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100 Envelope Challenge

The 100 Envelope Challenge is the newest craze in Money Saving Challenges. It's an easy challenge that can money savers are using to save a whopping £5,050 in one year (some even 6 months) it can be adapted to suit your income & payment schedule - which is why it's so popular.

100 envelope challenge pack

We're always on the lookout for ways to save money – but it's not always easy to find a savings method that works for you, this one has taken off recently on TikTok and our community is loving it.

100 Envelope Challenge

100 envelopes challenge



How to Complete the 100 Envelope Challenge

The basic principles of the 52-Week Challenge are simple, and the point of the envelope challenge is to make it a fun, affordable way to save.

 Get 100 paper envelopes, Label each one from one to 100, and pop them in a bag or box.

 You then draw envelopes at random. The challenge is supposed to be 2 envelopes per week for 50 weeks, but you can adapt it to your pay schedule if needed and do 8/9 per month or even 4 per fortnight.

 Whatever envelopes you pick out you have to fill with the equivalent amount of money stated on the envelope.  So if you pull out envelope number 12, you put in £12, and if you pull out an envelope number 49, you put in £49, meaning that week you would be saving a total of £61.

 By the end of the challenge, you will have saved £5050.


Where to Buy Envelopes?

Search for dinner money envelopes as they are a perfect size.

I purchased mine from Amazon, they were £3.51 with free delivery for 100 here - Amazon Envelopes

You can also get them from any supermarket pretty cheaply, Tesco sells a pack of 50 for just £1 here.


How to get your FREE Template

Use this free template to keep track of your weekly save, which you can download and print off completely free of charge.  Here’s a preview, you can download the high-def PDF further down or click on the image...


100 envelope money saving challenge 


Well, that's the easy part! Simply click here and you can print the PDF off at the click of a button. You’ll be hitting your savings goals in no time!

We have loads of free printable templates available to help you with everything from Money Saving and Income tracking to Meal planning and Debt Management over on our Freebies section



Looking for more ways to save cash? Check out our 100+ Ways to Save Money


100 Envelope Saving Challenge Tips

Highs & Lows

If you're worried you wouldn't be able to afford two high numbers in one week, you can separate them into two piles and pull one from each. 1 - 50 and then 51 - 100. That way you would never have to save more than £150 in any given week.

Adapt the Challenge

The great thing about this challenge is how easily it can adapt to your budget and payment dates. If you happen to pull out number 100 and number 99 in one week and really can't afford it, there's nothing stopping you from putting one high number back and having another go, or simply use the above high and low method.  

Round Up

I round up all my envelopes just to save that little bit extra if I am able to on any particular week.

Choose a Day that Suits You

If you get paid weekly, fortnightly, or monthly then that's the day you should pull your envelopes. If it's weekly, pull two a week, fortnightly pull 4 per fortnight and monthly pull 8 or 9 (depending on if you want over or under). That means your challenge will be completed within a year and you can afford to hold back a few envelopes on a couple of pulls throughout the year if money is tight.

Keep Your Challenge in Sight

Place your printed chart somewhere that you will always see it, so it's always to hand to mark your progress and you'll always have a reminder of what you're working towards.  This is why I find the printouts so handy.

Choose the Best Saving Option for you

Some people like to save in a bank account specifically for their savings at others at home, in cash.  For this particular Money Saving Challenge, cash is preferred for the envelopes but you can easily adapt it and save in a bank account if it's easier.

Team up

Participating in a money saving challenge, especially if you are doing it with a friend, family member, or group, can help make saving more fun and help keep you on track.


Love Money Saving Challenges? Check out these...

No Spend Challenge

Bingo Money Saving Challenge

1p Saving Challenge

Spare Change Challenge

52 Week Saving Challenge

Monthly Money Saving Challenge


If you found the 100 Envelope Money Saving Challenge with free printable chart useful, have given it a go, or have any questions, please let us know in the comments below...

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Claire Roach Founder & CEO @ Money Saving Central

Claire Roach Money Saving Central Founder

Claire is the UK's #1 'Online Shopping Expert', she is best known for creating sale date tracking to reveal UK sale dates so her followers are first to know when the next sale is due to land for their favourite stores - making her unpopular with major UK retailers!

Featured in major news outlets and TV shows such as 'This Morning', 'The Times Money Mentor' 'Closer magazine, 'The Guardian' and many more for posts such as the viral 'Kids Eat Free' and 'Supermarket 25% off Wine Deal Dates' promotions she features. Read More