For those willing to try to save money during times of high inflation and the cost of living crisis, cashstuffing seems like a good option.
While banking apps offer ways to manage cash savings, people on TikTok swear by the new trend and say that using physical money changes their approach to spending. How it works?
Cashstuffing allows you to withdraw the total monthly, fortnightly or weekly budget and divide the money into a folder, where the relevant expenses are marked: monthly expenses, clothing, travel, etc.
The hashtag for the trend, which is particularly popular on TikTok, has been viewed by over 520 million people.
The trend does not limit the number or types of spending and does not provide a set amount of money that people must save. But however much you put in one envelope, that's the amount of money you're allowed to spend that month. At the end of the month, you can review expenses and reorganize the budget through categories, if necessary.
Does it work? Some say yes, some say no. You have to try it.
@budgetwithdee This is a bit all over the place but I hope it helps! ? #cashstuffing #cashstuffingenvelopes #budgetbinder #weeklysavings #cashstuffinguk #cashstuffingtok #cashenvelopes #cashenvelopesystem #cashstuffingbeginners ? GOOD VIBES - Ellen Once Again
