100 Envelope Saving System
So a group of my friends decide to do this 100 envelope saving system and today is the first day, i'm hoping i can make it through the year....Scratch that I'm going to make it a point to fill all my envelopes by November 1, 2012.
I am going to document my progress here cuz i know it's going to get harder as the envelops start to fill.
1. You buy 100 envelopes.
2. You number the front of each envelope 1 through 100
3. You fill each envelope with the corresponding amount of money (For example, envelope 1 you will put 1 dollar in, envelope 2 you will put 2 dollars in, envelope 3 you will put 3 dollars in .... all the way up to envelope #100)
4. Once all of the envelopes are completed you will have $5050 Saved.
We have come up with one effective system (though you can tackle this the best way you know how) but if you fill 8 envelopes a month, by the next year you will have all of the envelopes filled. This is the method I am going to use. We we start on November 1st, so next November 1st we all should have the envelopes completed.
Let us know your idea and how you plan to fill the envelopes in a year or follow our method and write about it here.
At the end of the year, we want to take the extra 50 dollars (because we will have saved $5050 in total) and do something fun, like a group dinner or exchange gifts (or any other ideas you may have). When we complete it we will also have a GO TO THE BANK day, which we all go and deposit our 5G's !!!}