Mums saves £5,000 in six months with 'envelope challenge'

manchestereveningnews.co.uk:

Sign up to the M.E.N.'s Manchester Family newsletter for all the latest from school closures to ways to entertain the kids A mum has shared how she manage to save a staggering £5,000 in less then six months.

The idea has quickly gone viral after she shared the envelope challenge, based on a formula created by a German mathematician.

Carl Friedrich Gauss, who made contributions to many fields in mathematics and science in the 18th century, is crediting with creating it, reports BirminghamLive.

Well first you simply create 100 envelopes, each labelled £1 to £100. Set aside 25 weeks. Across those 25 weeks, draw two envelopes twice a week - four per week - at complete random.