100 Envelope Savings Challenge

An online version of the 100 envelope savings challenge.

What is the 100 envelope savings challenge?

It's a money challenge, where savers pledge to stuff 100 envelopes over a certain period of time to reach their savings goal.

Where's the cheapest place to buy envelopes?

Dollar stores typically have envelopes for $1.00 plus tax. If you don't have a dollar store in your area, you can make your own, or buy envelopes online (these self-sealing ones are popular).

How does the envelope challenge compare to other savings challenges?

It has a specific goal (fill 100 envelopes), while also being pretty flexible (with any amount), which can make the challenge feel more achievable.

How much can you save using this method?

You can set your own goals. For example, if you want to save $100, you can stuff each envelope with $1.

Can you save $10,000 with the 100 envelope challenge?

Yes! You can stuff each envelope with $100.

How do you make the envelope challenge fun?

Many savers enjoy using money binders filled with labels, stickers, and pockets. In fact, 2,000 Amazon customers, bought this binder in August of 2025. Customers liked how the binder helped with saving, organizing, and habit building.

What are disadvantages to the envelope challenge?

Physical cash stored in envelopes does not earn money. When cash is stored in a high yield savings account, or other interest earning financial product, it can help savers reach their goals quicker by putting the money to work.

What are other money challenges?

• $1 a day

• 30-day penny challenge

• 30-day savings challenge

• The money box challenge