Woman Shows People on TikTok How to Save R50k in 2023 With a 100 Envelope Stuffing Challenge: SA’s Wowed

• One woman decided to share how she manages to save a whopping R50k in just 100 envelopes
• TikTok user @nomazdiaries explained her savings plan in a clip, showing the neat and manageable system
• So many people were wowed by the idea and took to the comments to get more information

Saving is so important, but it can also be daunting. One lady took the time to share her secret of saving R50k in just 100 envelopes.

With people living pay cheque to pay cheque, saving is not something that a lot of households do. So, not many children learn how to save.

TikTok user @nomazdiaries shared a video in which she showed people her 100 envelope stuffing challenge that helped her save R50k. With it being just 100 envelopes it makes it easier to small amounts rather than stressing a huge lump sum every month.

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She explained that she’s used this method to put a down payment on her car and would encourage everyone to give it a go.

The people of Mzansi are here for the savings tips

@Leo Queen said:

“I did something like this last year and ended up with R15k at the end of the year.”

@urbanmosadi said:

“I love this. I need this. Thanks for sharing.”

@Gillian Seetso said:

“I do something similar but weekly during the duration of the year and I put it in an account that accumulates interest.”

@ Nkuli said:

“Smart money move ”

@Rethaaa-bileee said:

“January is approaching my dear I need your envelopes ”

Minion piggybank makes Mzansi man R24k richer: the people of South Africa are hella inspired by the savings

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In related news, Briefly News reported that one Mzansi man learnt the power of small and consistent savings and managed to collect a whopping R24k in 2022 alone. People are now adding piggy banks to their Christmas lists.

While saving is so important, it is not at the top of the priority list in most third-world households. Many South African people do not know how to save and could learn something from our guy here.

Facebook user Kwanele Chef Mbatha shared a picture of himself counting his 2022 savings from his Minion piggy bank. Having saved just R5k in R5 coins the previous year, he knew he could make magic the next… and he did!

Source: Briefly News