It's incredible how much we spend on little things. A five dollar coffee here. A ten dollar lunch there. Do you ever look at your bank statement online and realize you spend way too much on the little stuff?
But all of a sudden, TikTok has discovered this revolutionary way to stay within your budget and it's called Cash Stuffing.
- You start by dividing your envelopes into categories and labeling them. Categories can include date night, bills, utilities, rent and whatever else you’ll need to pay for.
- Then you put the cash you’ll need into the envelope it goes with.
- And then comes the tough part … that’s all you spend. So no more swiping your card anytime you want to buy something.
Of course you may have to use a card for a real emergency, but this will help you keep all those little charges from adding up to a big bill.
Fans of the cash stuffing trend, like Stephanie Garcia, say it really works for them. She admits she used to swipe her card “way too much,” but since she started cash stuffing, she’s been able to keep her debt low and managed to save $10-thousand for the future.
I learned about this years ago from Dave Ramsey. He calls it the Envelope System. My friend and her husband were able to pay off $12,000 in debt and save almost $10,000 over a couple of years. It's an incredibly strict plan that you have to follow, but the results are amazing.
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