Save 5,000-10,000 A Year By Following This Simple Method

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Someone shared this on tiktok and i thought it was pretty cool! so im sharing it with you all! you'll first need to save some money up before starting and you will need to save money to do this it helps promote saving in many ways

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I am saving $10, 000 3x in this year. I am taking 50 envelopes and putting $200 in each envelope. I am paying off some college debt for my daughter and a couple bills I have also.

tanyaaustin
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The envelope trick really works. No matter how you structure it that envelope is life!

scorpionattitude
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a lot over people over buy or over spend on food and going out, just stay home and don’t do much for 6 mo to a year and you’ll notice the difference and see how much you can actually save. most people don’t even budget either so they have no idea what’s coming in and going on. good luck to all on their financial journey!

NathenHodge
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😮 I'm not being funny.... But I would only do this Saving with my husband ... Not with a boyfriend who might not be with me in 3 months ... Never do anything Financial with a boyfriend!! You do yours separately.🇬🇧🙏🏾
🇬🇧

summertime
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It doesn't matter which way I try to save, It never exceeds over $300 before something happens and I have to spend it. I've accepted that in my life today 🤣

myhumansuit
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Boyfriend calls it quit but then she realizes her money is gone

Franksinatra
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Great idea IF you're not broke like us! More month than money!!

louiseg.
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"Save money by this simple trick... save money! Works everytime!"

DirtyAstronaut
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This is incredibly convoluted. Just save 210 a week or 840 a month

JSmoothSoul
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Its called the 100 Envelope Savings Challenge

awol
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I dont use this method, but i saved like up to 2600 per month last year. Just by selling stuff i didnt need or like and by not spending money on crap i didnt need.

Sapientiam
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So some weeks you’ll have to drop over $100. That’s great but I don’t know many people that can spare $100 in one week. I guess you could do 50 envelopes though.

BlaineO
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You have to have extra money to save money.

margaretwince
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That is hecka cool. Me and hubby are on board. THANK YOU

UnaKing-khjq
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Personally i think that's a very bizarre way to save money. Most don't have the extra to even put 5.00 away

brkitdwn
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this is how I am saving 500 month! this works so much better then just putting money away from your check each week or two weeks!

JOESUBA
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Problem is you cant deposit that cash in bank account without red flagging yourself to IRS.

sharonphillippi
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However very impressive that's one way no to ask for a loan

gbeestuar
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Just live in your car. I promise it’s worth it after a year. I managed to rack in 40k after all expenses in just 1 year of living in my car.

randomshortshq
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I did 10, 000 in 3 months. Putting away 3k just for savings. And lived on a hard tough budget.

Clipahoy