Envelope Challenge

[Vikabro]

A while ago I'd seen videos on Tik Tok about a challenge where you take 100 envelopes and each week you pick two at random and fill it according to what it on the envelope.

I'm trying that, but I took it to some extreme. I have over 500 numbered envelopes. All numbered 1-100 all numbers picked by dice or a random number generator.

I tried to do that near the beginning of the year. Yet I stopped when COVID had come up. I ended up opening all the envelopes I've filled from before. I'm going to try again. Luckily I still have all those envelopes.  

[Vikabro]

Prof. Moonie

So, it's an incentive to save money? Is that what it's supposed to be?

Pretty much. With the envelopes there I have more motivation to set some money aside. Then with the money in envelopes, I'm less likely to use it. I find that it helps quite a bit.  

[Zphal]

I've heard of this. An interesting concept. I'll admit I don't keep as much paper currency around as I used to, but whenever I get coins I kind of horde them.

Which, with the current "coin shortage," I can't help but wonder if it gets bad enough if there will be government incentivization for people to spend them? Like, I'd be willing to empty some of my large piggy banks I've accumulated over the years for double their value. xd  

[Vikabro]

Zphal

I've heard of this. An interesting concept. I'll admit I don't keep as much paper currency around as I used to, but whenever I get coins I kind of horde them.

Which, with the current "coin shortage," I can't help but wonder if it gets bad enough if there will be government incentivization for people to spend them? Like, I'd be willing to empty some of my large piggy banks I've accumulated over the years for double their value. xd

I kinda do the same with my coins. Or at least until I'm short on money and need to use them. I don't really have a lot at the moment since I did exchange most of what I had to various stores for cash.  

[Vikabro]

So far when it came to coins I never really tried to take them to a bank. I either just spend them or take them to a coin star. Never really more than $50 most of the time.

Currently, I have rolled up what I can and had them set aside so I'm unlikely to get to them. I have a hard time keeping coins rolled up. I usually tear the rolls open just to roll them back again. It probably sounds a bit stupid but it might be partly thanks to my autism and that the act of rolling the coins of somewhat soothing. Honestly, I don't even get why I do it and I get irritated when I do. The same thing applies to those counting banks. After I have my coins put into it I will sometimes be tempted to dump them all out. Reset the bank then put them all back it. I especially hate that because if there are a lot of coins the task can get tedious.  

[Meh101]

I have never heard of this...  

[Vikabro]

Meh101

I have never heard of this...

I think I only know of it because there were many videos on TikTok that spoke of this challenge. I don't think I've seen anything about it outside of TikTok.  

[Meh101]

Vikabro

Meh101

I have never heard of this...

I think I only know of it because there were many videos on TikTok that spoke of this challenge. I don't think I've seen anything about it outside of TikTok.

Yea i don't do tiktok.  

[Vikabro]

I have a bit of an update regarding this subject.

First off that I had to do a bit of a restart to the envelope thing as I got better envelopes and I ended up needing the money saved so far. Though since then I was able to save up near the same amount I had set aside.

The second is that last month I had a dumbass moment. I couldn't have a counting bank without constantly dumping it and resounding what I had. It is partly thanks to my Autism. Either way, I bought a new one. Though the funny thing is that I have yet had the urge to dump it out. I've had it for a full month and I didn't once dump it. I'm kinda proud of that.