$10,000 savings challenge
100 boxes, no envelopes or cash needed.
The 100-envelope challenge went viral because it is simple: 100 envelopes, a different amount in each. This version skips the envelopes. It is one sheet with 100 boxes from $10 to $190, adding up to exactly $10,000, for people who save into a bank account instead of cash.
It is a big goal. Over a year it is about two boxes a week; over two years, about one. Pick the pace that fits your budget and write your target date at the top.
How it works
There are 100 boxes from $10 to $190, adding up to exactly $10,000. It works like the 100 envelope challenge but on one sheet, for people saving into a bank account rather than cash. Pick a goal date and color in boxes as you save.
| To finish in | Save per week | About per day |
|---|---|---|
| 3 months | $769.24 | $109.90 |
| 6 months | $384.62 | $54.95 |
| 1 year | $192.31 | $27.48 |
| 2 years | $96.16 | $13.74 |
How to use it
- Write your goal date at the top of the sheet.
- When you move money to savings, color in a box for that amount.
- Keep a running total in the corner every month so you can see the pace.
Ways to use it
- Take two years: about $96 a week.
- Share it: two people saving for one goal can split the boxes.
- Clear a row with windfalls: tax refunds, bonuses and gifts.
Tips
- Use a high-yield savings account so the money earns a little while it waits.
- Bonuses, tax refunds and gifts are a good time to clear a row of big boxes.
Questions
How much do I need to save each week to save $10,000 in a year?
About $192 a week, or $833 a month. Over two years it is about $96 a week.
Is this the same as the 100 envelope challenge?
Similar idea, different total. The classic 100 envelope challenge goes from $1 to $100 for $5,050. This version goes to $10,000 and works without envelopes.
Where should I keep the money?
Many people use a separate high-yield savings account so the money earns some interest and is not spent by accident.
Goes well with
- 2027 money goals worksheet Three money goals for the year, each with a plan and a monthly check-in.
- Net worth tracker 2027 What you own minus what you owe, checked four times a year.
More savings challenges
Save $2,027 in 2027
A year-long savings challenge with 100 boxes, from $5 to $36.
$1,000 in 100 days
One box a day for 100 days. Most are under $20.
$5,000 biweekly paycheck savings challenge
One amount per payday, 26 paydays, $5,000 by the end of the year.
Reverse 52-week savings challenge
Start at $52 in January, end at $1 in December.
This printable is a general planning tool, not financial advice. Read the full disclaimer.