Key Points ・The 100 Envelope Challenge can help students save $5,050 in 100 days by setting aside small, daily cash amounts. ・The challenge has gone viral on TikTok as students and young adults share ...

S aving money doesn’t have to be boring. The viral 100 Envelope Challenge circulating on TikTok has become a low-pressure way to save about $5,000 in only 100 days — one envelope at a time.