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Daily Record
Daily Record
Lifestyle
Levi Winchester & Nicola Roy

Money saving hack using envelopes that could see you put away £5000 in a year

Saving money at the moment is difficult due to the rising cost of living and soaring energy bills.

But if you're desperate to put away some money this year, a cash-saving challenge involving envelopes could mean you end 2023 with a whopping £5,000 saved.

All you need to take part is 100 envelopes, and on each one, write any cash amount between £1 and £100. Each week, choose two at random and save however much the envelope is labelled with.

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