Turn Saving into a Game: The 100 Envelope Challenge

Turning Saving into a Game: The 100 Envelope Challenge In a time of economic uncertainty, many are looking for creative ways to boost their savings. One woman has shared her unique approach, turning saving money into an engaging game using the "100 Envelope Challenge." The method involves a binder with 100 slots, each corresponding to a dollar amount. She explains, "I'm terrible at saving money, but I needed to turn this into a game." By the end of the challenge, she aims to save $5,050. The video demonstrates the simple yet effective system, highlighting the satisfaction of marking off completed slots. Financial experts suggest that gamification can be a powerful tool for achieving financial goals.