New Year's resolutions. Does anyone make them anymore? The answer is probably yes, the real question is, do we actually stick with them? I'm not really a resolution person but at the beginning of every year there are 'goals' that I set for myself and I do try my best often to achieve them. It's typically the 'workout more, eat healthier, mumbo jumbo' but this year I've seen something on TikTok that I am curious about? It is a money saving trick....

I'll share it with you because if I decide to give it a try and actually stick with it, it does seem like it would be very beneficial to anyone willing to give it a try. I saw on TikTok recently the #envelopechallenge.

Here is what you label 50 envelopes 1-50, or if you happen to have a bigger budget, 100 envelopes label them 1-100, then randomly choose any 2 envelopes every week and place your cash into them. For example if the 2 envelopes you choose are the #32 and #15, you will put $32 in the 32 envelope and $15 in the 15 envelope. Whatever number the envelope has written on it, is the amount of money you put in. 

If you do this continuously, by the end of the year, you will have saved up a little over $5,000! How fabulous does that sound? If 1 of your goals in 2021 is to control your spending, this would be an excellent way to do so and by December, you will either have some extra spending cash for Christmas or put it away for a trip or even a rainy day and start all over again the next year!


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