Five simple envelopes, five days a week Challenge Description Crushing your savings goals may seem simple on paper, but when life throws complex decisions and unexpected expenses your way, it’s often easier said than done. The traditional 100 Envelopes Challenge, while effective for some, can become overwhelming for others as the amounts increase, leading many to abandon their savings aspirations. The 100 Envelopes Challenge in just five envelopes offers a novel twist, making it simpler and easier to reach your savings goals. The Challenge with the Traditional 100 Envelopes Method The original 100 Envelopes Challenge involves numbering 100 envelopes from […]

Savings accrues in increments one percent at a time Challenge Description A good rule of thumb in the path towards financial stability is to save 20% of your income. However, setting aside such a significant amount right away can be daunting, particularly when struggling to save money. While this might seem like a challenging target, it’s a benchmark that can be reached with a little time and effort. The 1% Progressive Savings Challenge is ideal for those who find it daunting to set aside a large portion of their income for savings all at once. This challenge is designed to […]