and eating out.

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The No Spend Challenge

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